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Ⅰ. The Macro-environment of the GBA

Ⅰ. The Macro-environment of the GBA

Stepping into the new era, to achieve better development in the GBA, Hong Kong legal practitioners
must enhance their knowledge about building up a top-notch Bay Area and its significance in the world. They

should make good use of their important position and unique advantages. The GBA is one of the most open and

economically vibrant regions in the Mainland, and holds an important strategic position in the new development
pattern of the country. During his visit to Guangdong from April 10 to 13, 2023, President Xi Jinping stressed
that “GBA has an important strategic position in the new development pattern of the country”, and that it is

necessary to “make the GBA a strategic fulcrum of the new development pattern, a demonstration site of high-

quality development, and a leading region for Chinese-style modernization”. 1

1.1 Increasing competitiveness of the GBA

The GBA is a major national strategy personally planned, deployed, and promoted by President Xi

Jinping. Since the announcement of the Outline Development Plan for the GBA, there have been many positive
developments to enhance its construction. In recent years, the GBA has made significant progress in promoting

the people’s wellbeing, connecting soft and hard environments, promoting the synergy between scientific and
technological innovation and finance, constructing major cooperation platforms, and facilitating the flow of

personnel. The development of the GBA has shifted from comprehensive coordination to deep integration, and
its competitiveness is becoming stronger each day. 2

1 ZHENG Xiancao: “Grasping the new positioning of the development of the GBA as the strategic fulcrum of the new development
pattern (featured topic)” , People’s Daily, (September 5, 2023), http://theory.people.com.cn/n1/2023/0905/c40531-40070708.html
2 REN Zhihong, ZHONG Yun, “From comprehensive collaboration to deep integration - construction and development of the GBA from
2021 to 2022”, “GBA Construction Report” (2022), p.36, published in April 2023.

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