Author(s)

Zhaogang Fu ^1,2, Shanshan Hu ^1,2, Yin Tang ^1,2

Affiliation(s)

¹ Business School, Lingnan Normal University, Cunjin Road, Zhanjiang, China
² Guangdong Coastal Economic Belt Development Research Center, Lingnan Normal University, Cunjin Road, Zhanjiang, China

Corresponding Author

Shanshan Hu

ABSTRACT

The construction of a Guangdong-Macao in-depth cooperation zone in Hengqin not only supports Macao to better integrate into the overall situation of national development and injects new momentum into the stable and far-reaching practice of "one country, two systems" in Macao, but also is an important deployment of reform and opening up in the new era. Starting from the development status of industry, science and technology, talents and finance, this paper analyzes the institutional arrangements for the upgrading of the industrial structure of a Guangdong-Macao in-depth cooperation zone in Hengqin, mainly including financing mode institutional arrangements, exchange rate institutional arrangements, interest rate institutional arrangements and regulatory institutional arrangements. Put forward suggestions on upgrading the industrial structure by relying on diversified innovation drive, building the scientific and technological innovation pole of a Guangdong-Macao in-depth cooperation zone in Hengqin, and orderly promoting the opening and innovation of the financial industry.

KEYWORDS

A Guangdong-Macao in-depth cooperation zone in Hengqin; Industrial structure; Institutional arrangements; One country two systems

CITE THIS PAPER

Zhaogang Fu, Shanshan Hu, Yin Tang, Institutional Arrangements and Policy Suggestions on the Upgrading of Industrial Structure of a Guangdong-Macao In-depth Cooperation Zone in Hengqin. Industrial Engineering and Innovation Management (2022) Vol. 5: 27-37. DOI: http://dx.doi.org/10.23977/ieim.2022.050304.

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