[营销星球]汇丰银行-中国大湾区：不同的城市，同一个目标-中国宏观策略-2018.8-51页

Disclaimer&Disclosures:ThisreportmustbereadwiththedisclosuresandtheanalystcertificationsintheDisclosureappendix,andwiththeDisclaimer,whichformspartofithttps://www.research.hsbc.comChina’sGreaterBayAreaManycities,onegoalTheGreaterBayArea(GBA)comprisingthePearlRiverDelta,HongKongandMacao……isoneofthe19cityclustersattheheartofChina’snewgrowthdynamicWethinkitisshowingthewayasinnovation,qualityoflifeandconsumptionbecomemoreimportantECONOMICSCHINAAugust2018By:QuHongbinandKelvinHo-PorLamhttp://www.euromoney.com/Brokers????1ECONOMICS●CHINAAugust2018Sources:WIND,CEIC,governmentstatisticalyearbooks,HSBCResearchTheGreaterBayArea:China’sneweconomichubGrowthingoodsandservicesGDPpercapita,bycity(USD)TheGBAaimstobringtogetherthetwoSpecialAdministrativeRegionsofHongKongandMacaowithninecitiesinGuangdongprovince:Guangz