The Greater Bay Area as an Economic Powerhouse:  :

Liyan Cao; Mohd Farid Shamsudin

Liyan Cao School of Management Engineering, Guangdong Polytechnique of Science and Technology https://orcid.org/0009-0003-7145-4456
Mohd Farid Shamsudin Business School Universiti Kuala Lumpur https://orcid.org/0000-0002-6005-6423

Keywords: Guangdong-Hong Kong-Macao Greater Bay Area (GBA), Belt and Road Initiative (BRI), Economic Integration, Innovation Hub, Financial Services, Environmental Sustainability

Abstract

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is a key economic region within China's Belt and Road Initiative (BRI), driving regional integration, innovation, and global connectivity. This paper critically examines the GBA's economic significance, highlighting its role in fostering technological advancements, financial integration, and international trade. The analysis reveals the strengths of the GBA, including its unique blend of high-tech industries, robust financial services, and advanced manufacturing, which collectively enhance China's economic resilience and global competitiveness. However, the paper also identifies significant challenges, including regulatory fragmentation, socio-political complexities, and environmental sustainability issues that hinder the GBA's seamless integration and long-term growth. The findings emphasize the need for a holistic approach to address these challenges, integrating economic, environmental, and social dimensions into the GBA's development strategy. Effective policy coordination, regulatory harmonization, and sustainability measures are essential for enhancing the GBA's role as a sustainable and inclusive economic powerhouse. The implications of this study are significant for policymakers and researchers, highlighting the importance of targeted reforms and further research on regulatory, socio-political, and environmental impacts. Addressing these critical gaps will strengthen the GBA's position within the BRI and provide a model for other regional economic zones aspiring to achieve similar success in driving sustainable and inclusive growth.

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Author Biographies

Liyan Cao, School of Management Engineering, Guangdong Polytechnique of Science and Technology

Liyan Cao is an Associate Professor at Guangdong Polytechnic of Science and Technology, where she brings extensive expertise in the fields of innovation management, science and technology management, public management, and the creative economy. She earned her Doctor of Philosophy in Management from the Universiti of Kuala Lumpur, further solidifying her academic foundation and research capabilities. In addition to her academic role, Dr. Cao serves as a Senior Science & Technology Consultant, contributing her knowledge and experience to various projects and initiatives. Her major research areas focus on the dynamic interplay between innovation and management, exploring how technological advancements can be effectively managed and utilized within public and creative sectors. Through her work, Dr. Cao aims to foster sustainable development and drive forward-thinking strategies in both academia and industry

Mohd Farid Shamsudin, Business School Universiti Kuala Lumpur

ssociate Professor Mohd Farid Shamsudin is an accomplished academic with extensive experience in management and marketing. He has a solid background in both the banking and telecommunication industries. Mohd Farid spent almost eight years working in various financial institutions, where he focused on credit controls. He then moved on to Celcom Axiata Malaysia, one of Malaysia's leading mobile telecommunications companies, where he spent 16 years primarily involved in customer services, marketing, and sales. Mohd Farid's academic journey started with a Bachelor's degree in Management from Multi Media University. He then earned a Master's in Business Administration from the International Islamic University Malaysia, specializing in strategic management. He completed his doctoral degree in Business Administration from Universiti Utara Malaysia (UUM) in 2012. In 2014, Mohd Farid joined Universiti Kuala Lumpur as a Senior Lecturer. Currently, he is the head of the research and innovation unit for the business school. He is also recognized for his excellence in supervising postgraduate students, having successfully graduated with 40 students in PhD and Master's by research. Mohd Farid is an active reviewer for journals, book writers and editors, as well as module writers. Besides, he is also a Certified Marketer Asia and an exco member of the Institut Marketing Malaysia. He teaches a wide range of management and marketing-based subjects. Mohd Farid is a certified Trainer and NLP (Neuro-Linguistic Programming) practitioner, further enhancing his expertise in teaching and guiding individuals to achieve their full potential. His passion for education and training has enabled him to provide valuable insights and coaching to students and professionals alike, making him a highly sought-after mentor in his field. He is committed to fostering innovation and academic excellence in his students. His colleagues and peers in the academic community highly regard him

The Greater Bay Area as an Economic Powerhouse:

A Critical Assessment of Integration, Innovation, and Sustainability Challenges

Abstract

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