The long-anticipated document confirmed that Hong Kong, Macau, Shenzhen and Guangzhou would be the four key cities of the Greater Bay Area and the core engines for regional development. Photo: AFP

Greater Bay Area plan receives mixed reaction in Guangdong province, still work to do for Beijing

  • Hi-tech manufacturers, property speculators and market investors who stand to gain support the plan for China’s rival to Silicon Valley and the Tokyo Bay Area
  • Export traders and low-tech manufacturers see Beijing’s grand plan as doing little to help their struggle to survive, with fears it could actually increase costs
Topic |   Greater Bay Area

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The long-anticipated document confirmed that Hong Kong, Macau, Shenzhen and Guangzhou would be the four key cities of the Greater Bay Area and the core engines for regional development. Photo: AFP
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