Car factory in Zhaoqing. Photo: SCMP

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Zhaoqingi

Latest news, analysis, explainers and updates on policy announcements, corporate developments and investment opportunities focused on this particular city under the Greater Bay Area (GBA) initiative in southern China’s Pearl River Delta The coverage includes politics and policies, business, lifestyle and culture and useful to-do guides about living, working and studying in the GBA.

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  • Proposals revealed in National Development and Reform Commission action plan, which also calls for incentives to attract Hong Kong talent across border
  • Document released in run-up to fifth anniversary of launch of Greater Bay Area plan to integrate Hong Kong, Macau and nine mainland cities into economic powerhouse

China’s plan to turn Hainan into the world’s largest free-trade port by 2025 will – for the most part – be complementary to Hong Kong and Guangdong, and open up trade opportunities with Southeast Asia.

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Greater Bay Area, which is home to four top 10 richest people in China, will have a new cross-border trading scheme for investment products, a core project by Beijing to promote capital flows and investment among the 11 cities in the plan.

Hong Kong-listed Edvantage Group to expand Zhaoqing and Jiangmen campuses as it takes advantage of transport network, government support and cheap land in the bay area.

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Hong Kong entrepreneurs said their businesses in the Greater Bay Area city were buoyed after mainland authorities asked workers to stay back instead of travelling to their hometowns during the Lunar New Year.

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The Greater Bay Area’s vibrant economy has enabled 73-year old Hong Kong celebrity chef Master Ko to grow his ‘private kitchen’ in his hometown Guangzhou, at the expense of his retirement plan.

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The study underscores how the persistent pandemic – and how governments and societies are adapting to contain and overcome the disease – will have long-term effects on global economies and populations.

Zhuhai, which led the Top 10 Livable Cities in China rankings last year, holds up its economic achievements to attract talent from other Greater Bay Area cities.

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A Hong Kong start-up’s experience shows how the Greater Bay Area can help businesses overcome two major hurdles in the city – high land and labour costs.

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Dalian Wanda, controlled by Chinese billionaire Wang Jianlin, is embarking on an ambitious plan to develop the tourism potentials of Zhaoqing city in Greater Bay Area.

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The inclusion of Zhaoqing in the Greater Bay Area initiative has put the city’s rich history and natural attractions in the spotlight. Here are six top spots to visit on your next trip.

Matteo Ricci worked in Zhaoqing for six years, during which he compiled the very first dictionary between Chinese and a Western language, and drew the first modern Chinese world map.

The cluster of 11 cities, with a combined population of 72 million residents and an economy estimated at US$1.65 trillion – equivalent to the world’s 11th-largest economy behind Canada and ahead of Russia, if it were a stand-alone entity – provides a potential market 10 times the size of Hong Kong.

Zhaoqing’s home prices are rising as the impact of the coronavirus pandemic wears off. And more relaxed government policies and faster train services will only boost its property market further, analysts say.

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Zhaoqing, which covers 27 per cent of the bay area, is starting from a low base which gives it huge growth potential in certain sectors, says head of Hong Kong Institute of Securities Dealers.

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Zhuhai tops the list of Greater Bay Area cities on the mainland with price gains of 1.8 per cent since February, closely followed by Dongguan at 1.7 per cent.

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