The Impacts of the GBA Across Industries (2)

2nd Episode about Impacts across different industries:

1) Real Estate:
The rise of the Greater Bay Area has stimulated demand in the real estate market. Emerging commercial and residential areas within the region, such as the Hengqin New Area in Zhuhai and the Qianhai Area in Shenzhen, have garnered attention from developers and investors.

2) Healthcare and Life Sciences:
The Greater Bay Area is home to top-tier medical institutions and research organizations, attracting interest from healthcare and life sciences companies. Guangzhou’s biopharmaceutical industry and Hong Kong’s medical technology firms are expanding their businesses and driving innovative research within the Greater Bay Area.

3) Retail Industry:
Due to intense urban competition within the region and changing consumer behavior, the strategic appeal of the Greater Bay Area to the retail sector is relatively lower compared to other industries. Many international retail brands cautiously approach their expansion plans in the Greater Bay Area, placing greater emphasis on e-commerce and online sales channels.

4) Potential Development:
The rise of the Greater Bay Area has led to growth in industries including e-commerce, cross-border e-commerce, express delivery, cold chain logistics, pre-cooked food, aquatic products, and integrated logistics services.

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