The total economic volume of Guangdong, Hong Kong and Macao Greater Bay Area has exceeded 13 trillion yuan
2023-03-22
The statistical departments of Guangdong, Hong Kong, and Macao have recently released economic data for 2022. According to data, in 2022, the total economic volume of the Greater Bay Area of Guangdong, Hong Kong, and Macao will exceed 13 trillion yuan, significantly enhancing its comprehensive strength, and accelerating its progress towards the established goal of building an international first-class bay area and world-class urban agglomeration. Mao Yanhua, dean of the Institute of Regional Opening and Cooperation at Sun Yat-sen University, said that in the face of "three pressures", the economy of Dawan District has continued to develop steadily, demonstrating the vitality and high growth of the regional market. With further openness, innovation, and internationalization, the Dawan District has become an important bridge for building a new development pattern of "dual circulation". "The Outline of the Development Plan for the Greater Bay Area of Guangdong, Hong Kong, and Macao" has been issued for more than four years, and a heavy transcript has been handed over. According to data from the Guangdong Provincial Bureau of Statistics, the gross domestic product of the nine mainland cities in the Greater Bay Area in 2022 will be 10468.1 billion yuan; According to data released by the statistics department of the Hong Kong SAR government, Hong Kong has achieved a gross regional product of 2827 billion Hong Kong dollars, which is approximately 2428 billion yuan at the average exchange rate in 2022; According to data released by the Macao Special Administrative Region Government, Macao has achieved a gross regional product of MOP 177.3 billion, or approximately 147 billion yuan. As a result, the total economic volume of the Greater Bay Area of Guangdong, Hong Kong, and Macao exceeds 13 trillion yuan. On the night view satellite map, the the Pearl River estuary, a particularly bright area, is one of the most open and dynamic regions in China. On the world map, the Greater Bay Area of Guangdong, Hong Kong, and Macao, together with San Francisco Bay, New York Bay, and Tokyo Bay in the United States, are known as the four largest bay areas in the world. In recent years, with the strong promotion of Guangdong, Hong Kong, and Macao, as well as relevant departments, the construction boom in the Great Bay Area has surged, expanding new space and injecting new momentum into the development of Hong Kong and Macao, continuously enriching the new connotation of the practice of "one country, two systems", and highlighting the vitality of "one country, two systems". Dawan District is showing great prospects and space. At the end of 2022, the governments of Guangdong, Hong Kong, and Macao jointly held the Guangdong, Hong Kong, and Macao Greater Bay Area Global Investment Promotion Conference, and 853 cooperation projects were reached on site, with a total investment of 2.5 trillion yuan. The Guangdong Provincial Government proposed in its government work report at the beginning of the year that the main expected target for Guangdong's economic and social development in 2023 is economic growth of more than 5%, with the target growth rate of 9 cities in the mainland of Dawan District being higher than this; The Hong Kong SAR government previously expected Hong Kong's growth to range from 3.5% to 5.5% in 2023, and some institutions expected Macao's economy to rebound as well. (Liao Xinshe)
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