The Guangdong–Hong Kong–Macao Greater Bay Area (GBA) playing a central role in China’s digital economy
![an asian chinese cafe owner businessman receiving payment from customer at counter using QR code](https://www.cwhkcpa.com/wp-content/uploads/2023/03/an-asian-chinese-cafe-owner-businessman-receiving-payment-from-customer-at-counter-using-qr-code-1024x1024.webp)
China has made the digital economy a crucial part of its national development strategy, with a goal to increase the output of core industries in the digital economy to 10% of the national GDP by 2025. The Guangdong-Hong Kong-Macao, Greater Bay Area, is one of the regions with the highest degree of digital economy development in China, creating abundant business opportunities for foreign companies.