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Economic growth is a prerequisite for social development and political stability. Finance is the core and hub of modern economic operations and economic growth. GBA is an important strategy that the country is currently promoting. It is the region with the largest economic aggregate and the highest economic activity in China. Promoting the financial development of GBA has an important supporting role in enhancing the economy of the Bay Area and the national economy. Based on the strategy of GBA, this paper introduces the endogenous economic growth model of the financial sector to discuss the interaction and mutual restraint between financial development and economic growth in GBA.

Research on Financial Development of Guangdong-Hong Kong-Macao Greater Bay Area Based on Endogenous Financial Economic Growth Model