China's State Council announced that six cities on the Chinese mainland will expand overseas investment access to several service sectors.
The Wanqingsha branch line of Nansha-Zhongshan Expressway in Guangdong province has been fully connected and traffic is slated to start before the end of the year.
The Guangdong-Hong Kong-Macao Greater Bay Area has achieved good results in integrating industry and talent, especially in the high-tech sector.
Cross-border renminbi transactions in South China's Guangdong province reached a record high of 7.39 trillion yuan ($1.02 trillion) in 2023, up 25.1 percent from the previous year.
The GBA has seen remarkable economic growth, with its economic output rising from 10.8 trillion yuan in 2018 to over 14 trillion yuan in 2023.
In the five years since China's plan for the development of the Guangdong-Hong Kong-Macao Greater Bay Area was published, the region's economic output has increased from 10 trillion yuan ($1.38 trillion) to more than 13.6 trillion yuan.
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