Greater Bay Area
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Greater Bay Area

Greater Bay Area
Greater Bay Area
The "Greater Bay Area" refers to the Chinese government's scheme to link the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub.
last updated:
27 August, 2024
Shoppers check out at a busy supermarket in Shenzhen. Photo: Shutterstock
Banking & finance

Hongkongers can now open mainland accounts at HSBC, Standard Chartered, Bocom

Holders of the accounts can transfer funds to use in mobile payment apps while in mainland China.

Artificial intelligence

AI-driven drug discovery aided by Greater Bay Area integration, firm says

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Macau

Wynn looks to Vegas to help revamp Macau’s US$28 billion casino economy

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Hong Kong politics

Hong Kong must broaden international links, says Beijing’s top man in city

Liaison office director Zheng Yanxiong calls for innovation, while Chief Executive John Lee vows bold steps.

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Zheng Yanxiong has urged Hong Kong to enhance its adaptability. Photo: Nora Tam
Hong Kong

Editorial | Hong Kong should market Greater Bay Area to the world

As the region’s superconnector, city is best placed to explain the incredible opportunities available in the development zone.

China technology

GBA’s next-gen chipmakers find ready buyers in Chinese EV industry

Semiconductor companies are eyeing for the Greater Bay Area amid high demand for next-generation chip materials

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Semiconductors

Greater Bay Area’s next-gen chipmakers find ready buyers in Chinese EV industry

Guangzhou’s Nansha district is attracting companies specialising in silicon carbide semiconductors, as they look to capitalise on regional integration.

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David Xiao Guowei, chairman of AscenPower Semiconductors, speaks during a panel discussion at the South China Morning Post’s China Conference in Guangzhou on Wednesday. Photo: Nora Tam
Hong Kong

Greater Bay Area developing rapidly, but needs better ‘narratives’: Hong Kong expert

Panel speakers at China Conference in Nansha discuss how infrastructure development shapes cross-border flows of people and goods.

Greater Bay Area

Hong Kong can help turn the Greater Bay Area into a biomedical hub, experts say

To advance innovation, however, the GBA needs to better integrate its medical data, panellists say.

Banking & finance

Hong Kong should seize role in clean-energy commodities, think tank says

Commodities market would ‘create a new growth point for Hong Kong’s economy’, report from Better Hong Kong Foundation says.

An aerial photo taken on September 2, 2024 shows the fourth phase of the Chinese-built Mohammed bin Rashid Al Maktoum Solar Park in Dubai, United Arab Emirates. Photo: Xinhua
Hong Kong economy

Nansha is ‘best partner’ to ensure Hong Kong flourishes domestically, globally

Top official notes municipal district’s development potential, given larger land area than Singapore, and support for Hong Kong youth.

Nansha aims to attract international investors and work with Hong Kong to build a science and technology innovation centre. Photo: Xiaomei Chen
Hong Kong economy

Greater Bay Area has ‘immense opportunities’ for Hong Kong, Nansha: CY Leung

Hong Kong deputy financial secretary Michael Wong and Nansha district party chief Liu Wei are among conference’s VIP speakers.

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Hong Kong economy

Hong Kong’s leader calls on entrepreneurs to seize opportunities over border

City leader John Lee tells Shenzhen summit that opportunities are waiting for companies willing to pursue innovation and embrace change.

Hong Kong healthcare and hospitals

Hong Kong hospital admits first patient via cross-border ambulance scheme

Patient with chronic bronchitis transferred from University of Hong Kong-Shenzhen Hospital in Futian to Tuen Mun Hospital.

The ambulance from the University of Hong Kong-Shenzhen Hospital is parked at the accident and emergency department at Tuen Mun Hospital. Photo: Jelly Tse
Hong Kong politics

Xi’s orders for Macau serve as reference for Hong Kong, Beijing official says

Xia Baolong also calls on Hong Kong and Macau to fully unleash the benefits of the ‘one country, two systems’ governing principle.

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The president’s recent remarks on Macau also apply to Hong Kong, a senior Beijing official says. Photo: Eugene Lee
Hong Kong economy

Hong Kong’s Paul Chan meets Asean chief to promote city’s links with bloc

Finance chief ends visit to Indonesia, as survey of 600 Greater Bay Area companies finds strength of city’s connectivity with bloc has risen.

Hong Kong society

Board members fear famed Hong Kong flower market may lose ‘spirit’ in revamp

Town Planning Board holds first public hearing on Sai Yee Street and Flower Market Road development scheme in Mong Kok.

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Bonds

Hong Kong’s airport authority raises US$2.4 billion from historic bond issuance

AAHK’s bond was targeted at institutional investors and denominated in Hong Kong dollars.

A plane soars above Hong Kong International Airport. Photo: Nora Tam
IPO

Hong Kong makes overture to Indonesian companies to raise capital

Companies in Southeast Asia’s most populous nation should find Hong Kong’s capital market an ‘attractive and advantageous’ place for raising funds, Paul Chan said.

Banking & finance

Opinion | How Macau’s rise as financial hub opens doors for Hong Kong

With its robust financial institutions and broad pool of investors, Hong Kong can play a vital role in incubating Macau’s financial market.

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Hong Kong society

Young Hongkongers say adapting to mainland work culture key to smooth transition

Greater Bay Area youth job scheme offers opportunities, but some struggle to cope with fast pace, long hours.

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Illustration: Brian Wang
US-China relations

Former US vice-president Mike Pence to visit Hong Kong for business forum

He will speak at UBS Wealth Insights 2025 and engage with business leaders on private trip, according to source and agenda.

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Mike Pence is expected to visit Hong Kong in mid-January on a private trip. Photo: Getty Images via AFP
Hong Kong economy

Editorial | Link leads to brighter future for Greater Bay Area

Opening of Huangmaohai Cross-sea Passage to ease flow of goods between Hong Kong and other cities in development zone.

Macau

Bond listings in Macau hit record, stronger growth seen in 2025

Bonds issued and listed on the Chongwa (Macao) Financial Asset Exchange surged 46 times this year compared with US$600 million in 2018.

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Hong Kong tourism

Hongkongers take 1 million more trips over Christmas holiday than in 2018

But mainland Chinese arrivals dropped by nearly 100,000, from 756,000 in 2018 to 657,000 this year.

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Mainland tourists visit Victoria Harbour in Tsim Sha Tsui. Photo: Sam Tsang
Family offices

Bankers say new tax concessions to boost Hong Kong’s status as family office hub

UBS, JPMorgan and BNP Paribas among key players seeking to attract family offices.

Hong Kong is a good base for family offices because of its proximity to mainland China, according to analysts. Photo: Nora Tam
Hong Kong transport

Boost for Hong Kong-Shenzhen connections as new railway line starts operating

Initial section of the first phase of Shenzhen Metro line 13 stretches from checkpoint station at the border to city’s Hi-Tech Central.

Hong Kong science and tech

Hong Kong ‘highly concerned’ over pace of rail link works for I&T centre

Concerns raised that entire Northern Link will only be completed nine years after Hong Kong-Shenzhen Innovation and Technology Park opens.

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