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历史上粤港经济的合作是多种因素促成的，其中最重要的则要归功于两地经济分工的发展。对香港来说，两地垂直型分工使香港制造业走向高级化，并促使产业结构快速转型，第三产业发展迅猛。对广东省来说，香港的经济增长对它产生了“传递作用”，使广东经济发展获得了巨大的启动力。“九七回归”对粤港经济的进一步合作和发展是一良机，它将促使两地经济合作走上新的台阶———由垂直型分工走向水平型分工，使粤港经济走向新一轮增长。本文还对目前香港“产业空心化”论提出了作者的见解
Historically, the economic cooperation between Guangdong and Hong Kong has been driven by many factors. The most important of these is due to the economic division of labor between the two places. For Hong Kong, the vertical division of labor between the two places has brought the manufacturing industry in Hong Kong to a higher level and has led to the rapid transformation of the industrial structure and the rapid development of the tertiary industry. For Guangdong Province, Hong Kong’s economic growth has had a “transfer effect” on it and has given Guangdong a tremendous stimulus for its economic development. The return of “1997” is an excellent opportunity for the further cooperation and development of the economy between Guangdong and Hong Kong. It will push the economic cooperation between the two places to a new level, from a vertical division of labor to a horizontal division of labor and a new round of economic development between Guangdong and Hong Kong increase. The article also put forward the author’s opinion on the current “hollowing out of industries” in Hong Kong