China’s tech hub beats Beijing and Shanghai, in spite of US curbs on the ability of many Shenzhen based companies to export their products and import US parts.
Greater Bay Area
A new ferry terminal in downtown Guangzhou’s Haizhu district will make travel to the provincial capital easier and be a boon to GBA integration, officials say.
Policymakers from the Greater Bay Area meet in Hong Kong to foster and further integrate the market in sustainable finance in the region.
The pilot project allows freight from across the GBA to be inspected in Dongguan and then exported via Hong Kong without additional clearance.
A poll of more than 1,000 companies in the Greater Bay Area finds that some 60 percent expect business to match or exceed pre-Covid levels before the year ends.
Since the end of the pandemic, Chinese companies have been quick to resume their investments in the South American nation.
Under a new scheme launched by the Guangdong authorities, locals are eligible to apply for thousands of official and semi-official positions.
James Chang of PricewaterhouseCoopers China praises the GBA’s infrastructural links but says “soft connections” are needed to create cultural coherence.
The political push for integration is leading to a greater number of official exchanges, with Hong Kong lawmakers the latest to head north on a fact-finding tour.
