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China's accession to the WTO to reposition our economy


Greater. Competition will improve the efficiency of the Chinese economy, this change would undermine the advantages of Hong Kong,[link widoczny dla zalogowanych], many of our existing low value-added intermediary business in 3 to 5 years, it will gradually decline, our economy needs to be Kang, and explore the future of the new the way forward. Re-positioning in the Chinese market of 1.3 billion Chinese population as much as the full liberalization of the Chinese market has brought many business opportunities for Hong Kong. However, Hong Kong must also face competition from multinationals. Domestic long-term investment in Hong Kong businessmen, deeper understanding of the mainland market, but also to establish a good business relationship with the same culture, which will give people a favorable competitive conditions, although the competitive advantage will not last long, but give people a little more When asked in the domestic market to build their own space. Therefore, Hong Kong needs to improve state of mind,[link widoczny dla zalogowanych], turn from the role of intermediaries in the past 41 = for the direct market participants by the In the domestic sector, low value-added industries will be relocated to other domestic cities, Hong Kong needs to focus on high value-added services that our economic transformation to play a very important role in Hong Kong not only the need to improve the competitiveness in cost, while also need to reform by the Government and all walks of life will improve the overall efficiency of the economy to another level. Together with the existing high quality infrastructure, Hong Kong will become a center of high value-added for domestic service, therefore, Hong Kong Hong Kong economy will continue to rely on the superior place in the domestic market continue to develop. Digital business is one of the promising industries. Hong Kong is the transmission of information or ideas on the subject to any restrictions, while Hong Kong has a sound and efficient legal framework for the telecommunications system and to give Southern Financial 2O002 favorable conditions for the development of Hong Kong, a digital business, provide services for the domestic market. The recent increase in Internet companies overseas investment in Hong Kong, I believe, reflects this trend. In addition, in the foreseeable future, Hong Kong will continue to be a major regional financial center. Compared to other government-led Asian economies, Hong Kong's financial sector more open and advanced. Banking reform will present a more efficient banking sector has just launched the second board stock market,[link widoczny dla zalogowanych], bond market is also maturing. This development can not be made hastily, Hong Kong has experienced years of efforts and government support for sustainable development have today. Hong Kong's financial sector stability and past performance is to ensure investor confidence, while Hong Kong's financial sector is the most valuable asset, which will be established in China and Hong Kong as Asia's financial value-added processing center. All in all, Hong Kong's future prosperity will be more dependent on overall economic efficiency. The industry needs to provide high value-added services and competitive, can only have a bright future The key to a high value-added, labor quality. In the new environment, Hong Kong needs to provide a favorable business environment for Hong Kong companies can compete in the domestic market. In the future knowledge-intensive economy, the quality of labor is the most important factor. Mengjin global economic integration and technology to make communication and creativity, analytical ability and flexibility in the use of information technology Dengjun become the basic requirements of employees. For example, bankers need for the future on the Internet in a short time to reach complex financial contracts. Or marketing needs of the country via the Internet in China to implement the same time. Our education system needs to set priorities, so that students can master the skills in this area. Government in this regard is very important responsibility, which will decide the success of knowledge-based economy and the future graduates in the new economic environment of survival. Second, the government co-ordination in the past, trade and business between Hong Kong and the Mainland, no need of government support. But the future needs of Hong Kong companies in the Mainland market directly compete with foreign multinationals, the Government may need to play a more active role. Strengthen the communication between the two governments, for example, the Government can set up key cities in the country a higher level of This is Hong Kong's small and medium enterprises into the domestic market is particularly important. Summary As China's accession to the WTO and the opening up the domestic market, can not rely on Hong Kong's advantages have been the economic system of Hong Kong and the Mainland differences. Elements of future success depends on the overall efficiency of the economy. The future financing of domestic companies to Hong Kong in the Mainland, not because of lack of access to such services, but because Hong Kong is more convenient and more efficient to complete the work. Only in this way, the economic future of Hong Kong can only break through. From this perspective, the current Hong Kong to relax x,[link widoczny dla zalogowanych], j-strategic industry regulation, corporate restructuring, streamlining the government structure, improve education and environmental protection is no longer a distant issue, but decided to Hong Kong,[link widoczny dla zalogowanych], the key to future economic ups and downs. If Hong Kong can withstand the pain of economic restructuring today, the future development of our economy will be better than other Asian countries and more durable Editor Xie Yongping