A Study on the Role of Guangdong-Hong Kong-Macao Greater Bay Area Based on the Belt and Road Initiative
Journal Title: Journal of Economics and Business - Year 2019, Vol 2, Issue 3
Abstract
China’s Belt and Road Initiative aims at enhancing economic connectivity and cooperation between China and neighboring countries, and promote common prosperity. Guangdong is one of the leading economic regions of mainland China. Based on the guidance of the national policy, Guangdong-Hong Kong-Macao Greater Bay Area plays its role in the construction of the Belt and Road with its strong economic foundation, unique geographical location, complete infrastructure and industrial base, convenient transportation, and global financial center status. From the perspective of the dominant competitive advantage index, this paper analyzes the competition and trade cooperation in Guangdong-Hong Kong-Macao Greater Bay Area on the basis of the Belt and Road Initiative. In addition, this paper summarizes the current situation of investment and finances of Guangdong-Hong Kong-Macao Greater Bay Area in Belt and Road Initiative and presents strategies on how to play the role of the Guangdong-Hong Kong-Macao Greater Bay Area in the Belt and Road Initiative.
Authors and Affiliations
Xuejun Lin, Dian Chen, Jiaxu Han, Ting Chen, Chuling Li
Keywords
Related Articles
- EP ID EP646506
- DOI 10.31014/aior.1992.02.03.122
- Views 77
- Downloads 0
Trust, Perception of Service Climate, and Voluntary Cooperation
Trust is based on the taxpayer’s belief that the tax authority is competent, pursues relevant goals, and give support to the taxpayers. Trust leads to good perception of service climate and voluntary cooperation. This st...
The Accounting Standardization System for Public Administrations and the Impact of their Adoption on Higher Education in Portugal
The Accounting Standardization System for Public Administrations (SNCAP) was approved by Decree-Law no. 192/2015 (DL) of September 11 and constitutes the new accounting system for public administrations. With the approva...
Implications of Daily Market Statistics on Daily Stock Market Index: Empirical Evidence from Colombo Stock Exchange
This study examined the implications of stock market statistics on share price index, using daily data for the period from 1/03/1994 to 9/28/2018 (5932 Observations) on the Colombo Stock Exchange (CSE). The main objectiv...
An Analysis of Quality Human Resource Management (HRM) Practices in Bangladesh Ready-Made Garments Sector
Bangladesh Ready-Made Garments (RMG) had grown significantly over the last decades in every term but unfortunately quality of locally produced goods is still an issue. According to BGMEA report (2014) RMG consists around...
Effect of Crude Oil Prices on GDP Growth and Selected Macroeconomic Variables in Kenya
Crude oil is one of the primary drivers of economic growth and a key ingredient to sustainable development. It is therefore vital that oil products be efficiently and competitively priced to accelerate economic growth. R...