pearl river delta 2020
DESCRIPTION
Pearl River Delta development plans for 2020TRANSCRIPT
¥711 bn10 mil
¥681 bn
8.6 mil
¥90 bn1.5 mil
¥361 bn6 mil
¥111 bn4 mil
¥315 bn7 mil
¥123 bn2.5 mil
¥111 bn4.5 mil
¥60 bn3.8 mil
¥110 bn0.5 mil
¥2,002 bn
7 milLogistics, Financial CentreMfg in electronics
Financial, MICE, Business Svc,
Port, Intl airport Centre…
Entertainment, MICE Centre
Trade, MICEMfg in auto parts ..
Mfg in electronics … Mfg in laser diodes, electronics…
Mfg in lighting, motorcycles…
Mfg in industrial ceramics, electronics
Petrochemicals, Machinery
PRD excluding HK, Macao (2007 HKTDC figures)GDP pp RMB 53,820, or 2.8 times national average
3.6% China’s population but 8.8% of national retail sales
Port
F&B products
Outline of the plan for reform and development of the Pearl River Delta (PRD) 2020
popGDP
Put together by MTI Futures Group with
existing slides from HK Civic Exchange
What is the context of PRD 2020 and why does it matter?
The drop in G3 demand has hit Guangdong hard, and increased the urgency
for reforms. PRD 2020 is a ‘pilot region’, which means lessons learnt here will
be applied to creating mega city clusters for rest of China.
Guangdong has chosen to reject ‘three highs one low’
industries (high
investment, high energy consumption, high pollution, low yield ‐
高投入, 高能
耗, 高污染, 低效益 ) and ‘clean the cage and change the birds’
(腾笼换鸟) to
move up the value chain.
Successful reforms would create a cluster of highly interlinked,
advanced
manufacturing and service hubs for South China/ASEAN, the next
generation/wave of Chinese MNCs
supported by an enlarged domestic PRD
middle class in one of the world’s most dynamic city clusters.
Outline of the plan for reform and development of the Pearl River Delta (2020)
Knitting
together
‘the most
dynamic city
cluster in
Asia Pacific’
Moving up
the mfg
value chain
Creating a
services hub
for Asia
Pacific
Moving
from ‘made
in GD’
to
‘created in
GD’
Creating/
repairing
urban and
rural social
safety nets
Conserving
resources
and
minimizing
pollution
‘Stepping
out’
globally
Zhongshan‐Shenzhen cross
estuary link
HK‐Zhuhai‐
Macao bridge
Expand SZ
Bao’an
airport
Expand GZ
Baiyun
airport
SZ MRT
GZ MRT
DG MRT
PRD Inter‐city
railway
More
Wantou
water
conservancy
project
More
Integrate rural‐urban
development reform
Integrate rural‐urban
development reform
Integrate rural‐urban
development reform
Pilot social reform
FS MRT
HK‐SZ airport
cooperation
Power from
Garbage projects
Lead ‘one department’
government pilotDigital PRD
network
South China
Logistics
Internet
Knitting the PRD together with unified 1(a)
urban planning (roads, railways, airports)1(b)
energy, water, waste & info infrastructure & 1(c)
public services
Drawing north Guangdong into the PRD.East and west Guangdong will supply PRD with energy, steel, water etc.
mileage
Moving the PRD up the manufacturing value chain away from labor intensive
industries into 2(a)
5 inter‐related capital and technology intensive industries and
2(b)
creating potential globally competitive manufacturing companies.
Petrochemical
Ship buildingEquipment
Mfg
Iron & Steel Automotive
Shipbdg
& repair
Car
industry
clusters
Ocean
Engg
Zhanjiang
Steel
Base
New
energy
auto
PharmaFine
chemicals
Aircraft
mfg
Nuclear
Power
Wind
Power
Power
Tx
CNC
lathes
Moving the PRD to match HK and Macau in service industries by creating 3(a)
regional financial centers, 3(b)
targeting specialized conventions, 3(c)
logistics
hubs, 3(d)
international outsourcing hubs and 3(e)
software and cartoon bases.
Outsrng
Hubs
ConventionsRegional
Financial
Centers
Logistics HubsSoftware/
Cartoon
Bases
SZ Port
3 cities
for intl
service
outsrng
SZ
Second
Board
GD
Financial
Zone
GZ
Baiyun
Airport
SZ
Bao’an
Airport
GZ Port
Moving from ‘made in GD’
to ‘created in GD’
via 4(a)
developing high tech
industries, 4(b)
creating an ‘innovation axis’
and alliance 4(c)
consolidating
national level ‘innovation enterprises’.
PRD
Innovation
Alliances
High Tech
Industries
PRD‐
HK ‐
Macao
Innovation
Axis
New AgConsolidtng
national
enterprises
100 RI‐
Industry
tech
alliances
Attract
MNC
R&D
SZ
Innovtn
Center
GZ
Science
City
SZ hi‐tech
industrial
belt
New
rice
>6 GD‐CN
Academy
of Science
projects
South
China
New
Medicine
Center
GZ Intl
Biological
Island
50 natl/
10 intl
innov
enterprs
3‐5
clusters
> ¥100bil
3‐5
MNCs
>
¥100bil
Opening up internationally by 5(a)
knitting PRD to HK, Macao and Taiwan.
Encouraging GD enterprises to ‘step out’
(走出去)
to 5(b)
ASEAN and other
emerging markets of 5(c)
Africa and Latin America.
Taiwan
Macao ASEAN
Hong KongEmerging
Markets
CN –
ASEAN
FTA
RMB
business
PRD
enterpris
es to list
in HK
Cross‐
strait Ag
co‐optn
Enforce
CEPA
Zhuhai‐
Hengqin
Zone
Advanced mfg base: Communications
eqpt, biological engg, new materials,
automotives using new energy
Financial, MICE, Business Svc,
Port, Intl airport Centre…
Entertainment, MICE Centre
High‐end services
Mfg in electronics, Lake
Songshan
Tech park
Port, base for petrochem.
Port‐front eqpt
mfg, chemicals, healthcare
Machinery eqpt, new‐type flat
panel display, financial services
Advanced mfg
GDP pp RMB 135,000, or 3.6 times 2008 GDP
Gaolan
Port, ocean engg,
aviation industrial park, intl
biz
and tourism resort.
Traditional
industries
What would a successfully reformed Pearl River Delta 2020 look like?