All posts by anthony@greaterbayinsight.com

Comparing the regions

Here is a rough comparison of how the GBA stacks up against the other “Bay Regions” in its weight class.

Greater Bay Area Tokyo Bay Area New York Bay Area SFO Bay Area
Land (km²) 56,000 36,500 21,500 17,900
Pop. (mn) 69.6 44.0 20.2 7.7
GDP
(US$trn)
1.6 1.9 1.7 0.8
GDP Per
Cap. (US$)
23,000 42,000 82,000 102,000
Cargo (TEU) 7,499 773 625 237
Airport Pass. (mn) 200 120 130 80
% of Nat’l
GDP
11.8% 37.6% 9% 4.2%
Services (%
of GDP)
64.9% 82.3% 89.4% 82.8%

The Greater Bay Area: Introduction

Map: bayarea.gov.hk

The long-awaited Guangdong-Hong Kong-Macau Greater Bay Area (GBA) masterplan was released on February 18, 2019. As had been expected, the 59-page English translation reads like a broadly ambitious guide to how the region is expected to develop over the coming years, leaving more specific implementation details to be fleshed out by local authorities, albeit under the guidance of the central government.

Although short of detailed prescriptions, the document provides a glimpse into how quickly the region is likely to change in the coming years: by 2035, nine Guangdong cities plus the Hong Kong Kong and Macau SARs (“9+2”) should be the world’s leading “bay area”. This would involve roughly doubling the region’s GDP over the next 15 years, thereby surpassing Greater Tokyo, Greater New York and Greater San Francisco.

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