What Is The Most Serious Challenge Facing The Big Bay Area Of Guangdong, Hong Kong And Macau?

The Great Bay area of Guangdong, Hong Kong and Macao has been promoted in two different political systems. There are significant differences between Guangdong and Hong Kong and Macao in terms of economic mode and legal system.

Moreover, there are two independent customs areas in Guangdong and Macao, and three separate customs areas under the customs territory of the mainland.

Therefore, in order to ensure that the basic system of "one country, two systems" is stable, undistorted and not out of shape, it is the most severe challenge for Guangdong, Hongkong and Macau to realize the organic docking of the economic mode between Hong Kong and Macao, the free flow of resource elements and the parallel structure of administrative management.

According to the new concept of "big bay area of Guangdong, Hongkong and Macau" in this year's "government work report", the national development and Reform Commission is mobilizing the best troops to plan the urban agglomeration of Guangdong, Hong Kong and Macau.

At the same time, the two sides of the central government will push forward, and then merge into a top-level design plan for the big bay area of Guangdong, Hong Kong and Macao.

The Chinese economy will usher in the new character and strong lineup of the bay area economy, which is enchanting and inclusive.

The bay area is a region consisting of a bay or a number of connected harbours, harbors and adjacent islands.

According to world bank data, 60% of the world's total economic output is concentrated in the bay area.

The economic effect derived from the geographical position of the bay area is known as the "bay area economy".

As an important part of the bay area, the port and the city play a tie and radiation role.

Therefore, the bay area economy can be regarded as the coastal economy.

A unique economic form, which is highly integrated with urban economy and network economy, is a unique economic pattern of coastal trade, urban business circle and the geographical form of bay area.

Looking around the world today, there are thousands of famous Gulf, and the bay area economy has become the main trend of regional economic development.

However, in the world economic map, the bay area economy, which truly forms a powerful resource gathering effect and radiation traction energy and eventually upgraded to a national political, economic, financial, trade or technological innovation center, is rare. The most famous ones are only three Bay areas, namely the New York Bay area of the United States, the San Francisco Bay area and the Tokyo Bay area of Japan.

The bay area of New York is the bay area economy which occupies the absolute leading position in the modern service industry. The San Francisco Bay area is the bay area economy which occupies the absolute leading position in the scientific and technological innovation. The Tokyo Bay area is the bay area economy which occupies the absolute leading position in the advanced manufacturing industry.

The big bay area of Guangdong, Hong Kong and Macau is the "fourth pole" of the global Bay area economy.

Statistics show that the area of 56 thousand and 500 km in Guangdong, Hongkong and Macau covers nine cities in Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, and two special administrative regions in Hong Kong and Macao. The population is 67 million 650 thousand, the total economic volume exceeds 1 trillion and 400 billion dollars, and the total foreign trade is more than 1 trillion and 800 billion US dollars.

Take the Pearl rim Jiangwan area as the core, including the outer bay area of Dapeng Bay and Dayawan, and the big bay area of Guangdong, Hongkong and Macau has three major world-class ports such as Hongkong port, Shenzhen port, Guangzhou port and Dongguan's port and Zhuhai port. The world's largest city lineage is composed of Hongkong, Guangzhou and Shenzhen, as well as the urban cluster of "A shaped structure", which is located at the eastern wing of the city, with the apex, the west wing, the west wing, the Yau, the Dun and the East.

In addition, starting from the Tai Wan area of Guangdong, Hongkong and Macau, the East is the Economic Zone on the west side of the Straits, and the Beibu Gulf Economic Zone to the West. The north is Hunan, Jiangxi and the vast central cities of China.

Taking the bay area of Guangdong, Hongkong and Macau as the core and taking the Xiamen Bay Area as the eastern wing and the northern Bay Area as the west wing, the development trend of "one core leading and two wings flying together" can be formed, and the economic development of Jiangxi, Hunan, Guizhou, Yunnan and Sichuan will be promoted.

The big bay area of Guangdong, Hong Kong and Macau has already formed different industrial clusters, including the high-end industrial clusters such as communications and electronic information industry, new energy vehicles, UAVs, robots, and petrochemical industry.

