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International Journal of Frontiers in Sociology, 2021, 3(4); doi: 10.25236/IJFS.2021.030407.

A Study on the Impact of Liberalization of Trade in Services in the Guangdong-Hong Kong-Macao Greater Bay Area on Guangdong's Economy

Author(s)

Yumei Nie, Nan Chen

Corresponding Author:
Nan Chen
Affiliation(s)

Zhanjiang University of Science and Technology Zhanjiang, China

Abstract

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is composed of two special administrative regions of Hong Kong and Macao in China and nine cities in the Pearl River Delta. At present, the Guangdong-Hong Kong-Macao Greater Bay Area is one of the regions with the highest degree of openness and the strongest economic vitality in China, and has an important position in the development of China. To further realize the development of the Guangdong-Hong Kong-Macao Greater Bay Area, the Ministry of Commerce has introduced a number of policies prompting the liberalization of trade in services in the Guangdong-Hong Kong-Macao Greater Bay Area, and Guangdong Province, as one of the core components of the Guangdong-Hong Kong-Macao Greater Bay Area, the development of the liberalization of trade in services in the Guangdong-Hong Kong-Macao Greater Bay Area will have an important impact on the economy of Guangdong.

Keywords

Guangdong-Hong Kong-Macao Greater Bay Area; Trade liberalization; Problems and policy suggestions

Cite This Paper

Yumei Nie, Nan Chen. A Study on the Impact of Liberalization of Trade in Services in the Guangdong-Hong Kong-Macao Greater Bay Area on Guangdong's Economy. International Journal of Frontiers in Sociology (2021), Vol. 3, Issue 4: 27-31. https://doi.org/10.25236/IJFS.2021.030407.

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