Championed as an opportunity to create a more vibrant ecosystem and improve the quality of life for millions of people, the project seeks to leverage the complementary strengths of three areas which collectively represent roughly 12% of the country’s annual GDP (2016). The GBA aims to serve as a vital blueprint for cooperation between the Chinese Mainland and the country’s two Special Administrative Regions (SARs). However, integrating these three very large and very diverse areas presents immense practical challenges.
Differing degrees of market orientation, as well as attitudes towards fair competition and international business standards may present complications. Furthermore, with the global economy in downturn and China facing slowing economic growth, geopolitical headwinds and increasing pressure to ‘go green’, the road ahead is anything but assured. At this critical stage in region’s development, how will things play out as we move from plan to practice? What will it take in terms of infrastructure, talent and more to transform the GBA? And, how will changes impact both foreign and Chinese businesses in the region?
Join us in Hong Kong on June 2 to find out.
Scan our QR Code at right or follow us at ThatsGBA for events, guides, giveaways and much more!
Weekly updates to your email inbox every Wednesday
0 User Comments