Author(s)

Miao Zhang

Corresponding Author

Miao Zhang

ABSTRACT

As China's national economy continuously develops, strengthening the integration of private enterprises and state-owned enterprises of the Guangdong-Hong Kong-Macao Greater Bay Area has become an inevitable requirement to promote the economic development of the Greater Bay Area. This paper analyzed the advantages and disadvantages of the state-owned enterprises and private enterprises in the Greater Bay Area, and the development relationship between them, and explored the different blocking factors inside and outside the integrated development of private enterprises and state-owned enterprises, thus obtaining five aspects of countermeasures and suggestions of integrated development of private enterprises and state-owned enterprises: setting up a correct sense of cooperative competition; leveling the playing field; achieving diversification of investment entities; sharing information and resources; improving industrial chain, build industrial clusters, and promotes the coordinated development of state-owned enterprises and private enterprises.

KEYWORDS

Guangdong-Hong Kong-Macao Greater Bay Area, private enterprises, state-owned enterprises, integrated development