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Finding Greatness in China’s Greater Bay Area (GBA), part I: Diving into the Bay

Dr. Jean-Marc F. Blanchard
Posted: Aug 04, 2021

Possessing about a decade-long lineage, China’s Greater Bay Area (GBA) formally began in 2017 with the signing of a Framework Agreement between the People’s Republic of China (PRC) and the Hong Kong Special Administrative Region. The objective is to create a mega economic cluster, involving 11 cities (e.g., Guangzhou, Dongguan, Hong Kong, Macao, and Shenzhen) that will be a leading international financial hub, a major global innovation center, a critical node between China and Southeast Asia, a world-class research center in fields such as biotechnology, and, more recently, a major link to China’s ambitious Belt and Road Initiative (BRI).

Executive Director Jean-Marc F. Blanchard to speak at 20th (2018) China Venture Capital & Private Equity Forum (Shenzhen)

Dr. Jean-Marc F. Blanchard, the Executive Director of the Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center), will speak at the 20th (2018) China Venture Capital & Private Equity Forum held from June 8-10 in Shenzhen, China. Dr. Blanchard will speak on "Hard Ways to Facilitate Soft Cooperation: The Case of the (China) Greater Bay Area" at a panel considering how to enhance cooperation in the Guangdong-Macao-Hong Kong (China) Greater Bay Area (粤港澳大湾区).

MNCs in the News-2015-06-19

Foreign direct investment (FDI) in China in May increases by 7.8 percent year-over-year (YOY). New York Times expects Chinese leaders to take heed of foreign business opposition to proposed restrictive Chinese policy measures. Cisco touts plan to invest US $10 billion in China to fund innovation, equity investment, and research and development. China’s National Development and Reform Commission (NDRC) may turn its attention to cases similar to Qualcomm where there is suspect abuse of intellectual property rights (IPR). China’s Ministry of Industry and Information Technology expands opportunities for foreign investors in e-commerce sector. Stabilized bilateral political relations prop up Japanese FDI in China while China’s less appealing economic prospects and labor issues spur a decline. China’s outward FDI continues to surge with massive increases in Chinese FDI in the EU. Australian government touts investment benefits of recently signed China-Australia Free Trade Agreement