On July 21, CCPIT held an online seminar themed “the Significance and Relevant Suggestions on the Construction of the Guangdong-Hong Kong-Macao Greater Bay Area” to discuss how to promote the high-quality development of the Greater Bay Area and continuously develop the structure of “one country, two systems”.
Su qilin, Professor at Jinan University, Wu Yanni, Researcher of Shenzhen Academy of Social Sciences, Zhang Jianping, Director General of Center for Regional Economic Cooperation of Chinese Academy of International Trade and Economic Cooperation, MOFCOM, Zhang Xiaotao, Dean of the School of International Economics and Trade at the Central University of Finance and Economics and other experts and scholars attended the seminar. The topics covered include building the Greater Bay Area into a comprehensive science and innovation center, establishing a modern financial supervision system, the significance of building the Greater Bay Area and direction of its future development.
Experts attending the Seminar believed that the Greater Bay Area is at the forefront of China's reform and opening up, and it leads the country in terms of marketization and internationalization. The construction of the Greater Bay Area is of great significance for China to build the world-class city group, shape new global competitiveness and new international comparative advantages, and support the construction of “One Belt and One Road”. It also plays an important role in promoting China's economic transformation and upgrading.
Experts said that the Greater Bay Area is the most developed international supply chain industrial cluster in China. With the deepening of globalization, the simple processing trade or general processing of primary products have become increasingly difficult to meet the needs of the Greater Bay Area to develop. At this moment, it may become an important choice for the future development to build the Greater Bay Area into a global scientific and technological innovation center and establish a modern financial supervision system.
Experts suggested that the competitiveness and development level of the Greater Bay Area can be further enhanced by removing regional barriers between Guangdong, Hongkong and Macau to promote the flow of capital, talents, technology and other factors.