SFC Markets and Finance丨Wang Haifeng: GBA's economic takeoff hinges on its market integration

南方财经全媒体记者 李依农 深圳报道

The 2024 Guangdong High-quality Development Conference will be held on February 18 in Shenzhen, the city born by innovation.

The rapid development of Guangdong and the Greater Bay Area cannot be achieved without innovation. In an exclusive interview with SFC, Wang Haifeng, researcher at the Academy of Macroeconomic Research, emphasized that the next phase of economic growth in the Greater Bay Area depends significantly on the integration of its markets.

Guangdong plays a particularly important role in this process. "Province like Guangdong, focusing on core cities and industrial parks, we need to prioritize talent, technology, digital economy, and technological innovation," stated Wang, highlighting the essential pillars for sustainable growth. He stressed the importance of nurturing talent, fostering technological advancement, and embracing the digital economy to propel the region forward.

Moreover, Wang underscored the need to enhance services mainly focused on technological innovation and research, to facilitate the convergence of advanced manufacturing and high-end services.

"This is a process," Wang acknowledged, underlining that Guangdong must align with international standards at a higher level to realize its full potential. "In my opinion, the next economic takeoff in the Pearl River Delta and the Greater Bay Area depends on the market integration within the Greater Bay Area," Wang asserted.

"Our level of openness in Guangdong can be further elevated," Wang concluded, expressing optimism about the region's prospects while also highlighting the imperative for continuous improvement and adaptation to meet the challenges of an ever-evolving global economy.

2024广东高质量发展大会将于2月18日在素有“创新之城”美誉的深圳召开。

广东以及大湾区的高速发展，离不开创新。谈及大湾区未来的经济发展轨迹，中国宏观经济研究院研究员王海峰在接受南方财经记者采访时强调，珠三角的下一次经济大起飞，也是大湾区的下一次经济大起飞，将很大程度上取决于大湾区的市场一体化。

在这一进程中，广东扮演着尤为重要的角色。“像广东这样围绕核心城市和产业园区，人才、技术、数字经济和技术创新是重中之重”。王海峰强调了培养人才、促进技术进步和拥抱数字经济在推动地区高质量发展的重要性。此外，他还指出加强以科技创新为主与科研为主的服务业的必要性，从而促进先进制造业和高端服务业的融合。

“这是一个过程，”王海峰表示，广东需要以更高水平与国际标准对齐，才能释放并实现其全部潜力。“广东的开放水平可以进一步提高，”他对广东的经济高质量发展前景表示乐观，同时也强调了在全球经济挑战下，不断突破、创新的必要性。