對服務業(yè)的影響將較制造業(yè)為-全文預覽
【正文】 g’s labour incentive factories (. textile factories) move to China Reasons: 1. Cheap land rent 2. Cheap labour 3. Larger space for expansion 4. More new market 5. Bigger market ?large population in China Problems facing by industrialists in Hong Kong Reasons:6. The economy in China grows rapidly and opens its market ?More people able to spend more money ?Maximize their profit (earn more) 7. Government support 8. Loose pollution controls in China Problems facing by industrialists in Hong Kong PROBLEM 2: Increase in unemployment rate in Hong Kong Reason: Factories move from Hong Kong to Mainland (Factory owners employ workers in Mainland instead of moving Hong Kong’s labour) Problems facing by industrialists in Hong Kong PROBLEM 3: Vicious Cycle Unemployment Economy worsen People not able to spend much money in local market Workers cannot afford their families What is CEPA? Close Economic Partnership Arrangement A free trade agreement under WTO rules Effective from January 1, 2023 Strengthens trade and investment cooperation between mainland China and Hong Kong Promotes joint development of two sides Advantages of CEPA Advantages of CEPA 90% of Hong Kong domestic exports to China enjoy ZERO TARIFFS ?HK expects other countries will import semifinished products to Hong Kong for the assembly process ?HK will earn a large sum of money due to the industries’ investment here ?Results in an industrial growth in HK Advantages of CEPA Small scale firm can enjoy greater flexibility to acce
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