Has China’s GBA Achieved the Desired Economic Momentum in Guangdong?

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 […]

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Chart of the Week January 14, 2022: FDI in the GBA Ecosystem: Core vs Node Cities

Summary: To propel the economic development of the Greater Bay Area, China’s State Development and Reform Commission signed the “Framework Agreement on Deepening Guangdong-Hong Kong-Macao Cooperation in the Development of the Greater Bay Area” in 2017. The involvement of Guangdong, Hong Kong, and Macau governments in this agreement marks the beginning of integrated development in […]

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