The GDP of Guangdong-Hong Kong-Macao Greater Bay Area (GBA) exceeded 13 trillion RMB in 2022, according to the statistics authorities of the GBA.

The GDP of nine mainland cities of GBA surpassed 10.46 trillion RMB, while that of Hong Kong SAR and Macao SAR registered about 2.83 trillion HKD (2.43 trillion RMB at 2022 average exchange rate) and 177.3 billion MOP (1.47 trillion RMB at 2022 average exchange rate) respectively.

Furthermore, the total foreign trade of the GBA reached 2.5 trillion USD in 2022, accounting for 5 percent of the global total, according to the latest statistics from the General Administration of Customs of the People’s Republic of China (GACC).

In 2023, Guangdong has set the GDP growth by more than 5 percent, and the government of Hong Kong forecasts economic growth of 3.5 percent to 5.5 percent this year.

Author | Fanny

Poster | Lu Lu

Editor | Wing, Olivia, Nan, Jerry