Since the release of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area in 2019, the interaction between Guangdong, Hong Kong and Macau has moved towards higher levels, deeper and wider fields. PwC assists you to seize the opportunities and provide insights for the development of your business in the Greater Bay Area.
In April 2023, Chinese President Xi Jinping inspected Guangdong and highlighted "We need to make the Guangdong-Hong Kong-Macao Greater Bay Area a strategic fulcrum of new development pattern, demonstration of high-quality development and leading area of Chinese-style modernisation".
In 2023, The GBA’s GDP exceeded 1.4 billion yuan. This important area produced 11% of China’s GDP by less than 0.6% of the country’s land and 6% of the total population and has been the essential engine of China’s development. As one of the most opening and powerful areas, the GBA is moving to become an international first-class bay area and world-class cluster.
PwC together with "Gov-Industry-Academia-Research", conducts cutting-edge research in many fields such as business environment, finance and data asset to provide advice and suggestions for the development of the Great Bay Area.
The “Outline Development Plan” has formulated 5 strategic orientations:
The “Outline Development Plan” gives different positions for the “9+2” cities. They plan their unique role based on their industrial advantage. The four major cooperation platforms focus on different strategic position to drive the deep integration of Guangdong, Hong Kong and Macao.
Managing Partner - Markets, PwC China
Tel: +[86] (10) 6533 2838 / +[852] 2289 8288
Guangdong Markets Leader, Guangzhou Office Lead Partner, Zhuhai Office Lead Partner, PwC China
Tel: +[86] (20) 3819 2999
