Macao celebrates 25 years since its return to China with a thriving tourism sector. Economic diversification beyond gaming, participation in the Belt and Road Initiative, and strategic location within the Greater Bay Area have transformed Macao into a global tourism destination. Festive celebrations highlight cultural heritage while modern infrastructure enhances accessibility.
Cathay Pacific is bringing back direct flights between Hong Kong and Hyderabad, India, starting March 30, 2025. This move strengthens the airline’s presence in India and enhances connectivity at its Hong Kong hub. The service will offer seamless connections to other destinations within the Greater Bay Area via ferry and coach transfers.
The Hong Kong Tourism Board (HKTB) is once again participating in the China International Import Expo (CIIE), showcasing Hong Kong’s exciting tourism experiences, major events, and its key role in leading the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) tourism brand. This year’s pavilion features innovative displays and interactive activities, aiming to attract visitors and solidify Hong Kong’s position as a top global tourism destination.
Hong Kong International Airport (HKIA) is undergoing a major transformation, evolving into a world-class destination that goes beyond aviation. The Airport City, a project spearheaded by the Airport Authority Hong Kong (AAHK), aims to become a premier hub for commercial activities, art, entertainment, and leisure, further stimulating economic growth in Hong Kong and the Greater Bay Area. This ambitious plan involves a wide range of developments, from a state-of-the-art marina and a massive indoor arena to a unique art ecosystem and a fresh food market, transforming the Airport City into a must-visit destination for locals and tourists alike.
The Greater Bay Area, encompassing Guangdong, Hong Kong, and Macao, hosted a tourism promotional event in Indonesia to showcase its diverse offerings and attract international travelers. The event focused on multi-destination travel packages and fostered deeper cooperation between the three regions, positioning the Greater Bay Area as a unified, world-class destination.
The Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference was held in Paris on May 24th, 2024. Over 400 delegates from various sectors of the French business community participated in the event. The conference focused on strengthening economic and trade cooperation between the Greater Bay Area and France, and resulted in the signing of 36 bilateral investment and trade projects valued at $3.22 billion USD.
Hong Kong’s Financial Secretary, Paul Chan Mo-po, has highlighted the need for investment in green development and the digital economy to drive economic growth amid geopolitical tensions and market pressures. Despite positive economic growth in the first quarter, the local property and stock markets have faced declines. Chan emphasized the importance of embracing green development and digitalization as key areas for future growth, in line with Beijing’s ambitions for Hong Kong’s development.
Young professionals are increasingly tertarik towards Hong Kong’s accountancy industry due to opportunities in ESG reporting, corporate governance consulting, and the Greater Bay Area, despite a recent decline in new share listings.
