Download file to see previous pages...
With the seventh largest stock exchange, Hong Kong enjoys large market capitalization.
The growth in the economy of Hong Kong has been as a result of foresight in logistic development. The high population density plus its position in mainland China has forced the government of Hong Kong to plan and develop effective logistic to drive economic growth. Logistics in Hong Kong responsible for growth include, a good transportation network, development of a free economy, low taxation, good government policies and a good communication network.
Hong Kong is situated at the heart of mainland Asia. Located at the Southern doorstep of China, it is within a 5 hour flight period from most of the other Asian countries, thus having access to about half of the population of the world (Li, 2007). The location of Hong Kong has also led it to act as the gateway for trade to and from southern China. The location has granted Hong Kong access to the Pearl River Delta, where over 31% of the Mainland’s export products are manufactured (LOGSCOUNCIL, 2013). Its location also allows Hong Kong to access a large supply of labor from neighboring areas. The region has an abundant supply of both skilled and unskilled laborers that facilitate business growth, both local and international.
Hong Kong instituted CEPA (Closer Economic Partnership Arrangement) which lets local and foreign-owned corporations within Hong Kong to access the various opportunities that the fast growing Chinese market offers. This partnership also allows service providers to take advantage of the fastest growing service market in terms of logistics, transport sales agency, freight forwarding and road and maritime transport, and set up businesses in the Mainland (GovHK, 2013). The trend setting agreement also allows businesses in Hong Kong to expand on the mainland and strengthen the role of Hong Kong as the leading gateway for
...Download file to see next pagesRead More
This study looks into marketing as a daily activity is perceived to constitute all processes that are concerned with activities of conception, pricing, promotion, and distribution of ideas, goods, and services. Here, the paramount aim is to create exchange that is satisfactory to individual and organizational objectives.
A Case Study Analysis: Hong Kong 1.1. Government’s Role in Enhancing Economic Competitiveness Various economists have discussed the importance of economic competitiveness and also suggested several measures to attain the objectives to develop knowledge-based society.
It has covered near about 870,000 square metres of land. The park became a non- profit organisation in 1987 and is managed by Ocean Park Corporation incorporated under Ocean Park Ordinance. Ocean Park is a public educational and entertainment park. The main objective of this park is to provide people with both education and recreation.
As a result the societies have been faced with recurrent problems which seem not to be ending. The government should therefore work hand in hand with the law courts to ensure there are correct measures and laws that will uphold the integrity of Hong Kong’s society.
Disneyland theme parks are flourishing in the United States and Tokyo, but they have struggled in Hong Kong and Paris (Needle, 2004, p.522). This essay explores several issues regarding Disney’s challenges in Hong Kong and Paris, and it also determines the best country and city for the next Disneyland.
The researcher states that the Investment Banking division in Hong Kong is able to implement full suit investment banking transactions. These include fundraising, modeling and issuance of debt securities, capital market tools, finance rising through equity market instruments as well as initial public offering, private placement, rights issue underwriting etc.
Upon seeing these things, Hong Kong has a big potential in attracting tourists and more likely uplift the Hotel industries within its vicinity. However, due to the fact that Honk Kong is very much industrialized, we cannot neglect the fact that most of the operations of Hotels here compromises with the environment in terms of energy and some natural resources.
Hong Kong has made tremendous impact on the whole Chinese film industry, in particular, due to its prominent filming trends and distinguishable characteristics. Before the return into China, there was an euphoric discussion about Hong-Kong's astounding development to a world-class city.
Hong Kong makes a captivating case study in tracing the economic development of an economy, which in under a century has been transformed into an industrialized and 'developed' one. What factors have contributed to her rapid growth
Hong Kong has been under Chinese, British and Japanese dominion at select points in her history, all who played a part in the turn her developmental growth would take.
According to the report MTR is one of the most popular railways in the world.with the daily passenger load of 88,500 per route mile. The MTR carries 2.38 million passengers on an average weekday on a system of just 26.9 miles. MTR is a connected sequence of three lines which complete a loop through the commercial and visitor sections of Hong Kong.
6 Pages(1500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Foresight of Hong Kong logistics development for FREE!