Theory and Promotion Strategy of Integrated Development for the Guangdong-Hong Kong-Macao Greater Bay Area

Abstract

The Guangdong-Hong KongMacao Greater Bay Area comprises a regional economy encompassing nine cities located in the Pearl River Delta region, in addition to the two special administrative regions of Hong Kong and Macao. The process of regional economic integration within the Guangdong-Hong KongMacao Greater Bay Area traces its origins back to the commencement of China’s reform and opening up policies in 1978. It evolves from an initially spontaneous collaborative model, where front-end commercial activities are paired with rearend manufacturing facilities, to a deliberate form of collaboration underpinned by institutional interventions. This paper examines the fundamental characteristics of the regional economic integration within the Guangdong-Hong Kong-Macao Greater Bay Area. It specifically delves into an extensive analysis of the construction and development of this area. The discussion encompasses four significant theoretical and practical facets that shape the progress of the Greater Bay Area’s construction. These aspects include the synchronization of market integration within the Greater Bay Area, the harmonization of institutional frameworks, the convergence of the eastern and western sections of the Pearl River Estuary, and the amalgamation of regional innovations. Furthermore, the paper engages in an exploration of strategies designed to propel the advancement of the Greater Bay Area’s development. These strategies encompass collaborative initiatives, such as the joint development of the Shenzhen-Hong Kong adjacent region, the cooperative advancement of Hengqin Island by Zhuhai and Macao, the approach to integrating adjacent areas, and the interlock strategy aiming to connect the two pivotal urban centers of Guangzhou and Shenzhen.

Keywords

Guangdong-Hong Kong-Macao Greater Bay Area / regional integration / border region integration / GuangzhouShenzhen interlock strategy

RIGHTS & PERMISSIONS

Higher Education Press