Scholar: Guangdong-Hong Kong-Macao Greater Bay Area has more potential for future growth due to differences and complementarity between cities

　　China News Service, Guangzhou, April 19 (Reporter Yang Chengchen and Zhu Zuying) Zhang Guangnan, a professor at the Guangdong-Hong Kong-Macao Development Institute of Sun Yat-sen University, said in Guangzhou on the evening of the 19th that the differentiated development and complementary advantages between cities are the difference between the Guangdong-Hong Kong-Macao Greater Bay Area and the Guangdong-Hong Kong-Macao Greater Bay Area. The difference between other international bay areas.

　　The “Greater Bay Area, Big Future” Bay Area Story Meeting was held on the same day. Zhang Guangnan mentioned in his speech that comparing the data of major bay areas around the world, the Guangdong-Hong Kong-Macao Greater Bay Area is the largest in terms of scale and absolute value. In terms of value, relative value and structural value, the gap between cities in the region is also the largest.

"This means that the Guangdong-Hong Kong-Macao Greater Bay Area represents future growth potential."

　　As one of the engines of China's economic development, the Guangdong-Hong Kong-Macao Greater Bay Area has created approximately 13% of the country's total economic output with less than 0.6% of the land and less than 5% of the population.

Zhang Guangnan pointed out that the international bay area is mostly named after a certain city, and the Guangdong-Hong Kong-Macao Greater Bay Area is composed of the "9+2" urban agglomeration, presenting a diverse, multi-polar and multi-centric relationship.

"Therefore, the Guangdong-Hong Kong-Macao Greater Bay Area has a greater possibility of achieving complementary advantages. This will not only bring about a major boost to the industrial economy; it will also contribute to the professional service industry, especially the liberalization of the Guangdong-Hong Kong-Macao service trade involving 160 professional industries. Significantly positive."

　　Zhang Guangnan's research team ranked the cities in the Greater Bay Area and analyzed related issues.

He pointed out that the characteristics of each city in the region are unique, such as the advantages of Guangzhou, Shenzhen, and Foshan in terms of economic level, and the leading positions of Jiangmen and Zhuhai in terms of environmental indicators.

The differentiated development and complementary advantages between these cities are what distinguishes the Guangdong-Hong Kong-Macao Greater Bay Area from other international bay areas.

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