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GBAF to facilitate dialogue and cooperation among global bay areas

(People's Daily Online)    17:43, March 28, 2019

The Global Bay Areas Cooperation and Development Forum (GBAF), an international gathering for dialogue and cooperation between six world-renowned bay areas, will be held in San Francisco on March 29, 2019.

With the theme of “Connect, Cooperate, Develop”, the GBAF will engage all participants in in-depth discussions on a wide range of topics, including economic globalization, regional integration, sustainable development of global bay areas, as well as technological innovations, according to organizers.

Organizers also revealed that representatives of core institutions and top enterprises, think-tank experts, as well as senior analysts and economists from the six bay areas will attend the GBAF.

Data indicates that bay areas around the world contribute 60 percent to the global economic aggregate, among which those in San Francisco, New York, Tokyo, Sydney and the Guangdong-Hong Kong-Macao Greater Bay Area are most prominent. The forum is especially important at a time when regional economic integration has encountered a development bottleneck against the sluggish recovery of the world economy since the 2008 financial crisis.

As a unique model to drive the regional economy, the global bay areas may shed some light on world economic development for the years to come.

The forum will also introduce a cooperation mechanism by establishing the Global Bay Areas Cooperation Council, a bridge for global bay areas to exchange resources. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Hongyu, Bianji)

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