1 / 14

Recent Economic Developments in Pearl River Delta (PRD)

This report by Mr. Gregory Leung discusses recent economic developments in the Pearl River Delta (PRD), projecting GDP growth for Hong Kong, Guangzhou (GZ), and Shenzhen (SZ) from 2011 to 2020 based on data from earlier decades. It highlights the emergence of modern heavy industries and service sectors, the competitive rise of Shenzhen as a financial center, and the declining role of Hong Kong in the region's economic framework. The report also outlines future opportunities for businesses looking beyond Hong Kong amidst evolving industry dynamics.

tanuja
Télécharger la présentation

Recent Economic Developments in Pearl River Delta (PRD)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Recent Economic Developments in Pearl River Delta (PRD) Mr Gregory Leung 16 May 2013

  2. GDP Projection of HK, GZ, Shenzhen (SZ) from 2011 to 2020 RMB 100 million GZ SZ HK * The estimated figures are projected by the economic data from 2000 to 2010

  3. Projection of GDP per capita of HK, GZ and SZ from 2010 to 2020 GZ RMB ` SZ HK * The estimated figures are projected by the economic data from 2000 to 2009

  4. Recent Developments (1)

  5. Recent Developments (2) • Encourage emergence of modern heavy industries, such as car-manufacturing, petro-chemicals, ship-building, steel & metal industries • Facilitate SMEs to link up and form clusters of modern industries

  6. Recent Developments (3) • Encourage the development of modern service industries as a base for further upgrading of the manufacturing sector

  7. Recent Developments (3) • Shenzhen has become a financial centre ranking after Shanghai and Beijing in the Mainlands • With the decline in overseas market, finished products are now geared towards the domestic market

  8. Recent Developments (4) • Plan to invest heavily on infrastructure developments in the remote parts of Guangdong in the next five years

  9. Impact on Hong Kong (1) • The importance of Hong Kong as a contributing factor to the development of PRD is declining and is expected to continue to decline, because: • Hong Kong has inadequate experience in research-based, innovative nor heavy industries

  10. Impact on Hong Kong (1) • The traditional ‘Front shop, back factory’ operation model is breaking up • Shenzhen is competing with Hong Kong in the provision of financial services to the local industries

  11. Impact on Hong Kong (2) • Recent focus has been on the facilitation of the import of Hong Kong services sectors into PRD Pilot schemes: Hengqin (橫琴), Qianhai (前海) and Nansha (南沙)

  12. Future Opportunities (1) With the focus on the development of a modern manufacturing sector, local businesses may have to look beyond Hong Kong for partners

  13. Future Opportunities (2)

  14. Thank you!

More Related