Abstract
The construction of urban agglomeration and regional economic integration have become a new trend of regional economic development in China. Bay area economy is an important force to drive regional development and lead technological innovation. Guangdong-Hong Kong-Macau Greater Bay Area arises at the historic moment. By analyzing the demonstration effect of the experience and characteristics of the construction of the international three major bay areas on the construction of Guangdong-Hong Kong-Macau Greater Bay Area, this paper analyzes the characteristics and advantages of Guangdong-Hong Kong-Macau Greater Bay Area in the process of development, and puts forward the main measures to promote the economic development of Guangdong in the new era.
Highlights
The development of Guangdong-Hong Kong-Macau Greater Bay Area has been brewing for more than 10 years, and the concept was formally put forward in 2015
On February 18,2009, the CPC Central Committee and the State Council formally issued the outline of GuangdongHong Kong-Macau Greater Bay Area's Development Plan, marking the full implementation of Guangdong-Hong Kong-Macau Greater Bay Area's national strategy and Guangdong-Hong Kong-Macau Greater Bay Area's official launch
San Francisco Bay Area gathered a group of famous American institutions of higher learning and research institutions, more than 1 million scientific and technological personnel from all over the world, the emergence of Google, Apple, Intel and other high-tech enterprises
Summary
The development of Guangdong-Hong Kong-Macau Greater Bay Area has been brewing for more than 10 years, and the concept was formally put forward in 2015. With a total population of about 70 million at the end of 2017, the GDP of the region in 2017 was 101,843 trillion yuan (RMB), exceeding 10 trillion yuan (RMB) for the first time, accounting for 0.59% of the country's land and 4.89% of the population It has created 13% of the total economic output of the whole country (including Hong Kong and Macao), and it is one of the regions with the highest degree of openness and the strongest economic vitality in China. San Francisco Bay Area gathered a group of famous American institutions of higher learning and research institutions, more than 1 million scientific and technological personnel from all over the world, the emergence of Google, Apple, Intel and other high-tech enterprises. World's largest New York Stock Exchange by market value and the third-largest Nasdaq Stock Exchange by market value, with six of the seven largest banks in the United States
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