CHINA PERSPECTIVE: The Greater Bay Area – Visionary Collaboration in the Making

The latest statistics show that the Greater Bay Area – which takes in Guangdong province with its 9 cities, Hong Kong and Macao – received a total of more than 400 million tourists and tourism revenue of more than 1 trillion yuan ($153 billion) in 2016. Hong Kong and Macao remained the top destinations for mainland tourists, comprising 58 percent of the 122 million outbound travelers.

Together with the central government’s plan for the development of a city cluster in the Guangdong-Hong Kong-Macao Greater Bay Area, led by Chinese Premier Li Keqiang, the plan is expected to elevate regional development and economic growth efficiency in the hub as a whole, while giving full play to the distinctive strengths of the region.

In this session, government officials and academics will share their outlook on the Greater Bay Area, which covers 5 percent of the country’s population but created 13 percent of the nation’s GDP in 2016. What are the policies that drive this ambitious regional collaboration initiative? What role will the Greater Bay Area play in this region’s tourism economy and in the global tourism economic supply chain? How can the Greater Bay Area’s tourism industry benefit from this regional collaboration?


     
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