Cultivating the Advantages of the City of London as an International Financial Centre Under Cluster Effects and Implications for the Greater Bay Area

Mengqing Pan

doi:10.62051/ijgem.v9n3.02

Authors

Mengqing Pan

DOI:

https://doi.org/10.62051/ijgem.v9n3.02

Keywords:

City of London, International financial centre, Cluster effect, Guangdong-Hong Kong-Macao Greater Bay Area, Financial cooperation

Abstract

As a globally leading international financial centre, the City of London has developed formidable industrial cluster effects through its profound historical heritage, highly concentrated financial enterprises and professional service institutions, open and inclusive talent recruitment policies, and sustained financial technology innovation. This paper systematically analyses the City of London's success across four dimensions: talent structure, enterprise clustering, business interoperability, and policy support. Drawing on the current state of financial cooperation within the Guangdong-Hong Kong-Macao Greater Bay Area, it proposes pathways to advance coordinated financial development and enhance international competitiveness in the region. The study concludes that the Greater Bay Area should draw upon the City of London's experience in institutional innovation, talent recruitment, technology-enabled services, and cross-border finance to accelerate the establishment of a globally influential financial hub.

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