Peng Peng, vice president of the Guangdong Institute of System Reform and a senior researcher at the Guangzhou Academy of Social Sciences, believes that the Pearl River Delta Bay Area has an advantage because it is more convenient for Hong Kong, Macao and the rest of the world to connect with each other.

 

As the first bay area recognized at the national level by the world's second largest economy, the PRD bay area is expected to be a world-class bay area.

 

The above-mentioned official from the National Development and Reform Commission mentioned that from the perspective of the spatial pattern of urban agglomerations around the world, the urban agglomerations in the Coastal Bay Area are the most competitive urban agglomerations with the best conditions for development. The Pearl River Delta Bay Area urban agglomeration has the most such international characteristics. He believes that the Pearl River Delta Bay Area will be the most developed urban agglomeration in the world, as well as the most innovative and open urban agglomeration.

 

From 2011 to 2015, the GDP of the Pearl River Delta (PRD) Bay Area increased year by year, from 6.24 trillion yuan in 2011 to 8.44 trillion yuan, or about 1.22 trillion U.S. dollars, according to data compiled by the regional statistics bureau and the International Monetary Fund. That's about the same as the GDP of Australia, the 13th-ranked economy in 2015, $23.8 billion more than Spain, the 14th, and $100 billion less than Russia, the 12th.

 

Greater attention should be paid to the livability of the Bay Area

 

Compared with the target three world-class bay areas, the PRD bay area has the problems of single industrial structure and insufficient scientific research capacity. Hu Gang said that the industrial structure of the PRD Bay Area still tends to be labor-intensive, with traditional manufacturing taking up the majority, while there is still a gap in high-tech industries.

 

"Shenzhen's high-tech is mainly application-oriented technology, and its original technology and R&D capability lags far behind that of Silicon Valley in the San Francisco Bay Area. The PRD Bay Area's scientific research, innovation and entrepreneurship environment also needs to be improved. However, the Pearl River Delta Bay area in the industrial division of labor has been relatively clear." He first said.

 

On the other hand, in the process of building the Bay Area economy, the integration construction is both the focus and the difficulty. The "Bay Area" is more blurred than the "region" of cities, with more emphasis on integrated development, such as infrastructure connectivity, equal public services, and similar levels of consumption.

 

In addition, the Pearl River Delta (PRD) Bay Area, the third largest label for the Bay Area, is not "livable" enough. Li Zhiming, a member of the Guangdong Provincial Committee of the Chinese People's Political Consultative Conference, told reporters that all government decisions should be people-centered and based on the needs of residents, so that the direction will not be wrong.