The blue paper – published by the Social Sciences Literature Press – emphasized the Greater Bay Area’s economic volume of RMB13 trillion (MOP14.39 trillion/ US$1.78 trillion) for 2022 despite a “complicated environment” at home and abroad.
The researchers said that investment and consumption in nine GBA mainland Chinese cities experienced slight growth while those in Hong Kong and Macau recorded a fall that year.
According to the 14th Guangdong Provincial People’s Congress held in January this year, as many as 991 investment projects were planned for this year, involving some RMB670 billion.
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