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
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
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.

Hong Kong

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

Greater Bay Area

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

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 Chief Executive John Lee (centre), Secretary for Constitutional and Mainland Affairs Erick Tsang Kwok-wai (left) and Secretary for Innovation, Technology and Industry Sun Dong (right) at the summit. Photo: Handout
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.

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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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 Financial Secretary Paul Chan (left) meets Asean Secretary General Kao Kim Hourn in Jakarta, Indonesia, on Thursday Photo: Handout
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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The flower market in Mong Kok is a popular spot to visit. Photo: Elson Li
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.

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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The sun sets on Sai Van Bridge in Macau on December 18. Although there is no stock exchange in Macau, the city has authorised two financial asset exchange platforms. Photo: Eugene Lee
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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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.

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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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Macau is making an effort to diversify its tourism and casino-dominated economy. Photo: Eugene Lee
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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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 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.

Excited youngsters are on hand at the opening of Shenzhen Metro line 13. Photo: Weibo /港鐵深圳
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.

The Northern Link’s construction is set to begin next year and wrap up in 2034. Photo: May Tse
Artificial intelligence

Southern China to allow cross-city robotaxis to ‘connect’ Greater Bay Area

After having registered and been certified in one area, autonomous-driving cars can travel on open roads in other regions.

Banking & finance

Banks, insurers rush for gold in Hong Kong’s ‘silver-hair economy’

Residents older than 65 years made up about 22 per cent of Hong Kong’s population of 7.5 million people in 2023, according to government data.

Banking & finance

Hong Kong employers seek more relationship managers and data analysts next year

Human resource professionals also say customer due diligence officers are in demand.

Hong Kong’s bustling Central district. Photo: Jelly Tse
Hong Kong economy

Christmas on the mainland? Hongkongers opt for festive fun across the border

Holidaymakers say Shenzhen’s open spaces and budget-friendly options drew them to city’s attractions.

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Visitors enjoy the Christmas snowscape at MixC World shopping centre. Photo: Oscar Liu
Hong Kong economy

Opinion | Weakest link in Hong Kong’s tech ecosystem? Scale-up funding

With venture capital and IPO growth weak globally, start-ups should aggressively seek international commercialisation, leverage marketing strategies and connect with power players overseas.

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Shenzhen

Hongkongers find lure of Greater Bay Area’s attractions hard to resist: survey

Hong Kong residents are flocking to the Greater Bay Area for shopping, hot springs and more, attracted by cheaper prices and new experiences.

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