Trade relations between Guangdong Province and Hong Kong, Macao and Taiwan in China

Abstract

In 2016, the total GDP of Guangdong Province was 795.125 billion yuan, ranking first in China's provinces and cities. In the 21st century, the globalization of the world economy and the regional economic integration have been deepening in the vertical direction. Regional economic and trade cooperation have increasingly become an important means for countries and regions to participate in international cooperation and competition and to maximize the interests of the country and region. From the perspective of the world and China, the trade cooperation between Guangdong and Hong Kong, Macao and Taiwan are essentially the result of “opening up†under the background of globalization, and also the regional cooperation between different economies within China. It is necessary to study the trade between Guangdong Province and Hong Kong, Macao and Taiwan. Based on the Guangdong Statistical Yearbook and SPSS software, this paper makes a simple modeling and time series analysis of trade data, and finds that there is a close relationship between Guangdong and Hong Kong, Macao and Taiwan regions, and provides constructive opinions for future trade development.