2018.06.09

"Ping’s View of the World and Yuan’s Vision of the Future" was part of the 2018 Guangdong-Hong Kong-Macao Greater Bay Area Summit Forum held at the Canton Tower on June 8, 2018, with Times China as the sponsor. At the summit, the specially invited famous economists Mr. Larry Hsien Ping Lang and Mr. Ma Guangyuan engaged in a "tactical confrontation" for the benefit of a very inquisitive audience. Moreover, they and the crowd witnessed the launch of the Guangdong-Hong Kong-Macao Greater Bay Area Strategic Layout Conference and "Times Horizon Nature Ligeance" product launch by Times China, thus sharing the future of the Chinese economy with the entrepreneurs of Guangdong, Hong Kong and Macao while "digging" for dividends in the Greater Bay Area.

Two economists candidly discuss the Greater Bay Area

As the special guests of the "Ping’s View of the World and Yuan’s Vision of the Future" event, the renowned economists Lang and Ma gave powerful speeches on the future of China's economy and the dividends of the Guangdong-Hong Kong-Macao Greater Bay Area.

Mr. Ma asserted that the Chinese people's desire for wealth is the source of the country's economic development. The Chinese economy has led the world in growth, expanding by 200 times during the past 40 years. However, the economy continues to face challenges. For the next 30 years, the fulfillment of urbanization will be the biggest dividend. The Guangdong-Hong Kong-Macao Greater Bay Area is an important model for the clustering of new urban cities in China. It might even be regarded as a 2000-year plan, when one considers "Xiong’an New Area." According to Mr. Ma, the country's greatest dividend for the past three decades has been its population, and consequently the future of China's real-estate market will ultimately depend on this factor. As for price concerns, Mr. Ma laughed and said, "I'm often asked when homes will become more affordable. I say that homes in the past are always more affordable." He believes Guangzhou's average price of RMB 30,000 isn't convincing. Then, in regard to the question of when China's housing price will decline, Ma said it will depend on whether the Chinese population drops significantly. He added that the falling range of home pricing in Guangdong isn't large because Guangdong entrepreneurs like to have more children.

The speech by Mr. Larry Hsien Ping Lang, a professor at the Chinese University of Hong Kong, paid more attention to the development of enterprises in Guangdong, Hong Kong and Macao. Through the comparison of the world's four major bay areas, he pointed out that Guangdong, Hong Kong and Macao can't simply learn from the other three bay areas. He said they must instead take their own roads. For the manufacturing industry in the Greater Bay Area, especially the difficulties in financing SMEs, Lang again called on the banks to adopt a more flexible way to support the manufacturing industry, so that the manufacturing industry of Guangdong, Hong Kong and Macao can catch their breath. Regarding the future trend in real estate, Lang asserted that urban development depends on the attraction of talents, and Guangzhou has enough attractiveness to ensure its future as a center for real-estate development.

The famous financial anchor Wang Mudi asked what the future realization path of Guangdong, Hong Kong and Macao should be, and in response the two economists had different views. Mr. Lang emphasized that "the government guides the planning and the company survives," explaining that "the planned economy isn't always a bad economy." In turn, Mr. Ma Guangyuan insisted that the beauty of Guangdong, Hong Kong and Macao lies in nature and "naturalness," saying that every city develops independently, whereby the right path is to seek integration.

Strategies of Times China for the Greater Bay Area: origin, deep cultivation, strategic focus

Mr. Chen Yingfei, assistant president of Times China Group, stated in his remarks at the project launch that General-Secretary Xi Jinping had characterized the Guangdong-Hong Kong-Macao Greater Bay Area as world-class as a bay area and urban agglomeration. Times China regards the Greater Bay Area as its birthplace, so the Bay is also its base and strategic area. Compared with the valuable prospects of the world's three great bay areas, the Guangdong-Hong Kong-Macao Greater Bay Area will witness dramatic growth in real-estate value. Thus, a new mission should be shouldered in a new era. Times China will take the Fortune 500 as its goal and expand its business based on new positioning as an "urban development service provider." The organization will keep pace with the construction of the Bay Area, lending its remarkable expertise to urban development and industrial upgrading.

Times Horizon Nature Ligeance, a core asset of China's most beautiful bay area

Mr. Chen Chang, deputy general manager of regional marketing of Guangzhou Branch (East) of Times China Group, pointed out in his speech that the Guangdong-Hong Kong-Macao Greater Bay Area is a powerhouse for the entire country. As a key project of the Guangdong-Hong Kong-Macao Greater Bay Area and Guangzhou-Shenzhen Science and Technology Innovation Corridor, Sino-Singapore Guangzhou Knowledge City will be upgraded to a national-level bilateral cooperation project with a total investment exceeding RMB 100 billion.

Additionally, he noted that, if Sino-Singapore Knowledge City is an eye-catching crown, then Times Horizon is the brightest pearl in the crown. Times Horizon (Guangzhou) enjoys many of the dividends of transportation, industry and supporting facilities of Sino-Singapore Knowledge City and has the most important landscape value of Sino-Singapore Knowledge City--Fenghuanghu Mountain. Moreover, it's the only residential project with a southerly view of Fenghuanghu.

Nature Ligeance and Fenghuanghu are seamlessly connected as a new combination located in the core area, with a panoramic view of 300,000 m2 of beautiful scenery. The thousand-meter sheltered corridor employs a vertical landscape design. With triple home lobbies and a planned building-to-building distance of 100 meters, the property is in perfect harmony with Fenghuanghu.

Steven Holl, an internationally renowned architect, once said, "The value of a luxury home, hidden in its core, is its relationship with the city. Only those areas that can enjoy both natural resources and urban background are real, modern luxury homes." Time Horizon Nature Ligeance is the core city asset created by Times China in the most beautiful expression of that thinking in the Guangdong-Hong Kong-Macao Bay Area.

The world's top designers worked with Times China in creating a warm space

Mr. Gu Teng, the first Chinese designer ever to receive the German iF Design Award and the founder of Or, explained his unique insights into the future home and lifestyle. Mr. Gu said he believes a beautiful design comes from the inner intuition. As an overall space, the home should let the occupants reflect their own attitudes toward life as they create their own temperaments and habits.

As another classic of Times China, Times Horizon adheres to the aesthetic concept of "life stylist" and applies the latest Chinese maximum decoration standards of Times China, embodying the aesthetics of life in elegant living spaces. Moreover, it's cooperating with Times Horizon for the first time and will soon launch a new exhibition space designed to provide the ultimate experience, integrating spaces for people and home products.

Witness Times Horizon Nature Ligeance developed by Times China: reaching the top of a new era together

The brainstorming session with two noted economists encouraged the guests' anticipation regarding China's economic prospects, particularly with the knowledge that urbanization is the primary challenge. The question of how to integrate habitation with the bright future of the city is one that every builder must answer. However, the initiation of any classic residential project always brings forth a significant degree of benchmarking.

The most exciting moment of the Summit was to witness the appearance of "Times Horizon Nature Ligeance" on Canton Tower, initiated by the two Chinese economists and the senior leaders of Times China at the summit. As one of the brightest, most noteworthy projects of Times China in the Greater Bay Area, Times Horizon officially debuted in the Guangdong-Hong Kong-Macao Greater Bay Area.

The increase of urban value will inevitably lead to a rise in asset values. As the "world's master Asian cover," Times Horizon Nature Ligeance will take the construction of a wealth circle in the Greater Bay Area as its ultimate goal, reallocating the urban core assets for entrepreneurs in Guangdong, Hong Kong and Macao.