Difficulties in developing Hong Kong's economy

● Overall policy: The Hong Kong government has not developed Hong Kong's expertise, especially financial-related industries, while nearby Shanghai, Shenzhen, Singapore and even Dubai are all eyeing the advantages of China Mainland and Hong Kong, while local officials are still cocky and completely lack the sense of crisis.

1. The development of financial futures has been robbed by other regions.

2. Travel has a beginning and no end.

3. The exhibition industry failed to bring domestic advantages to China and Hongkong, but its advantages began to be gradually swallowed up by China.

4. Transportation industry. Due to the high cost of land and labor, the concept of Pan-Pearl River Delta must be integrated into infrastructure projects to maintain its future status. However, China and Hongkong officials are extremely "powerless" at the negotiating table, so the future prospects are quite dangerous. Looking at the terminal business in the Pearl River Delta alone, we should be vigilant whenever the double-digit figures rise.

● Demographic structure:

China and Hongkong, with a population of only 7 million, can hardly rely on domestic demand to maintain their economies like other big countries, even if their economies are depressed. Moreover, since 1997, the local birth rate has dropped and a large number of new immigrants have appeared. New immigrants are mainly low-educated and low-income people, and some of them have to rely on CSSA to make a living. In addition to the soaring expenditure of the state treasury, it is less helpful to domestic demand, which is not conducive to local social consumption and housing sales.

Even the most profitable real estate developers feel that the real estate between China and Hong Kong is not what it used to be, and they have moved to China one after another (for example, in recent years, the Hang Lung Department, the Xindi Department, the Changhuang Department in the middle period, the New World and Henderson Land in the early period, etc.). ), this is also a problem that everyone should be alert to.

● Resources

Most of Hong Kong's materials come from China and Southeast Asia, and Hong Kong is pegged to the US dollar. Although the appreciation of RMB and Southeast Asian currencies is beneficial to Hong Kong's exports, its living and even operating costs are increasing because of its currency value.

In terms of talents, I'm afraid the advantages of China mainland and Hongkong will continue to disappear, because China has been an only child since the mid-1970s, and the reform and opening up began in the 1980s. Since 2003, the economy has entered the Great Leap Forward era, and the quality of personnel training is getting better and better. Nowadays, many enterprises communicate directly with large foreign enterprises, and the intermediary role of China and Hong Kong has begun to fade. It will be more difficult to retain talents in the future, and it will be more difficult for China and Hongkong to play a subversive role.

As for the land problem, the high cost of land has been a problem in China and Hongkong for 20 to 30 years, but it was finally blocked. However, the crux of the problem lies in the development potential of the region, the interlocking economic problems and improper deployment of the macro-policy environment, and the future costs will be borne by the people of China and Hong Kong.

At present, the global economy is good, and everyone forgets that both China and Hongkong are facing the crisis of losing their advantages, which is terrible! , 1. Population aging >; Decline of social productivity

2. Both China Mainland and Hongkong are undergoing economic transformation, but at the same time they are short of local talents (such as information technology industry and logistics industry). ); On the contrary, China Mainland and Hong Kong have a number of manufacturing talents, but they are facing structural unemployment under the general trend of economic transformation.

3. high land price policy > high land cost affects foreign investment desire.

4. Hong Kong lacks natural resources. We not only need to import manufacturing raw materials, but also rely on other places to supply basic necessities.

5.*** Policy factors, there are the following difficulties:

1) *** Ignorant and powerless. I don't know the difficulties of developing the economy. It often hinders economic development and does bad things with good intentions.

2) There are insufficient scientific research talents and they are in a weak position under the knowledge-led competition.

3) Lack of land, high price and high operating cost. Many large-scale developments are inseparable from land resources.

4) The masses are obsessed with copying buildings and stocks, all want to make quick money, and have no intention of actually developing the economy.

5) The low level of politicians affects economic development, such as Link Link.

6) The big consortia closed down, continued to steal buildings and failed to develop the economy.

Supplementary explanation:

7) The rise of neighboring regions, such as Shenzhen, Shanghai and Singapore, directly competes with China and Hong Kong, diluting the funds and opportunities available to China and Hong Kong. 8) China Hong Kong people have high wages and lost to Malaysian and Singaporean in labor cost. 9) There are more CSSA winners in China Mainland and Hongkong, which is helpful for economic development. For me, the most important development problem facing Hong Kong is that Hong Kong people and the government don't know what development problems they are facing!

In other words, lack of direction and specific plans and initiatives!

There are three kinds of people in this world:

(1) People who know what they know

(2) People who know what they don't know.

(3) Those who don't know what they don't know.

Sadly, both Hong Kong people and the government belong to the third category! ,