On the Modernization of Cross-Jurisdictional Regional Economic Rule of Law — Taking the Guangdong-Hong Kong-Macao Greater Bay Area as the Entry Point
DOI:
https://doi.org/10.63313/LH.9036Keywords:
Cross-Jurisdiction, Regional Economic Rule of Law, Guangdong-Hong Kong-Macao Greater Bay Area (GBA), Modernization of the Rule of LawAbstract
Since the launch of the construction of economic regions such as the Guang-dong-Hong Kong-Macao Greater Bay Area (GBA), propositions including region-al economy and regional economic rule of law have attracted considerable at-tention. As a cross-jurisdictional economic region, the GBA features differences among various entities in terms of legal systems, economic policy formulation, and supervision of economic activities. How to coordinate the economic devel-opment of different regions through the rule of law has become the primary is-sue for the GBA’s development. The regional economic rule of law in the GBA should establish an inclusive legal system, balance the interests and legislative powers of various entities, thereby ensuring the gradual implementation of co-ordinated regional economic development. It is also necessary to promote the regional economic legal system guided by the philosophy of "Community with a Shared Future for Mankind," so as to provide a reference for the construction and connection with global economic law in the future.
References
[1] Tu, K. (2023). On the regulatory framework and governance structure of the Greater Bay Area. Legal Review, 41(2), 46-58.
[2] Chang, H., & Yuan, Z. (2021). Coordinated adjustment of financial legal systems in the cross-jurisdictional Guangdong-Hong Kong-Macao Greater Bay Area: Issues and coun-ter-measures. Review of Financial Service Law, 11(3), 261-274.
[3] Shi, Y. Q., & Chen, K. X. (2019). The rule of law approach to governance innovation in the Guangdong-Hong Kong-Macao Greater Bay Area. Social Sciences in China, (11), 64-85, 205-206.
[4] Government of the Hong Kong Special Administrative Region of the People's Republic of China. (2023, May 9). 2022-23 budget speech.
https://www.budget.gov.hk/2022/sim/speech.html
[5] Li, L. S., & Yin, Y. H. (2022). Dilemmas and countermeasures of FinTech innovation super-vi-sion in the Guangdong-Hong Kong-Macao Greater Bay Area: Taking the pilots in Guang-zhou and Shenzhen as examples. Financial Development Research, (3), 83-88.
[6] Zheng, J. H. (2021). On the cooperative mechanism of "regulatory sandbox" for FinTech in the Guangdong-Hong Kong-Macao Greater Bay Area. Finance and Accounting Monthly, (19), 141-148.
[7] Gong, P. X. (2018). Regional analysis of the development of the rule of law: A methodolo-gi-cal discussion. Law Science, (5), 3-14.
[8] Jiang, S. T. (2010). Some thoughts on establishing a coordinated legislative system to strengthen regional rule of law construction. Social Science Journal, (2), 78-79.
[9] Jin, X. Y. (2007). China’s regional economic imbalance and coordinated development. Shanghai People’s Publishing House.
[10] Yin, J. (2009). Outline of regional economic law. Peking University Press.
[11] Yuan, J., & Deng, J. N. (2021). 2020-2021: The GBA forges ahead and takes active actions to build a strategic pivot for the new development pattern and a model for high-quality de-velopment. In Y. W. Guo, W. Liu, & Z. H. Ren (Eds.), Blue book of the Guangdong-Hong Kong-Macao Greater Bay Area: Report on the construction of the Guangdong-Hong Kong-Macao Greater Bay Area (2020-2021) (pp. 1-38). Social Sciences Academic Press (China). https://www.pishu.com.cn/skwx_ps/initDatabaseDetail?siteId=14&contentId=12810912&contentType=literature
[12] Zhang, J. S. (2003). Regional economics. Tianjin University Press.
[13] Liao, Q. (2023, April 13). IMF: Global economic growth faces great uncertainty. Liberation Daily, p. 004. https://doi.org/10.28410/n.cnki.njfrb.2023.001662
[14] Yuan, D. S., & Li, Z. Q. (2017). An analysis of the system of economic law. Finance and Law, (6), 98-107.
[15] Yuan, D. S., Li, Z. Q., & Sha, Z. T. (2021). The paradigm shift of economic law research: From China to the world. Review of Financial Service Law, (21), 148.
[16] Chen, W. L., & Hu, Y. Y. (2019). The mission and responsibility of economic law in the con-struction of regional economic legal system. Economic Law Research, 23(2), 35-48.
[17] Zhang, W. X. (2014). The rule of law and the modernization of national governance. China Legal Science, (4), 5-27.
[18] Zhang, W. X. (2018). Jurisprudence (5th ed.). Peking University Press.
[19] Yuan, D. S. (2015). On inclusive rule of law. Review of Economic Law, 15(1), 3-33.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 by author(s) and Erytis Publishing Limited.

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.







