Understanding China: GBA integration gathers pace
- Shenzhen will expedite its transformation into a capital of innovation with a global franchise
- Guangzhou has been designated as a national top-tier gateway city functions…
- … as an international commerce hub
- Hong Kong will enhance its role as an international finance centre
• Shenzhen will expedite its transformation into a capital of innovation with a global franchise.
- Strategic Emerging Industries currently constitutes 40% of Shenzhen’s GDP, with new economy accounts for more than 60%.
• Guangzhou has been designated as a national top-tier gateway city functions as an international commerce hub.
- The newly-launched carbon emission futures trading platform supports China’s strong commitment to climate action.
• Hong Kong will enhance its role as an international finance centre.
- We have identified 5 promising opportunities: 1) New Economy listing; 2) Trade finance opportunities for various segments; 3) Further easing of capital control in the region and developing e-RMB; 4) Upcoming Wealth Connect and Southbound bond connect; and 5) Green financing
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