An international colloquium (an important academic meeting to ask questions and create answers) on the economic development of the Guangdong-Hong Kong-Macao Greater Bay Area is about to kick off on September 5th, during which global scholars will shed light into the industrial development after the COVID-19 pandemic as well as the emerging challenges of global trade.

Organized by the Guangdong University of Finance & Economic (GDUFE), the colloquium will have 14 high-profile scholars from the Greater Bay Area, US, UK and Australia to present on topics closely related to the GBA development and post-pandemic economy.

Yu Haifeng, President of GDUFE, said this is the fourth year for the university to organize the colloquium but the first year to hold it online due to the ongoing global pandemic. “The colloquium has already attracted great attention in academia because countries are seeking effective strategies to revitalize the economy while the development of Greater Bay Area, a major engine of China’s economy, is gradually coming back on track.”

According to Yu, the participants are either representative scholars involving in global bay area research or entrepreneurs with working experience in the Guangdong-Hong Kong-Macao Greater Bay Area. “I believe our brainstorming will actively contribute to regional development and our global partnership,” said Yu.

Shen Minghao, Director of Guangdong-Hong Kong-Macao Research Institute of Guangdong University of Foreign Studies said he would discuss about the possibilities to build the Greater Bay Area an engine to drive the fourth industrial revolution at the colloquium. “I will focus on how to make good use of the resources in Guangdong, Hong Kong and Macao and attract the world’s top-notch designers, researchers and producers of the intelligence industry.”

Shen Minghao considered this as a prospective topic as the fourth industrial revolution is about to come and the intelligence industry has been a global trend. “The Greater Bay Area is a major manufacturing center for intelligent hardware. If we look at the cellphone industry, the output in the Greater Bay Area takes up 60 percent of the total production in China and 40 percent around the globe. The area has also fostered a series of global brands such as Huawei, Tencent and DJI.”

Huang Qingan, Dean of International Business School of GDUFE, said universities provides an important platform for international exchanges. Teachers and students of the Greater Bay Area have the nature advantage to connect with global counterparts. He hopes people could seize opportunities to embrace the world and contribute to international communication and cooperation.

Author: Keane, Jasmine

Editor: Wing, Jerry