Macquarie Business School and the Guangzhou-based School of Business, Sun Yat-sen University have formed a strategic alliance to provide expertise and thought leadership in the sustainable development of the Greater Bay Area (GBA).
This strategic alliance is one of the first partnerships which focuses on understanding and addressing the challenges related to the growth of the GBA through research and teaching expertise in innovation, health economics, education and workforce futures.
Encompassing 71 million people and 56,000 square kilometres, China’s Greater Bay Area (GBA) is rapidly becoming one of the most open and economically vibrant regions within Greater China.
Set to rival the likes of the Tokyo and San Francisco Bay areas, the GBA already has a GDP of US$1.64 trillion, and ranks as the 12th largest economy in the world, ahead of Australia.
As a key strategic component of China’s national development blueprint, by 2035 the government aims to transform the GBA region into a world-class city cluster and a global economic powerhouse driven by innovation, science and high-technology.
Founded in 1985, the School of Business of Sun Yat-sen University is one of 90 business schools in the world with triple crown accreditation (EQUIS, AACSB and AMBA) and is recognised as a prestigious and influential business school in China. The School has also become an essential base for talent development, providing quality education to professional managers and entrepreneurs in China.
To launch this momentous alliance, Macquarie Business School, in partnership with Asialink, hosted a Thought Leadership event last month to deliver expert insights on skills and talent development in the GBA as well as effective engagement and management of business opportunities in this fast-growing sector.
A memorandum of understanding (MoU) to establish the GBA Business School Alliance was officially signed by Professor Stephen Brammer, Executive Dean of Macquarie Business School and Professor Fan Wang, Dean of the School of Business, Sun Yat-sen University.