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The Pan-Pearl River Delta (Pan-PRD)
and the Greater Pearl River Delta (Greater PRD)
The Pan-PRD region comprises nine provinces in the Pearl River Delta
region in Southern China, plus the two SARs of Hong Kong and Macao.
The nine provinces are namely Fujian, Jiangxi, Hunan, Guangdong,
Guangxi, Hainan, Sichuan, Guizhou and Yunnan. The Pan-PRD region has
an area of 2.006 million square km, accounting for 21% of the total
area of China. It has a population of 453 million, representing 35%
of the country's total population. In 2003, the region registered a
collective GDP of US$652.6 billion, accounting for about 40% of
China's total economic output.
The Pan-PRD regional co-operation can be viewed as an extension of
the Greater PRD regional co-operation. Over the years, with the
co-operation on the trade and economic front as well as in other
areas among Guangdong, Hong Kong and Macao, the economic integration
in the Greater PRD region has made remarkable development. It has
outperformed the inland provinces in the neighbourhood in terms of
economic development. On the other hand, the inland provinces in the
neighbourhood are endowed with vast hinterlands, huge markets and
abundant resources, with each province specialising in individual
industries. Given their respective strengths, the provinces are
complementing with the Greater PRD on the economic front. The
signing of the Closer Economic Partnership Arrangement between the
Central Government and the SARs of Hong Kong and Macao respectively
in June and October 2003 has opened up an avenue for Hong Kong and
Macao to forge ahead, on the basis of the Greater PRD regional
co-operation, with greater economic co-operation with other inland
provinces. Under the national strategy of co-ordinated regional
development, the idea of Pan-PRD regional co-operation initiated by
Guangdong Province has received enormous support from the Central
Government and met with positive response from other member
provinces, thus facilitating the co-operation among the Pan-PRD
region. The Pan-PRD regional co-operation will provide a wider
platform for the development of the Greater PRD, which will remain
the inner core of the Pan-PRD region and continue to assume the role
of a powerhouse in boosting economic growth, thereby promoting the
overall development of the Pan-PRD region.
Greater Pearl River Delta
The Greater Pearl River Delta (PRD) region consists of nine cities
in the PRD (namely Guangzhou, Shenzhen, Zhuhai, Dongguan, Foshan,
Zhongshan, Huizhou, Jiangmen and Zhaoqing) plus Hong Kong and Macao.
Hong Kong serves as an international financial, logistics and
professional services centre while the PRD is a world-class
manufacturing base. The combined strengths of Greater PRD underline
the region's pivotal role in driving economic development and
generate enormous opportunities for Hong Kong companies. This
section reports on the latest developments and opportunities in the
Greater PRD region.
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