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ARTICLE · 03 OCTOBER 2019

China's Silicon Valley: Policy Developments In The Greater Bay Area

The Greater Bay Area (GBA) is the Chinese government's development plan to integrate Hong Kong, Macau and nine cities in the Pearl River Delta (PRD)

ChinaStrategy

INTRODUCTION TO THE GBA

The Greater Bay Area (GBA) is the Chinese government’s development plan to integrate Hong Kong, Macau and nine cities in the Pearl River Delta (PRD), including Shenzhen and Guangzhou, into a leading economic and innovation hub for business growth.

The PRD in China has always been a dynamic region. It has been a test bed for market reform in China since the 80’s, which has helped it attract the lion’s share of Foreign Direct Investment over the years, while also creating some of China’s most innovative and successful home-grown companies (Tencent, Ping An, Huawei, BYD & DJI). Now with the extra ingredients that come along with the GBA initiative, the true potential of this region will be unleashed, creating exciting opportunities for business growth and investment.

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