The workshop to Hong Kong's front office
香港繁华背后的力量
ONE fear about Hong Kong's future is that the rise of Shanghai might
condemn it to becoming the financial hub for “just” the Pearl River
Delta (PRD), as Shanghai deals with the booming Yangzi delta region. The worries are premature, such is Hong Kong's lead over Shanghai. But even if they were realised, such a fate might not be the end of Hong Kong.
The PRD is, with the Yangzi delta and the Bohai rim around Beijing and
Tianjin in northern China, one of the three most important economic
regions of China. The “PRD Economic Zone”, first officially defined in
China in 1984, includes the “special economic zones” of Shenzhen, next
to Hong Kong, and Zhuhai, bordering Macau, and the neighbouring parts
of Guangdong province.
According to a study in 2005 by Michael Enright, Edith Scott and Ka-mun
Chang, if the area, including Hong Kong and Macau, were a separate
country, it would be the world's 18th-largest economy and its
11th-biggest exporter, ahead of South Korea and India. It has a
population of about 65m and the mainland part of it has enjoyed an
astonishing average annual rate of economic growth of around 17% for
the past quarter-century. Hong Kong firms employ more than 11m people
in the region and have provided some two-thirds of the foreign direct
investment there. The mainland part of the region has attracted about
22% of all the FDI that has gone into China and accounts for about
one-third of its exports and imports. Two-thirds of the world's toys,
45% of its wristwatches and one-third of its consumer electronics,
garments and footwear are made there.
Michael Enright, Edith Scott和Ka-mun
Chang于2005年的调查研究显示,若将该区域(包括香港和澳门)视为一个独立的国家,其经济实力和出口量将分别位居世界第十八和第十一,超过韩国和
印度。这里人口6500万,其中位于大陆的地区在过去25年间,年平均经济增长率达到17%,令人惊叹。香港公司在该区雇员已超过1100万,并为此地引
进大量外商直接投资,达到这一区域直接投资总额的2/3。该地区的海外直接投资及进出口值分别占到大陆总量的22%和1/3。全球玩具总量的2/3、手表
总量的45%以及消费电子产品、服装和鞋类的1/3都产于此地。
No other country in the world has industrialised as rapidly as China;
and within China no region has matched the sustained growth of the PRD.
To the outside observer it looks hideous: a proliferation of ugly
building sites, cramped factories, poisoned waters and filthy
smokestacks. Yet there are signs that the region is ready to move
upmarket.
Air pollution is now causing a growing clamour and land turns out to have a myriad valuable uses.
Wages have gone up, so the number of sweatshops has gone down. K.C.
Kwok, the Hong Kong government's economist, says some local governments
in the Pearl River Delta are establishing links with officials in
Vietnam and Bangladesh to refer potential investors on to them. There
is also a “Pan-PRD initiative”, covering the nine southern provinces of
China, to help spread development from the congested coast to the
poorer inland regions. This, says the Hong Kong government, will
position Hong Kong as the hub of a region of 474m people, with a GDP
much the same as that of the ten members of the Association of
South-East Asian Nations combined. Eat your heart out, Lee Kuan Yew.