The second year into COVID-19 has witnessed the continued disruption of the global supply chain. Despite the challenges from international uncertainties, China has continued to support globalisation through statements and actions and further opened up its economies. In 2021, China’s total trade volume and realised foreign direct investment (FDI) reached RMB 39.1 trillion and RMB […]
Urbanization – manifested through level of infrastructure development, perception of businesses, and state of labor market – has the potential to catalyze economic growth and improve human capital outcomes. In 2017, the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) into a megalopolis was codified in a government report in China. GBA consists of […]
Summary: The Chinese government officially launched the integration of the Greater Bay Area in 2017, with the aim of building Hong Kong, Macau and nine mainland cities into a competitive urban agglomeration. With the advancement of this strategy, inward FDI flows increased to other GBA cities as well. Post the Covid-19 pandemic, the recovery in […]
ACI PERSPECTIVES 