There’s one area of China’s economic expansion easily missed however, maybe because it is too obvious - the amazing expansion of the Greater Bay Area in south-east China.
"There’s one area of China’s economic expansion easily missed however, maybe because it is too obvious”
Integrated with Hong Kong and Macau, the Greater Bay Area also includes nine Guangdong cities. The area’s total population is about 69.6 million, representing 5 per cent of total population in China. Its gross domestic product is RMB10.2 trillion, 11.6 per cent of China’s total GDP.
To add perspective, the total GDP in the Greater Bay Area is higher than Australia and is about the same as Canada.
Total economic clout aside, the Greater Bay Area is also quite diverse and the 11 cities have their own core features. Guangzhou has the largest population, Shenzhen the highest employment figures, Hong Kong’s GDP is highly concentrated in tertiary industry while the GDP of both Foshan and Huizhou are mostly secondary industry. Macau has the highest GDP.