The “Greater Bay Area” is a term that outlines the Chinese government’s master plan to integrate the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen, and Zhaoqing into one large economic and business hub. With the “Greater Bay Area” being an important aspect of the One Belt One Road initiative, promoting industrial transformation and upgrade and fostering new industry growth in the region has become a priority for the state. This year at TechCrunch Shenzhen, we will be taking a look at policy advantages, talent advantages, and the supporting capital market of the “Greater Bay Area” in recent years, as well as the outlook of business transformation, industrial upgrade, financial innovation, new retail, scientific research, and biomedical development in this region.

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The area surrounding Guangdong, Hong Kong, and Macau has a vast economic hinterland due to its advantageous geographical environment, and its developed sea, land, and air transportation and logistics network. The fourth largest bay area in the world, after the San Francisco Bay, the New York Bay, and the Tokyo Bay, it’s gradually becoming a new type of advanced manufacturing, modern service industry, and high-tech industry zone. It is also said to match the financial prosperity of the New York Bay Area, the thriving high-tech of the San Francisco Bay Area, and the capital flow of the Tokyo Bay Area.

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Suzanne Tsai

Suzanne Tsai is a social media manager based in Beijing. You can contact her at suzannetsai@technode.com.