All articles tagged with #greater bay area
Nvidia's CEO Jensen Huang emphasized China's potential in AI development, particularly in the Greater Bay Area, despite geopolitical tensions. He encouraged Hong Kong students to consider careers at Nvidia and highlighted the region's strengths in mechatronics. Huang, along with actor Tony Leung and other notable figures, received honorary doctorates from the Hong Kong University of Science and Technology.
Less than half of European firms expressed optimism for China's Greater Bay Area, a scheme to integrate 11 cities into an economic and business hub. Obstacles for the region stem from competition between cities rather than policy coordination. The Greater Bay Area had an economy of US$1.8 trillion last year.
China's $6.7 billion Shenzhen-Zhongshan Bridge, at 15 miles long, eight lanes wide, and featuring artificial islands and an undersea tunnel, is set to open next year and will form a central plank in China's master plan to develop its Greater Bay Area into an economic and technological hub that can rival San Francisco, New York or Tokyo. However, critics say the bridges are also meant to serve another, more political purpose, by subsuming what are at present quite disparate regions into a single Chinese identity.
China's $6.7 billion Shenzhen-Zhongshan Bridge, at 15 miles long, eight lanes wide, and featuring artificial islands and an undersea tunnel, is set to open next year and will form a central plank in China's master plan to develop its Greater Bay Area into an economic and technological hub that can rival San Francisco, New York or Tokyo. However, the building of these giant bridges in such close proximity is testament both to China's growing ambitions on the global stage and the problems it faces in realizing them, including the disparate nature of, and barriers between, some of the cities involved.
Chinese President Xi Jinping urges Guangdong province to use its manufacturing and technology capabilities to support the success of the Greater Bay Area regional plan. He emphasizes the importance of prioritizing the real economy over the virtual one in China's modernization efforts.