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You are here: Home / Beijing approves plan for Greater Bay Area to rival Silicon Valley in the United States

Beijing approves plan for Greater Bay Area to rival Silicon Valley in the United States

Email By Bang Xiao and Christina Zhou Posted January 16, 2019 05:40:58 Photo: Beijing’s Greater Bay Area plan reflects China’s deep innovation and technology ambitions. (Flickr: Mariusz Kluzniak) Related Story: ‘No gifts are ever free’: World’s longest bridge further blurs lines between China and Hong Kong Related Story: 40 years on from the ‘experiments’ that transformed China into an economic superpower Related Story: ‘Everyone is feeling more despair’: A look back at Hong Kong’s handover to China 21 years on Map: China Beijing has given the greenlight to a blueprint for a technology-driven economic powerhouse in southern China to rival San Francisco’s Silicon Valley amid doubts about the plan’s feasibility. Key points: The Greater Bay Area has a population of 69 million and a GDP of $US1.5 trillion Experts believe the plan is part of China’s strategy to catch up to America Details of the Greater Bay Area plan is set to be announced in February The Greater Bay Area plan aims to link Hong Kong, Macau, and nine cities in the Guangdong Province — including the megacities of Shenzhen and Guangzhou — into a giant science and IT hub comparable to the combined size of San Francisco and Tokyo’s… Read full this story

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Beijing approves plan for Greater Bay Area to rival Silicon Valley in the United States have 331 words, post on www.abc.net.au at January 16, 2019. This is cached page on CuBird. If you want remove this page, please contact us.

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