On March 28th,  the Spanish Chamber of Commerce in Hong Kong, in partnership with IE Business School, successfully held a talk about the topic, “Greater Bay Area: The New Silicon Valley in China”.

The Chinese government announced on February 28^th the blueprint for the creation of “The Greater Bay Area”. The development of this new regional economic integration and cooperation includes nine mainland cities and two special administrative regions:  Hong Kong and Macao. Together, they make up for an economy of 70 million people and with a GDP of $1.5 trillion USD. The main objective of this ambitious project is to create ¨the new Silicon Valley¨ and surpass in technological and innovation hub projects.  The initiative will put Chinese economy in a stronger position and it will boost internationalization.  

The experts discussed the challenges and opportunities that this initiative will offer to the Spanish technological ecosystem. The talk was specially focused on the role Hong Kong will play as the traditional entry point to China.

It was held at the Paper Pavilion located on IE´s Madrid campus. The debate was followed by a coffee break where the attendees networked, discussed and meet with fellow experts.