The Greater Bay Area and the Role of Hong Kong and Macau SARs in the Belt and Road Initiative

  • Jean A. Berlie
  • Steven Hung
Part of the Politics and Development of Contemporary China book series (PDCC)


Mainland China, the Hong Kong and Macau Special Administrative Regions (SARs) of China are involved in the global projects called the Belt and Road Initiative and the Greater Bay Area (GBA). Finance, economy and infrastructure are at the forefront of Hong Kong’s sectors. Its financial system is well regulated in many areas.

The urban population of the GBA is growing, and with the development of the Belt and Road Initiative many cities in the Guangzhou-Hong Kong-Macau triangle will be linked. Hong Kong, since decades is the world’s freest economy, see the 2019 index of economic freedom, and Macau is also a free economy. Hong Kong has a key role—already fully implemented by President Xi Jinping and Hong Kong’s Chief Executive Carrie Lam—for the development of the Greater Bay Area which became promoted with the symbolic and quite extraordinary new giant bridge linking Hong Kong with Zhuhai and Macau (Macau, Ponte HK-Zhuhai-Macau, Serie IV, Nr 63, 2018). Already Hong Kong and Shenzhen have merged into one block virtually separated only by the law until 2047. Similar interconnections link Macau and Zhuhai. The Hong Kong Basic Law does not allow the fusion of the two cities, but now the name Greater Bay Area links them and had changed something. It shows the beginning of a future fusion out of the legal system. Foreign Direct Investment (FDI) is one of the most important factors of economic and financial development of China’s globalization. Certainly, the Greater Bay Area will contribute to the development of the Belt and Road Initiative in the future. The major function of the Greater Bay Area is to expand the role of Hong Kong, Macau and the Province of Guangdong to develop the Belt and Road Initiative; this was clearly mentioned by the Chief Executive of Hong Kong SAR, Carrie Lam Cheng Yuet-ngor. Macau is a historical tourist center and was before 2014 the first casino city of the world.


Belt and Road Development Foreign Direct Investment (FDI) Greater Bay Area Guangzhou HK-Zhuhai-Macau Bridge 


  1. Appadurai, Arjun, ed. 2001. Globalization. London: Duke University Press.Google Scholar
  2. Beck, Ulrich. 2000. What Is Globalization? Cambridge: Cambridge University Press.Google Scholar
  3. Berlie, Jean A. 2012. The Chinese of Macau: A Decade After the Handover. Hong Kong: Proverse.Google Scholar
  4. Cheang, Miles, et al. 2008. Transportation Investment in Rapidly Urbanizing China: Best Practices for Supporting Balanced Regional Economic Returns. In Transportation and Development Innovative Best Practices 2008: Proceedings of the First International Symposium Beijing, ed. Louis F. Cohn, 27–32. Reston: ASCE.CrossRefGoogle Scholar
  5. Chen Li. 2015. China’s Centralized Industrial Order: Industrial Reform and the Rise of Centrally Controlled Big Business. London and New York: Routledge.Google Scholar
  6. Feasel, Edward M. 2018. Challenges Confronting Globalization. In Exports, Trade Policy and Economic Growth in Eras of Globalization, ed. E.M. Feasel, 190–213. London and New York: Routledge.CrossRefGoogle Scholar
  7. Greater Bay Area (GBA): (The) Greater Bay Area. 2017. Accessed October 12, 2018.; Greater Bay Area 2014–2018: Craig Shute. 2014. Hong Kong’s Stepped-Up Integration with Pearl River Delta (Greater Bay Area). South China Morning Post, October 24, 2014.
  8. Gunn, Geoffrey C. 2012. Foreword. In The Chinese of Macau: A Decade After the Handover, ed. J.A. Berlie, 11–30. Hong Kong: Proverse.Google Scholar
  9. Guo, Shiping, ed. 2018. Yuegangao dawanqu. Guihua he quanqiu dingwei (Guangdong Hong Kong Macau Greater Bay Area. Project and Global Perspective). Guangzhou: SPM.Google Scholar
  10. Index of Economic Freedom. 2019. [PDF]. Accessed February 1, 2019.
  11. Kenwood, A., and A. Lougheerd. 1971. The Growth of the International Economy 1820–1960. Albany, NY: State University of New York Press.Google Scholar
  12. Lam, Jermain. June 2002. Globalization and Fiscal Management in Hong Kong. New Zealand Journal of Asian Studies 4–1, 62–83. Accessed January 28, 2019.
  13. Lin, George C.S. 1997. Red Capitalism in South China: Growth and Development of the Pearl River Delta. Vancouver: UBC Press.Google Scholar
  14. Macau. Agosto 2018. Ponte HK-Zhuhai-Macau, Serie IV, Nr 63.Google Scholar
  15. Shenzhen. 2018. Accessed October 23, 2018.
  16. Tong Io Cheng. 2012. The Basic Law and the Chinese of Macau. In The Chinese of Macau a Decade After the Handover, ed. J.A. Berlie, 66–84. Hong Kong: Proverse.Google Scholar
  17. Verdict. 2018. Accessed October 25, 2018.
  18. Zhang, Q., and B. Felmingham. 2002. The Role of FDI, Exports and Spillover Effects in the Regional Development of China. The Journal of Development Studies 38 (4): 157–178.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2020

Authors and Affiliations

  • Jean A. Berlie
    • 1
  • Steven Hung
    • 1
  1. 1.The Education University of Hong KongTai PoHong Kong

Personalised recommendations