Positioning Strategies of Financial Innovation and Cooperation in City Clusters in the Light of Zhuhai-Macao Cooperation

Shusong Ba () and Zhifeng Wang ()
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Shusong Ba: China Banking Association
Zhifeng Wang: ESG and Sustainable Finance Committee of China Economic System Reform Research Association

Chapter Chapter 3 in Financial Innovation and Paths of Cooperation of City Clusters, 2025, pp 35-50 from Springer

Abstract: Abstract Since the launch of the Guangdong-Hong Kong-Macao Greater Bay Area strategy, five goals have been formed for its development: a vibrant world-class city cluster; an international science and technology innovation center with global influence; an important support for the construction of the “Belt and Road”; a demonstration area for in-depth cooperation among the mainland, Hong Kong and Macao; and a area for quality living, work and travel. Throughout the world, finance is an important driving force for the development of the bay area. Promoting the integration of financial markets, industries, institutions in Guangdong, Hong Kong and Macao and their financial regulatory coordination will be an important path to achieve the above goals.

Date: 2025
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DOI: 10.1007/978-981-96-7198-4_3

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