Greater Bay Area to foster regional integration

The Guangdong-Hong Kong-Macao Greater Bay Area will foster closer collaboration and integration within the region, an industry official said.

Vincent Lo Hong-sui, chairman of the Hong Kong Trade and Development Council, said: "It (the GBA) is a key concept of making the members of the region closer."

According to Lo, the region's current GDP is about $1.5 trillion, equivalent to that of South Korea.