China's accession to the World Trade Organization will mean a turning point for Hong Kong-Guangdong cooperation, which will open the way for the two economies to combine their factor advantages to become the world's largest New International Division of Labor production base and Asia's logistics hub. Closer government-to-government cooperation will be required for cross-border policy formulation, institution building, and policy implementation, if the new cooperation is to materialize.
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Errata: In the September/October 2016 issue (volume 56 number 5, pages 836 and 849), there was a technical printing error in Figures 1b and 2 of the article by Ajay Raina that resulted in a loss of data on the graphs. This online article contains the restored figures in their original, correct state. The error is regretted.