Hangzhou Has Been Praised by Foreign Media Since It Has Become More and More International

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Will the Greater Bay Area of Hangzhou Bay Become the Fifth Largest Bay Area in the World?
en.hangzhou.com.cn  2018/05/29 15:14  Urban Express

The Greater Bay of Hangzhou Bay is high in economic vitality, degree of openness and strong in innovation ability. According to related statistics, the economic aggregate of Hangzhou, Ningbo, Jiaxing, Shaoxing, Wenzhou and Taizhou has occupied 79.8% of the economic aggregate of the whole province since the reform and opening-up policy was launched. Thereinto, the total output value of the central bay area has a proportion of 57.7%.

The concept o Zhejiang Greater Bay Area was firstly raised at the 14th Congress of Zhejiang Party Representatives in June 2017.

At present there’re three major bay areas in the world: San Francisco Bay Area, New York Bay Area and Tokyo Bay Area.

According to the World Bank, 60% of global economic aggregate centers on bay areas.

Author:Reporter  YIN Junling  LIN Bibo Editor:Dong Lixue
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