Abstract
In the context of global opening and the era of the Greater Bay Area, as a strategic fulcrum of the “Belt and Road” and an important form of regional development in the Pearl River Delta (PRD), Guangdong-Hong Kong-Macao Bay Area is an institutional arrangement that is in line with China’s national conditions in the process of reform and opening up. Based on the domestic and international research results of the Bay Area, this article reviews the literature of the PRD and Guangdong-Hong Kong-Macao Bay Area, and relative researches in formation mechanism, evaluation system, development momentum, development model and so on. The current research is characterized by multidisciplinary and single content, and there are also many problems, such as emphasis on macro-economy and lack of empirical results. In the future, the focus and difficulty of the study should be the empirical analysis of micro subject within Bay Area.
Highlights
Guangdong, Hong Kong and Macao have been cooperating for a long time
Based on the domestic and international research results of the Bay Area, this article reviews the literature of the Pearl River Delta (PRD) and Guangdong-Hong Kong-Macao Bay Area, and relative researches in formation mechanism, evaluation system, development momentum, development model and so on
With regard to the successful experience of the New York Bay Area, Lei believed that the region has formulated and implemented the strategy of innovation-driven development, which has played a dual role of the government and the market
Summary
Hong Kong and Macao have been cooperating for a long time. The cooperation between the three places has been the foundation of the PRD regional development. The proposal of the Guangdong-Hong Kong-Macao Greater Bay Area marks that the cooperation of the three parts has become the national agenda, and come into a total new scope-spatial cooperation. This pattern will help to promote the sharing of opportunities between cities, and it will be significant to the regional innovation network of PRD. The development of the Greater Bay Area will reduce the spatial distance between cities and increase the efficiency of inter-city cooperation in a multi-center PRD. It’s essential to measure the sharply increasing literature on the bay area
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