A Comparison of World’s Major Bay Areas

The Greater Bay Area is a city cluster comprising nine cities including Guangzhou, Foshan, Zhaoqing, Shenzhen, Dongguan, Huizhou, Zhuhai, Zhongshan and Jiangmen, and two special administrative regions, Hong Kong and Macau. Occupying a total area of 56,000 sq km, the Greater Bay Area is home to 66.71 million inhabitants with a total GDP on par with that of Korea.

 

Guangdong-Hong Kong-Macau Bay Area

One of the most economically sound and densely populated regions on the Mainland, boasting vast clusters of ports and airports. It is Mainland China’s technology and financial centre.

 

Greater Tokyo Metropolitan Area

A man-made Bay Area, it is home to 1/3 of the country’s population. It is also the country’s largest industrial city cluster and international financial centre. As it is home to the headquarters of many Fortune 500 companies, it is also known as the “Industrial Bay Area”.

 

New York Metropolitan Area

Positioned as the“ Financial Bay Area”, it is the heart of the global financial market and is home to an array of banks, securities, futures, insurance and foreign trading institutions. Over 1/3 of top 500 US companies have their headquarters established here.

 

 

San Francisco Bay Area

Positioned as the“ Technology Bay Area”, it is where the global centre of high-tech research, Silicon Valley, is located. The area has the second largest number of Fortune 500 companies in the US.

 

 

Source:HKTDC Research