Bay Area Updates

Jun 13, 2024

GBA poised to gain from RMB milestone

Cross-border renminbi transactions in South China's Guangdong province reached a record high of 7.39 trillion yuan ($1.02 trillion) in 2023, up 25.1 percent from the previous year.

Jun 12, 2024

GBA generates 1/9 national economic output with small land area

The GBA has seen remarkable economic growth, with its economic output rising from 10.8 trillion yuan in 2018 to over 14 trillion yuan in 2023.

Jun 04, 2024

GBA facilitates robust SMEs' development

In the five years since China's plan for the development of the Guangdong-Hong Kong-Macao Greater Bay Area was published, the region's economic output has increased from 10 trillion yuan ($1.38 trillion) to more than 13.6 trillion yuan.

May 27, 2024

New rail links enable convenient regional commutes

Two new intercity railways linking the cities of Guangzhou, Foshan and Dongguan in Guangdong province were put into use on Sunday, redefining regional travel with their unique subway-style operation and enabling flexible commutes between key cities in the Guangdong-Hong Kong-Macao Greater Bay Area.

May 17, 2024

4 major GBA intercity rail lines to be interconnected

Four major intercity rail lines are set to be interconnected, enhancing regional transportation links across five key cities: Guangzhou, Foshan, Zhaoqing, Dongguan, and Huizhou.

May 14, 2024

Guangdong helps to connect Bay Area rules

Guangdong province is accelerating the connection of rules, regulations and mechanisms with the Hong Kong and Macao special administrative regions to further promote the deep and integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area.