Greater Bay Area attracts investment through innovation, productivity and connectivity

Where is the top hot spot for foreign investment in China? As one of the regions with the highest degree of openness and the strongest economic vitality in China, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is doing its part.

In 2021, the total economic volume of the Greater Bay Area reached 12.6 trillion yuan ($1.8 trillion), creating about 12 percent of China's total economic volume with less than 1 percent of the country's land area. Its economic volume is even higher than that of South Korea.

According to the 2022 Global Innovation Index Report, released by the World Intellectual Property Organization, the Shenzhen-Hong Kong-Guangzhou science and technology cluster has been ranked second in the world for three years in a row.

How can innovation be efficiently transformed into productivity? CGTN's Tang Bo explains.

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