The Impact Mechanism and Effect of Fiscal and Taxation Policies on the Upgrading of Regional Industrial Structure---Based on the Empirical Analysis of Guangdong, Hong Kong and Macao Bay Area
Yan Zhang, Ruoqian Yang, Yu Jiang
Available Online January 2020.
- https://doi.org/10.2991/icesed-19.2020.29How to use a DOI?
- Guangdong, Hong Kong and Macao Greater Bay Area; Coordinated Development; Fiscal and Tax Policies; Regional Industrial Structure
- The coordinated development of The Guangdong, Hong Kong and Macao Greater Bay Area (Greater Bay Area) has already been a national strategy, and its plan is about to be introduced. One important factor that constrain the coordinated development of Greater Bay Area is that there has not yet built a sound coordination mechanism for interests, which is still not breaking the mindset of “a tiny piece of land”. In terms of interest coordination mechanism, the most important thing is the adjustment of fiscal and taxation policies. Since the coordinated development of Greater Bay Area has entered into a critical period of comprehensive advancement and key breakthroughs, reform and innovation of fiscal and taxation policies are needed in many aspects, such as industrial reconciliation and upgrading, ecological environment co-construction and sharing, technology-driven innovation and traffic facilities construction. In the process of achieving regional coordinated development of Greater Bay Area, the market helps to allocate resources, but the role of the market has certain limitations in regulating economic operations and the distribution of production factors. As an important tool to regulate the distribution of economic and resource factors, fiscal taxation policies can make up for the shortcomings of market regulation Studying the current fiscal and fixation policies under the background of coordinated development and improving the fiscal and taxation policies that hinder regional coordinated development provide some help to promote the coordinated development of Greater Bay Area.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yan Zhang AU - Ruoqian Yang AU - Yu Jiang PY - 2020/01 DA - 2020/01 TI - The Impact Mechanism and Effect of Fiscal and Taxation Policies on the Upgrading of Regional Industrial Structure---Based on the Empirical Analysis of Guangdong, Hong Kong and Macao Bay Area BT - Proceedings of the 2019 International Conference on Education Science and Economic Development (ICESED 2019) PB - Atlantis Press SP - 356 EP - 360 SN - 2352-5428 UR - https://doi.org/10.2991/icesed-19.2020.29 DO - https://doi.org/10.2991/icesed-19.2020.29 ID - Zhang2020/01 ER -