Study on the Guangdong-Hong Kong-Macao Greater Bay Area

Abstract

The formation of the urban agglomeration of Guangdong-Hong Kong-Macao Greater Bay Area is the result of the accumulation of reform and opening up in the past 40 years. It is the natural choice for China to move from policy opening to institutional opening, and is also the inevitable path from an export-oriented economy to an open economy. Studying regional economic competitiveness is conducive to people’s understanding of the basic conditions and characteristics of regional economic development, and through the objective assessment of regional economy, to find problems and take countermeasures to promote the sustainable and healthy development of the regional economy. The characteristics and advantages of the Guangdong-Hong Kong-Macao Greater Bay Area, the difficulties and bottlenecks in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, conclusions and recommendations are carried out in a comprehensive analysis of the Guangdong-Hong Kong-Macao Greater Bay Area. Finally, based on the results, the proposed policy recommendations are proposed from three aspects: system, technology, industry and talents. Firstly, targeting the world’s leading Bay Area, coordinating the development of the Guangdong-Hong Kong-Macao Greater Bay Area; secondly, enhancing investment in science and technology to create a “Bay of Innovation” in the Guangdong-Hong Kong-Macao Greater Bay Area; thirdly, coordinating industrial layout and industrial development. Finally, building up the Bay Areas of Talents by training and introducing, accumulating the global high-end talent resources.