Foreword -- Acronyms -- Assessment and recommendations -- Socio-economic trends in Guangdong -- Main challenges faced by Guangdong's economic development model -- Strategies and policies for regional competitiveness in Guangdong -- Environmental and climate change challenges in Guangdong -- Governance in Guangdong -- Annex A. Accessibility of strategic locations in Guangdong and Hong Kong, China -- Annex B. Production capacity of each prefecture in Guangdong
Summary
"This review assesses Guangdong's current approach to economic development. The province is focusing on industrial policies primarily aimed at heavy manufacturing industries (e.g. automobile, shipbuilding, petrochemicals) and supported by investment in hard infrastructure transport projects and energy supply, along with the implementation of the "Double Relocation" policies intended to move lower value-added factories to lagging regions through incentive mechanisms like industrial parks. The review discusses how some principles of the OECD regional paradigm could help Guangdong. It also addresses the huge environmental challenges that the province is facing and explores the opportunity for developing a green growth strategy. Strategies to improve Guangdong's governance are analyzed as well, with particular attention paid to coordination issues within the Pearl River Delta."--Publisher's description
