Hong Kongs Position in Guangdong under One Country, Two Systems

Abstract

Hong Kong and south China have been undergoing a rapid process of economic integration since the 1980s. The model of front shop and back factory is known as the most typical in transborder cooperation utilising economic complementarity across the border. Economic integration of Hong Kong into the Pearl River Delta region

is now becoming inseparable from transborder governance. The policymaking process is now an intriguing process of capital flow over a subregional economic space in southern China. This paper will revisit the economic restructuring process of Hong Kong in Guangdong under the One Country, Two Systems dictum.