Research on the Integrated Development of the Guangdong-Hong Kong-Macao Greater Bay Area: Current Situation, Problems, and Countermeasures

Abstract

The Guangdong-Hong KongMacao Greater Bay Area (the Greater Bay Area, the GBA) aims to facilitate in-depth cooperation among the Guangdong, Hong Kong, and Macao regions to create a worldclass bay area-based urban agglomeration. This endeavor seeks to guide China’s economy toward high-quality development and comprehensive opening-up. This paper examines the challenges and obstacles faced by Guangdong, Hong Kong, and Macao regarding regional coordinated development, thus putting forward the following standpoints. It proposes enhancing infrastructure interconnectivity to establish the GBA 1-hour Express Traffic Circle, thereby driving the construction of a worldclass international shipping and logistics hub. Furthermore, the paper advocates for establishing an industrial collaborative development system in the GBA, jointly creating a pilot zone for industrial transformation and upgrading, and further advancing market integration. Creating an international innovation corridor and innovation center for science and technology (S&T) industry is also essential. This initiative would center around critical sectors, improving S&T innovation chain, and building a talent cooperation demonstration zone. The paper also emphasizes the establishment of a transport and logistics hub for the Belt and Road Initiative, along with the joint development of a cultural, economic, and trade exchange platform under the “Belt and Road” framework. Leveraging the comparative advantages of the three regions, the paper underscores the importance of innovative collaboration models, fostering a mutually beneficial and complementary mechanism for synergistic development. These approaches aim to realize the integrated and innovative development of the GBA.

Keywords

Guangdong-Hong Kong-Macao Greater Bay Area (GBA) / world-class urban agglomeration / high-quality development

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