Research on the Chinese Characteristics and Development Path of Guangdong-Hong Kong-Macao Greater Bay Area

摘要

The report of the 19th National Congress of CPC clearly stated the construction strategy and policy arrangements for the Guangdong-Hong Kong-Macao Greater Bay Area. Compared with other international famous bay area economies, the Greater Bay Area has distinct Chinese characteristics, including the cross-border cooperation under the institutional framework of "two systems and three zones", the multi-level governance under the condition of "one country and two systems" and the multi-center pattern in regional economic development. The Guangdong-Hong Kong-Macao Greater Bay Area has huge development advantages in aspects of intellectual support, economic foundation and location characteristics, but also has certain shortcomings in aspects of soft environment construction and the integration of administrative systems. The construction of the Greater Bay Area can be strengthened by top-level design and planning, integrating regional resources, creating innovative and entrepreneurial bases, and promoting the connection between institutional mechanism and institutions to realize rational flow and mutual-benefit sharing of resource elements and boost the long-term sustainable development economy in the bay area.