Notes on academic studies

“Regional Development in China Under the ‘Dual-Circulation’ Strategy: The Case of Guangdong-Hong Kong-Macau Greater Bay Area”

Hong Yu

Journal of Contemporary China (2023)

This article examines China’s ‘dual-circulation’ strategy, which aims to balance domestic and international economic activities, and its impact on regional development.

Focusing on the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), the study employs a SWOT analysis to assess the region’s strengths, weaknesses, opportunities, and threats.

The findings highlight the GBA’s strategic importance in fostering economic integration and innovation, while also addressing challenges such as policy coordination and regional disparities.

The article underscores the GBA’s potential to serve as a model for other city-cluster developments in China, contributing to the nation’s broader economic objectives.

“Regional Market Integration of the GBA in the Field of Cross-border Investment: Might China be Inspired by the EU?”
Dan Wei, Hong Ling Ning

Manchester Journal of international Economic Law (2023)

This paper explores the integration of regional markets in the Greater Bay Area (GBA) and draws parallels with the European Union’s approach to cross-border investment.

It analyzes the challenges and potential solutions China might adopt from EU frameworks to improve coordination and market efficiency across jurisdictions within the GBA.

The study suggests that the EU’s legal and regulatory models could serve as a valuable blueprint, particularly in balancing regional autonomy with central oversight. Emphasizing regulatory harmonization, the paper argues that China could foster greater economic cohesion in the GBA, leveraging lessons from the EU’s integration experience.

“Greater Bay Area (GBA) Importance of Hong Kong and Guangzhou”

Jean A. Berlie, Manuel Benard

Open Access Library Journal (2023)

This paper delves into the strategic significance of the Greater Bay Area (GBA), focusing on the economic, political, and cultural roles of Hong Kong and Guangzhou within the Belt and Road Initiative.

The authors emphasize Hong Kong’s robust financial systems, infrastructure, and international arbitration capabilities, positioning it as a key financial hub in Asia. The GBA’s integration of Guangdong Province with Hong Kong and Macau, under distinct legal systems, presents unique challenges but aims to enhance economic and cultural connectivity. The article also addresses the importance of international arbitration, especially for cross-border disputes, suggesting it as essential for the GBA’s successful integration and development.