China: impact of FinTech on the GBA 2021

According to a survey conducted in 2021, approximately 43 percent of respondents believed that financial technology (FinTech) will create more business opportunities in the Guangdong - Hong Kong - Macao Greater Bay Area (GBA). Around 37 percent of respondents were convinced that FinTech would enhance the GBA as a global financial center.

Expectations of how FinTech will effect the Guangdong-Hong Kong-Macao Greater Bay Area as of 2021

Characteristic	Share of respondents
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Release date

September 2021

More information

Region

China, Hong Kong, Macau

Survey time period

May 28 to July 30, 2021

Number of respondents

258 respondents

Special properties

among accounting and finance professionals

Method of interview

Questionnaire

Supplementary notes

Survey question:
"In your opinion, how will financial technology (FinTech) most likely impact the GBA?"

The Greater Bay Area is the Chinese government's scheme linking the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen, and Zhaoqing into an integrated economic and business hub.

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