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| Development of Foreign Bay Areas and its Implication to China |
| LIN Gong-qin1, XU Guang-lin2 |
1. Research Center of Hong Kong and Macao, Qinghua University, Shenzhen, Guangdong, 518000;
2. College of Management, Inner Mongolia University of Technology, Hohhot, Inner Mongolia, 010051 |
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Abstract In the context of new pattern of global economic opening, Guangdong, Hong Kong and Macau Great Bay Area, as the strategic pivot of “one belt and one road” and important form of economic development of Pearl River Delta, is an institutional arrangement suitable for our national situation in the reform and opening course. It is a strategic task to be solved urgently that how to make the economy in the bay area lead the economic globalization of China. Compared with several world famous bay areas, as the important growth pole of regional economy, they all play very important roles in the economic development process of their own countries. The complete assorting system, efficient resource allocation capacity, strong aggregation and overflow function, developed international interpersonal network and liveable and industry-friendly urban environment provide all-around referential experience for the development of Guangdong, Hong Kong and Macau Great Bay Area. The development of Guangdong ,Hong Kong and Macau Great Bay Area needs to strengthen the aggregation force of the bay area and implement the regional coordinated development strategy so as to realize integration guarantee system of rule, law and people and cultural exchange, enhance the quality of ecotope, collect international financing capital and talent and finally promote sustainable development of regional economy.
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Received: 22 August 2017
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2017, Vol. 34 
