A study on the optimization strategies for the service trade structure of Guangdong-Hong Kong-Macao Greater Bay Area

Abstract

The construction of urban agglomerations and integration of regional economics have become the new trends in Chinese economic development. The economy of Guangdong-Hong Kong-Macao Greater Bay Area plays a significant role in driving regional development and stimulating technological innovation. In this paper, through study on the current situation of trade in service in Guangdong-Hong Kong-Macao Greater Bay Area, the reasons for the improper trade structure are concluded. Through data and case analysis, the factors affecting service trade structure are located. The results of case analysis can offer some useful and viable recommendations for the optimization of service trade structure, which can facilitate the industrial transformation and upgrading in Guangdong-Hong Kong-Macao Greater Bay Area as well as give a fresh impetus to economic growth.