Facts & Figures
Greater Bay Area
Guangdong’s economy reached a GDP of almost 2 trillion USD in 2022, surpassing the economy of South Korea and making up around 15% of China’s total economic output.
With its world-known industrial backbone as well as logistic infrastructure it has outstanding economic importance for Asia and is geographically located at the centre of the world’s largest free-trade-agreement (RCEP).
On a land area the size of Croatia, the GBA includes 9 of China’s largest megacities, the highest density of Fortune 500 companies in China and is home to China’s most innovative companies.
With 90 million inhabitants, the GBA compares to the joint population of Germany & Switzerland and is developing into a powerhouse of future technologies – especially IoT, Green Transition and Smart Urbanisation related.
Ecosystem | Logistic
„China will be our largest market in the world. Foreign-funded enterprises will see more important opportunities for development in China as China steadily opens to the world and moves faster to create a strong domestic market. Danaher is stepping up its investment in China and aims to become a key enabler of China’s medical and biomedical industry.”
„Guangzhou oozes challenging spirit. Since ancient times, Guangzhou has had a huge resident population, strong capacity to consume and developed commerce. Guangzhou has unique characteristics compared with Shenzhen where we first opened stores. We believe that our success in Guangzhou will be of help to our operations in the Greater Bay Area.”
Touchpoint in Europe
Our team from Invest in Huangpu is located in Germany, but we are supporting companies and partners from all over Europe. We are looking forward to helping you with information, consultancy, local contacts, and execution services on your journey to the world’s largest IoT, Green Transition and Smart Urbanisation Mega-City-Cluster: GREATER BAY AREA. We are on your side, from the initial assessment to project closure and business development in Huangpu District (Guangzhou).
Dr. daniel frerichs