At the same time, driven by multiple forces such as Hongkong's financial services, shipping services, Macao's tourism services, cultural and creative services and Shenzhen Hong Kong modern service comprehensive demonstration zone, the three industries in Guangdong Bay Hong Kong Macau area accounted for more than 80% industries, thus forming a two wheel drive industrial system of advanced manufacturing and modern service industries.

As a follow-up support for the economy, there are many well-known international or domestic universities in Hongkong and Guangzhou, which have 8 state-level high-tech parks and 16 863 bases. The R & D expenditure accounts for 2.7% of the GDP ratio and keeps pace with the United States and Germany.

In addition, with the deep panicle as the main axis, the high-speed rail network, the light rail network and the subway network in Guangdong, Hongkong and Macau are connected into a rail pit network, and the "one hour living circle in the Great Pearl River Delta" is accelerating.

At the same time, the high accessibility pport infrastructure such as the Eurasian Continental Bridge and the ongoing Hong Kong Zhuhai Macao Bridge can achieve cross-border seamless integration between Hong Kong and Macao and other cities in the bay area.

Compared with the famous Bay area economy in Guangdong Province, the Great Bay area of Guangdong, Hongkong and Macau is promoted in two different political systems. There are significant differences between Guangdong and Hong Kong and Macao in terms of economic mode, legal system and so on. Besides, there are three separate customs areas in Guangdong, Hongkong and Macau, and two separate customs areas, and under the inland customs area.

Therefore, in order to ensure that the basic system of "one country, two systems" is stable, undistorted and not out of shape, it is the most severe challenge for Guangdong, Hongkong and Macau to realize the organic docking of the economic mode between Hong Kong and Macao, the free flow of resource elements and the parallel structure of administrative management.

Another important feature that distinguishes itself from the world-famous Bay area economy is that the former is named after a central city, but the big bay area of Guangdong, Hong Kong and Macao has not highlighted any city.

Therefore, who will become the leader of the Bay Area in Hongkong, Guangzhou and Shenzhen is especially concerned.

Fair evaluation shows that all three areas have long term advantages, but none of them has an overwhelming advantage.

Hongkong is an international financial center. Guangzhou has far-reaching political and cultural influence, and Shenzhen's technological innovation can win the lead.

Obviously, the three cities have their own advantages. It is hard to say who will play the "locomotive" in the big bay area of Guangdong, Hong Kong and Macao.

It is also worth thinking about from CEPA.

"Macao's Closer Economic Partnership Arrangement" and supplementary agreements to build a free trade pilot area in Nansha, Qianhai and Hengqin. The high level has always been a holistic design of the Pearl River Delta as a whole, hoping to create a stronger regional plate power to drive the economic expansion of the inland hinterland.

Now this idea may be reproduced on the big bay area of Guangdong, Hong Kong and Macao.

On the one hand, let the Pearl River Delta learn from the experience of Hong Kong and Macao in developing the service industry through the construction of the bay area; on the other hand, let Hong Kong and Macao better connect the mainland market and acquire new energy for economic development.

At the same time, the concept of big bay area in Guangdong, Hong Kong and Macau is designed to form a larger caliber International Open camp, not only to satisfy the pulling effect of the inland hinterland economy.

Based on this, aiming at the grand map of Hongkong, Guangzhou and Shenzhen, we should accurately and well do our own advantages, namely, Hongkong highlights the function of the international financial center, Guangzhou highlights the role of trade hub, Shenzhen highlights the role of science and technology innovation, and the three places coordinate development in the dislocation competition to create the bay area economic mode with Chinese characteristics.

China is one of the longest coastline countries in the world. There are more than 200 Gulf Areas with an area of more than 5 square kilometers. The Hangzhou Bay area, the Pearl River mouth Bay area and the Bohai Bay area have become the three largest engines of our economy.

Because of this, the Tai Wan District of Guangdong, Hong Kong and Macau may be just an experimental field. There will not be only one bay area economy in the future.

It is also necessary to emphasize that the big bay area of Guangdong, Hong Kong and Macau is still at the conceptual level. New York has been exploring for 80 years before and after the Tai Wan district. The Tai Wan District of Tokyo has gone through 50 twists and turns. The grand vision of the Great Bay area of Guangdong, Hong Kong and Macao naturally needs the persevering efforts of several generations.

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