China unveils plans to develop Greater Bay Area


  • World
  • Monday, 18 Feb 2019

FILE PHOTO: A long exposure picture of boats passing by a business area along the Pearl River in Guangzhou, Guangdong province, March 22, 2014. REUTERS/Alex Lee/File Photo

BEIJING (Reuters) - China's cabinet on Monday issued guidelines for developing a "Greater Bay Area" around the Pearl River Delta, in a bid to spur growth in Guangdong province and the cities of Hong Kong and Macau.

The area is home to some 68 million people and has a combined gross domestic product of about $1.5 trillion, roughly equivalent to that of Australia or South Korea.

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