According to the China Centre for International Economic Exchanges, the GDP of the Greater Bay Area will reach US$4.62 trillion by 2030.

Shenzhen is the technology and innovation hub and one of China's cross-border e-commerce pilot cities. In 2019, Shenzhen's GDP reached 269.3 billion CNY, and it continues to be the largest economic aggregate in the Guangdong-Hong Kong-Macao Greater Bay Area.

There are more than 2,600 cosmetics enterprises based in Guangdong, taking up 55% of the country's industry and contributing to the majority of China's beauty and personal care sales. 

More than 20,000 beauty salons are registered in Shenzhen and some of them are managing their headquarters or purchasing department in Shenzhen.

There are over 2,000 beauty product distributors and sole agents who have been established in the city and become a agglomeration zone.