Search
Close this search box.

Greater Bay Area Focus

Why Greater Bay Area?
The Wealthiest Urban Clusters of China

The Greater Bay Area consists of the two Special Administrative Regions of Hong Kong and Macao, and the nine municipalities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen, and Zhaoqing in Guangdong Province.

The Greater Bay Area (GBA) – a region in Southern China that comprises two Special Administrative Regions and nine municipalities in Guangdong Province covering a total area of 56,000 km2 with approx. 70 million population and an aggregate GDP of US$1.5 trillion at the end of 2017 – is an initiative that has great significance in China’s development blueprint.

The GBA blueprint was revealed in February 2019 and details the concepts of how to transform the eleven cities into a global economic powerhouse. The blueprint touches upon encouraging governments in Hong Kong, Macao, and Guangdong to strengthen communication and cooperation with each other, and promoting the idea of cross-border collaboration. Hong Kong, Macao, Shenzhen and Guangzhou would be the key cities and core engines in GBA to lead regional development and reform as well as the driving forces for innovation.

Average GDP per capita more than double the China average

12% of China's GDP

2.6 times as big as New York Metropolitan Area

12th largest economic entity in the world

9 times as many people as in San Francisco Bay Area

Consumers spending almost 30% of their income on daily expenses

The consumer market expected to double by 2025

GBA Cities

hong kong
Hong Kong

Area: 1,110 Km2
Population: 7.33 million
GDP: US $362.44 bn
Per-capita GDP: US $49,464

Macao

Area: 33 Km2
Population: 0.67 million
GDP: US $22.73 bn
Per-capita GDP: US $33,784

Cityscape
Shenzhen

Area: 1,997 Km2
Population: 17.68 million
GDP: US $482.15 bn
Per-capita GDP: US $27,250

guangzhou
Guangzhou

Area: 7,434 Km2
Population: 18.81 million
GDP: US $429.32 bn
Per-capita GDP: US $22,840

Zhuhai

Area: 1,736 Km2
Population: 2.47 million
GDP: US $60.22 bn
Per-capita GDP: US $24,370

Zhongshan

Area: 1,784 Km2
Population: 4.47 million
GDP: US $54.06 bn
Per-capita GDP: US $12,150

Dongguan

Area: 2,460 Km2
Population: 10.54 million
GDP: US $166.74 bn
Per-capita GDP: US $15,880

Foshan

Area: 3,798 Km2
Population: 9.61 million
GDP: US $189.04 bn
Per-capita GDP: US $19,904

Zhaoqin

Area: 14,891 Km2
Population: 4.13 million
GDP: US $40.27 bn
Per-capita GDP: US $9,750

Huizhou

Area: 11,347 Km2
Population: 6.07 million
GDP: US $80.41 bn
Per-capita GDP: US $13,260

Jiangmen

Area: 9,507 Km2
Population: 4.84 million
GDP: US $56.17 bn
Per-capita GDP: US $11,620

Source: Census and Statistics Department of Hong Kong, Statistics and Census Service of Macao, the statistics bureaux of the relevant PRD cities, HKTDC

CW's Greater Bay Area Focus

For the past years, CW Group has been cultivating good relationship with government entities in Hong Kong, Shenzhen, Guangzhou and Zhuhai as well as collaborating with foreign chambers and working closely with our strategic partners in the GBA. We have developed a strong GBA presence with our headquarter in Hong Kong and our China offices strategically located in Shenzhen and Guangzhou.

As your trusted advisor, CW can assist your enterprise or business to set foot in Shenzhen, Guangzhou and further afield in the GBA via Hong Kong as a gateway to the Chinese market and conversely help Chinese companies in the GBA to go global with our extensive Mainland and International network.

With the ever-changing and complicated regulatory environment in China, our strategic partnership with Z&T Law Firm in Guangzhou provides legal consultancy services such as IP consultation, drafting business contracts, labor relations management and more. All in all, CW brings a one-stop solution to our clients and foreign enterprises planning to capture the tremendous opportunities introduced by the GBA Initiative.

CW's Insights on Greater Bay Area

Let's Work Together.
Get in touch with our team of knowledgeable advisors today and take the first step towards unlocking your business's full potential in the Greater Bay Area.