Wonders old and new in China’s Greater Bay Area, a land of opportunity Hong Kong and Macau have been invited to join
- Of all the regions of China that have modernised since its opening to the world in 1978, none has changed faster than the Greater Bay Area.
Ever since Deng Xiaoping opened China to the world in late 1978, areas in and around the Pearl River Delta have seen the fastest growth during the country’s subsequent rise to become the second-largest economy in the world.
While the GBA accounts for just one per cent of China’s land area, it has five per cent of its population, 12 per cent of its gross domestic product and a stunning 35 per cent of exports.
The GBA has been, and plans to continue to be, the beneficiary not just of the diversity of its own economy but also of massive investment from Hong Kong and preferential policies from Beijing.
Part of this vision was brought to reality by Xi Zhongxun, Communist Party secretary and Guangdong provincial governor between 1978 and 1981 – and father of China’s current leader.