Hong Kong Economic and Trade Office, San Francisco
Hong Kong

Bay to Bay: Synergies between San Francisco Bay Area and China’s Greater Bay Area
Report identifies opportunities especially in tech and sustainability

 

A research report identifying synergies and collaboration opportunities between the San Francisco Bay Area and China’s Guangdong-Hong Kong-Macao Greater Bay Area (GBA) was published and presented at a webinar on June 24 by the Bay Area Council Economic Institute, based in San Francisco, and the Hong Kong Trade Development Council (HKTDC). The Director of the Hong Kong Economic and Trade Office in San Francisco Ms. Jacko Tsang delivered the opening remarks at the webinar. Entitled “Bay to Bay: China’s Greater Bay Area Plan and Its Synergies for US and San Francisco Bay Area Business,” the report analyses the trade, investment and policy landscape of the two bay areas, and identifies sectors with potential including climate change, clean energy, healthcare, electric and autonomous vehicles, biomedicine, and fintech.

In addition to assessing the trade and investment landscape and detailing areas for potential collaboration, the report also looks at the GBA in detail and how US businesses can leverage Hong Kong as an international platform to link up with the GBA to capture business opportunities.

Mr. Sean Randolph, the report’s principal author and Senior Director at the Bay Area Council Economic Institute, notes that “The GBA and the San Francisco Bay Area are both complex regions and global economic hubs. Hong Kong in particular, as an international crossroads with a dynamic services sector and innovative research, has similarities to San Francisco. With its relative openness and established legal system for business transactions it’s also well-positioned as a bridge to the GBA. In the last few years doing business between the US and China has become more complicated but there are still many opportunities to explore, in fields from clean energy and climate change to health, biomedicine and fintech.”

Mr. Nicholas Kwan, Director of Research at HKTDC, which supported the study, comments that “As a global city Hong Kong plays a unique role in the Greater Bay Area plan based on its rule of law, respect for intellectual property, the scale and depth of its financial system, and its capacity for innovation. That opens the door for Bay Area and California companies to take advantage of opportunities in the GBA through partnerships in Hong Kong.”

Download the report here.

 

 

       2021 © | Important notices     Privacy policy      Accessibility                                                                                                                                               Last Revision Date: August 25, 2021

 

Web For All W3C Web Accessibility initiative    
This website adopts web accessibility design and conforms to the World Wide Web Consortium (W3C) Web Content Accessibility Guidelines (WCAG) 2.0 Level AA standard. Should you have any enquiries or comments on its accessibility, please contact us by phone or email.