大湾区行业发展指数2025

Greater Bay Area IndustryDevelopment Index 2025 21 October 2025 Index Features 2025 Key Themes The1stindex to cover6 key industries Artificial Intelligence The1streport to have a multi-dimensionalassessment of industrial development in all11citiesin the GBA •ExploreAI applicationsacross industries•Analyse the impact of AI onoperations•Provide recommendations on AI-relatedchallengesfaced by Hong Kong enterprises A combination of2 methodsin evaluating industry performance:quantitative and qualitative Going global 3,400+GBA enterprises surveyed •Analysetrends inoverseas expansion•Explore Hong Kong’sservice offerings•Providerecommendationson building HongKong’s end-to-end overseas value chain A comprehensive analysis of120+statistical indicatorsand1,300+data points Growth across six key industries •Construction& RealEstateindustrycontinued to experiencenegative growth, but thedecline narrowed•Growthin Financial Services, Trade & Logistics, and Culture, Sports& Tourismslowed slightly•Growth in the I&T andmanufacturing industriesaccelerated Overall GBA Business Confidence Index Development of six key industries Hong Kong retains the #1 position in the GBA for Financial Services FinancialServicesInnovation &TechnologyTrade &LogisticsManufacturingConstruction &Real EstateCulture, Sports &Tourism The IPO marketing is booking Hong Kong85.6 •42 new IPOs raisedoverHKD 107 billion in total infirst half of the year,a sevenfold year-on-yearsurge that placedHong Kongatop globally•Broke recordswith6 listingson 9 July CATL’s dual listing in May raised over HKD 40billion, marking theworld’s largest IPOthis year Shenzhen75.8 Robust trading activities reaching new heights •Average daily turnover reaching HKD 240 billion in thefirst half of the year,a sharp year-on-year increaseof over 100% Hong Kong stocks performed exceptionally well •Hang Seng Index performance outperformed mostmajor global indices Hong Kong continues to optimize its regulatory environment andimprove its digital asset ecosystem Innovation &TechnologyTrade &LogisticsManufacturingConstruction &Real EstateCulture, Sports &TourismFinancialServices Hong Kong’s breakthrough in digital asset policy Hong Kong85.6 •Hong Kongreleased thePolicy Statement 2.0 on the Development ofDigital Assets in Hong Kong•Implemented theStablecoin Ordinance, oneof thefewjurisdictionsworldwide to regulate stablecoin•Lays foundation forreal-world asset tokenization Shenzhen75.8 Guangzhou67.9 Collaborations on digital and smart development •Hong KongMonetary Authority and Cyberport launchesPhase II of the Gen AISandboxprogramme•GuangzhoureleasedNansha 30 Financial Measures➢Support Gen AI’s development and applications in finance➢Guangzhou Data Exchange will cooperate with Hong Kong digital assetplatform to bring innovation to trading services Strongest growth engine in the GBA among the six industries FinancialServicesInnovation &TechnologyTrade &LogisticsManufacturingConstruction &Real EstateCulture, Sports &Tourism Shenzhen85.7 Booming developmentof emerging industries Growing R&D capabilities Growing number of enterprises Emerging industriesdriving economy Guangzhou74.7 •Guangdong province is home to over 1,900national-level “specialised, refined, differential,and innovative (SRDI) ‘little giant’ enterprises”,14 ranking first in China•Shenzhen has298 new “little giants”last year Zhaoqing: •The total industrial output value of the”two new,one electric” industriesabove a designated sizehas reached RMB 110 billion Hong Kong65.5 Zhongshan: Expanding talent pool •Among its 27 listed companies,atleast 10 are in the new energy field•MingyangSmart Energyranked firstin revenue and second in marketcapitalisation Dongguan62.4 •The number of R&D personnel hasincreasedin all cities •Zhuhai’s growth exceeded 40% Shenzhen, Guangzhou and Hong Kong each have their unique strengths AI empowers programming, lowering barriers to development FinancialServicesInnovation &TechnologyTrade &LogisticsManufacturingConstruction &Real EstateCulture, Sports &Tourism Shorten drug R&D cycles Lower barriers to development •Over ¼ofGoogle’s new codes are AI generated•Domestictech giantshave launchedAI programmingassistants •Shortendrug discovery and preclinical research timeby nearly40% •Predicttheactivity and pharmacokinetic propertiesof compounds,rapidly identifying promising formulas User Assistant Understand intentand break down thetask Human-machinecollaboration empowersprogramming Describe needsand goals innatural language Hong Kong’s air freight advantage remains pronounced as GBA citiesenhance logistics infrastructure Growth in air freight in GBA Autonomous logistics development in the GBAs facilitates trend ofinterconnected collaborations FinancialServicesTrade &LogisticsManufacturingConstruction &Real EstateCulture, Sports &TourismInnovation &Technology Hong Kong82.5 Low-altitude economy •Ideal for transporting high-value goods, acompos