The Greater Bay Area commercial property market grew despite Covid-19. It will come into its own once the pandemic is brought under control


Source: scmp.com scmp.com

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The Greater Bay Area has become one of the most dynamic regions in China since the release of the State Council’s plan for the development zone in February 2019. The area, together with the New York Bay Area, the San Francisco Bay Area and the Tokyo Bay Area, is among the four most significant bay areas in the world. Their strategic positions are highly important for their respective national economic development plans. Over the past 20 months, China and the rest of the world have been affected by the Covid-19 pandemic to various degrees. With travel restrictions still in place,...