With coordinated growth development in the Greater Bay Area, Guangdong, Hong Kong and Macao are embracing new opportunities for iterative upgrades. A win-win collaborative framework is taking shape and vibrant economic momentum is now being unleashed.
Zhang Hu, Executive Vice-governor of Guangdong Province, underlined that the total economic output of the GBA has surged from 10.8 trillion yuan in 2018 to over 14 trillion yuan by 2023, contributing to one-ninth of China's economic output with less than 0.6% of the country's land area. This showcased its immense potential and momentum for high-quality development, as well as the institutional advantages and vibrant vitality of the "one country, two systems" framework.
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