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Analysis of the Major Problems in Opening-up of Guangdong-Hong Kong-Macao Greater Bay Area Based on the Belt and Road Initiative Initiative

Nowadays, with China's economic development having entered into a "New Normal" stage, it is extremely urgent to conduct a comprehensive joint investigation on the construction of "Belt and Road" initiative as well as the strategic development of Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This paper analyzes the status and problems of the GBA thoroughly from two perspectives of "Bringing in" and "Going out" in accordance with the route of "status quo analysis, problems observation, countermeasures and suggestions" based on the advance of the Belt and Road Initiative. The innovative policies proposed to promote the opening-up of the GBA, can not only offer a new policy focus for the economic development in the GBA, but also provide the guidance and reference to the transformation of development mode and improvement of opening-up.