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Major economic benifits in Special Bay Area

Update Date:2019-7-3 17:49:18     Source:www.3737580.com     Views:306

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All of China , in order to amke contrubution to "One Belt One Road" initiative. So all the ecobomic zones will promoto and develop to the polictics. We all know the Guangdong-Hong Kong-Macao area has the highest density of harbor and airport clusters in the world. If the bay area develops steadily, it could potentially threaten the position of the world's three existing bay areas.Building Silk Road Economic Belt and 21st-Century Maritime Silk Road" was issued by the National Development and Reform Commission, Ministry of Foreign Affairs, and Ministry of Commerce. It proposed building a Guangdong-Hong Kong-Macao Big Bay Area. 

 

This will involve a role for mainland's economic cooperation zones, including Qianhai in Shenzhen, Nansha in Guangzhou, and Hengqin in Zhuhai. It will also allow lead to greater cooperation between mainland, Macao and Hong Kong.
  

This is one of the key strategies under the "One Belt One Road" initiative. The central government has provided Hong Kong with a wonderful opportunity to play a major role in this.Those who follow global economic developments might know that bay area economies were a prominent feature of economic development after the World War II. A bay area comprises a number of geographically adjacent coastal cities. To avoid fierce competition, these neighboring cities make full use of their respective advantages and complement one another.

 

 

The core value of a bay area is cooperation. The most significant point when building a world-class bay area is to avoid disorderly competition among intra-bay cities. Otherwise, the individual strengths of each city might be impaired. The bay area should act collectively as a whole and compete with outside economies. This will not be easy. A great deal of research, negotiation and coordination are needed.Guangdong province, Hong Kong and Macao are very three different administrative regions - they share "one country" but are also divided into "two systems".

 

At present, Qianhai, Hengqin and Nansha have all been announced free-trade zone, and the ongoing Guangdong-Hong Kong-Macao free-trade zone also enjoys the privilege of being a pilot project. In recent years, the central government has supported the three sides to develop according to their own unique features. It supports Hong Kong remaining an international center for finance, trading, shipping, logistics and high value-added services and Macao staying an international leisure tourism center. 

 

The Qianhai special economic zone is connected with the other Special Bay Areas , they will be the importantc roles to be the pillar and important places to make progress for China's economy.

 

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