Surpassing 14 trillion yuan, over 75,000, 280 million person-times... The comprehensive strength of the Guangdong-Hong Kong-Macao Greater Bay Area reaches a new level

CCTV News: Since 2017, the "Guangdong-Hong Kong-Macao Greater Bay Area" has been written into the Government Work Report for eight consecutive years. This year also marks the fifth anniversary of the release of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area. In 2023, the total economic volume of the Greater Bay Area exceeded 14 trillion yuan, creating one-ninth of the country's total economic output with less than 0.6% of the national land area, and its comprehensive strength reached a new level.

In 2018, the total economic volume of the Greater Bay Area was 10.8 trillion yuan, an increase of 3.2 trillion yuan over five years. With the in-depth implementation of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, Guangdong, together with Hong Kong and Macao, has accelerated the building of a first-class bay area and the best bay area to develop, with notable construction results.

Scientific and technological innovation capacity has been continuously enhanced. The construction of the Guangdong-Hong Kong-Macao Greater Bay Area International Science and Technology Innovation Center, the Comprehensive National Science Center, and the high-level talent hub has been comprehensively advanced, and "national treasures" such as Pengcheng Laboratory and Guangzhou Laboratory have been laid out one after another. The Greater Bay Area is now home to more than 75,000 high-tech enterprises, and a number of leading science and technology enterprises such as Huawei, Tencent, BYD, Midea, and Gree have emerged. The Shenzhen-Hong Kong-Guangzhou science and technology cluster has ranked second globally for four consecutive years.

The internal and external connectivity network is being accelerated and improved. The annual passenger throughput capacity of the Greater Bay Area airport cluster exceeds 280 million person-times, and the annual container throughput capacity of the port cluster exceeds 85 million TEUs. The route network covers major cities around the world and the world's major trade ports. The "Greater Bay Area on Rails" is more complete, the Hong Kong-Zhuhai-Macao Bridge has been completed and put into operation, and basically one-hour accessibility between major cities in the Greater Bay Area has been achieved.

The construction of major cooperation platforms is being accelerated. Hengqin officially began closed operation on March 1 this year, Qianhai issued the country's first investor protection regulation, Nansha has established three major exchanges for futures, shipping, and data, and the comprehensive service base for Chinese enterprises "going global" was unveiled and put into operation. The level of market integration has gradually improved, and a number of landmark items such as "Greater Bay Area Social Security Connect," "Cross-boundary Wealth Management Connect," and cross-boundary government services have been implemented, and the "Greater Bay Area Standards" jointly announced by the three places have reached 183 items.

The huge market and development opportunities of the Guangdong-Hong Kong-Macao Greater Bay Area are attracting a group of foreign investors and enterprises to accelerate their layout. At the just-held "Invest in China Year" Guangdong special event, 74 foreign investment cooperation projects were reached, with a total investment of 90.5 billion yuan. The Guangdong-Hong Kong-Macao Greater Bay Area creates one-ninth of the country's total economic output with 0.6% of the national land area.