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Market Focus

Greater Bay Area Focus

Eleven cities, 88 million people, one integrated economic region in Southern China

0 M +

people across the 11 GBA cities

0 B +

in GDP (US$)

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of China's total GDP

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national high-tech enterprises including Huawei, Tencent, BYD, and Midea

One of Asia's most connected economic regions — where three systems move as one market.

The Greater Bay Area (GBA) links the two Special Administrative Regions of Hong Kong and Macao with nine municipalities in Guangdong Province — Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen, and Zhaoqing. Together they form one of the most closely watched economic regions in the world.

The Outline Development Plan for the GBA, released in February 2019, set out how these eleven cities would deepen cross-border cooperation between Guangdong, Hong Kong, and Macao, with Hong Kong, Macao, Shenzhen, and Guangzhou positioned as the region’s core engines for growth and innovation.

GBA at a Glance

Two special administrative regions and nine Guangdong municipalities make up the Greater Bay Area — each with a distinct role in the region’s economy.

Hong Kong Financial Hub

Hong Kong

GDP (US$)
$427.30B
Per Capita (US$)
$56,983
Population
7.51M
Area
1,115 km²
Macao Tourism and Leisure Hub

Macao

GDP (US$)
$52.00B
Per Capita (US$)
$75,480
Population
0.69M
Area
33 km²
Shenzhen Technology and Innovation Hub

Shenzhen

GDP (US$)
$542.20B
Per Capita (US$)
$29,926
Population
18.25M
Area
1,997 km²
Guangzhou Commerce and Trade Hub

Guangzhou

GDP (US$)
$448.50B
Per Capita (US$)
$23,559
Population
19.10M
Area
7,434 km²
Foshan Advanced Manufacturing Hub

Foshan

GDP (US$)
$184.20B
Per Capita (US$)
$18,900
Population
9.79M
Area
3,798 km²
Dongguan Electronics Manufacturing Hub

Dongguan

GDP (US$)
$178.60B
Per Capita (US$)
$16,718
Population
10.80M
Area
2,460 km²
Huizhou Petrochemicals and New Energy Hub

Huizhou

GDP (US$)
$89.10B
Per Capita (US$)
$14,475
Population
6.19M
Area
11,347 km²
Zhuhai Aviation and Emerging Industries Hub

Zhuhai

GDP (US$)
$64.00B
Per Capita (US$)
$25,300
Population
2.54M
Area
1,737 km²
Jiangmen Industrial Hinterland and Western Gateway

Jiangmen

GDP (US$)
$60.10B
Per Capita (US$)
$12,458
Population
4.83M
Area
9,505 km²
Zhongshan Specialized Manufacturing Hub

Zhongshan

GDP (US$)
$59.60B
Per Capita (US$)
$13,157
Population
4.57M
Area
1,784 km²
Zhaoqing Green Industry and Agriculture Hub

Zhaoqing

GDP (US$)
$41.60B
Per Capita (US$)
$10,100
Population
4.12M
Area
14,891 km²

Your advisor on the ground, from Hong Kong to the Pearl River Delta.

How CW Helps You Enter the GBA

CW is headquartered in Hong Kong, with offices in Shenzhen and Guangzhou giving us a direct presence in three of the GBA’s four core cities. Over the years we’ve built working relationships with government entities across Hong Kong, Shenzhen, Guangzhou, and Zhuhai, and we collaborate closely with foreign chambers of commerce and strategic partners throughout the region.

For foreign enterprises, that means a single advisor who can take you from a Hong Kong holding structure into on-the-ground operations in Shenzhen, Guangzhou, or further into the GBA — with Hong Kong serving as your gateway to the Chinese market. For Chinese enterprises already established in the GBA, we help you go the other direction: expanding overseas through our international network.

Cross-Border Business Establishment

Hong Kong and Mainland China company formation, investment structuring, licensing, banking support and corporate compliance.

Accounting and Tax Compliance

Bookkeeping, management accounts, financial reporting, tax registration, routine tax filings and coordination with qualified local professional firms where required.

Market Entry and Business Expansion

GBA location assessment, market research, policy guidance, business-partner identification and practical support for companies expanding between Hong Kong, Mainland China and overseas markets.

Ready to unlock GBA potential?

We are ready to discuss your expansion strategy. Schedule a consultation with our GBA advisory team.