China's GBA Economic Growth Tops 60% as Region Secures Spot in 15th Five-Year Plan
Event summary
- The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) included in China's 15th Five-Year Plan (2026-2030) and Government Work Report for the tenth consecutive year.
- GBA economy expanded by 60% between 2016 and 2025, contributing one-ninth of China's GDP despite occupying less than 0.6% of its land.
- Development of GBA featured in China's Five-Year Plan for three consecutive periods starting with the 13th Five-Year Plan in 2016.
The big picture
The inclusion of the GBA in China's 15th Five-Year Plan underscores the region's strategic importance in national economic development. With a 60% economic expansion over the past decade, the GBA has become a critical engine for China's growth, reflecting broader trends in regional integration and policy-driven economic development.
What we're watching
- Regional Integration
- How sustained cross-border collaboration will affect the GBA's economic trajectory.
- Policy Continuity
- Whether China's long-term commitment to the GBA can maintain its rapid growth pace.
- Infrastructure Investment
- The pace at which new infrastructure projects will be developed to support further economic expansion.