Industrial Structural Changes in Hong Kong,China under One Country,Two Systems Framework

Hong Kong has undergone substantial economic transformations and developed into a sophisticated busi- ness and financial center in the Asia-Pacific region, since the return of sovereignty to China as a Special Administrative Region under the One Country Two Systems （OCTS） in 1997. This paper discusses and analyzes the industrial struc- tural changes of Hong Kong in recent decades as well as its future challenges and opportunities, The data and finding reveal that even though Hong Kong will face fierce competition from the Mainland＇s cities as the rise of China, the important role as a bridge between China and the rest of the world wilt brace Hong Kong itself under the OCTS for developing into a service hub for business and trade in the Asia-Pacific region.

Eco-environmental Impact Assessment of the Change of Regional Industrial Structure and Regulative Measures

Acting as an important driving force for the change of the regional land use,the change of industrial structure also has some influences on the ecological environment.The assessment and mechanism analysis of these influences will be beneficial to the sustainable development of regional economy and the im- provement of relationships between man and earth.Taking Chuzhou City in Anhui Province as an example,on the basis of a qualitative analysis of the influence of the development of differ- ent industry on the regional ecological environment,this paper builds the influence factor of industrial structure on natural envi- ronment and the influence index of industrial structure on natural environment,makes a quantitative assessment of the change of the industrial structure and its comprehensive influences on the eco- logical environment in the Chuzhou City from 1974 to 1995. Studies show that,during the analysed period,Chuzhou City's industrial structure has changed markedly,having undergone two transformations.The influence of industrial structure on natural environment from 1974 to 1995 increased as a whole,while from 1996 to 2004,the influence of industrial structure on natural en- vironment decreased year-on-year.These changes indicate that the regional change of industrial structure results in better ecological effects.Finally,we propose appropriate regulatory measures ac- cording to our research results.

Quantitative analysis on the contribution of industrial structure change to sustainable development: a case study of Fujian Province

Development and sustainability are the core connotation of sustainable development. Sustainability of economic development and the provision capability of resources and environment are two aspects of sustainable development. The former ones are the foundation of the latter ones. Industrial structure has a close relationship with sustainable development. The optimization of industrial structure is the important base for the sustainable development of modern economy and also the important ways of the sustainable utilization of resources and environment. The intensive growth effect of industrial structure change has the meaning of sustainable development. This paper reviews and explains the theory on the contribution of industrial structure change to sustainable development, builds the calculation model through introducing the coeff icient of industrial structure change, makes an empirical study on the contribution of industrial structure change to sustainable development in Fujian, and puts forward ways and policies of optimizing industrial structure both among industries and inside the industry in the process of industrial structure change.

Major Changes in Coal Industry

In recent years, facing the unprecedented difficulties andchallenges such as fuel price increase, supply tension of powercoal and increasing pressure of environmental protection, thesurvival of power enterprises is subjected to certain squeeze.Theimpactofcoalindustryonthepowerindustryisincreasing.Since the foundation of the new China, coal is prominentin China's primary energy production and consumption. Inrecent years, with the continuing rise of the international oilprice, coal becomes more important i...

Chinese Textile industry Should Gear Up for Changes

Since the inception of last year,forecast on the"shuffling"of the textile industry has been spread widely.What’s more,some latest reports of Financial Medias on the bankruptcy of garment enterprises that used to run with main business of export or OEM in Guangdong province dealt a heavier blow on people’s nerve.It is said that Chinese textile industry are suffering"painful period"now……

Previous ITU Exhibitions Reflect Tremendous Changes in China's Telecom Industry——Houlin Zhao, Deputy Secretary-General of ITU

The long-awaited ITU Telecom World 2006 is to open in Hong Kong. It is no doubt that the hosting of this pageant in Hong Kong proves the praise and recognition of the rapid development of China's telecom industry as well as the favor and support to Hong Kong, a world-class trade metropolis. At this opportunity, I'd like to extend my warm congratulations to the event together with readers of China Telecommunications Trade.

The Impact of the Establishment of National High-tech Zones on Total Factor Productivity of Chinese Enterprises

The National High-tech Zone(NHTZs)is an important strategic platform for cultivating high-tech industries and realizing high-quality economic development in China.Based on the combined data from 2006 to 2014 of the industrial enterprise database,the customs database,and the China Development Zones Audit and Announcement Catalogue(abbreviated asthe Catalogue),this paper systematically investigates the influence of the construction of NHTZs on enterprise’s total factor productivity(TFP).Results show that NHTZs have a positive impact on the TFP of enterprises in the zone,and this conclusion is still valid after considering endogeneity problems.Furthermore,the above productivity effects of NHTZs are heterogeneous in terms of enterprise ownership,external environment and establishment time,and NHTZs have greater stimulation effects on enterprise productivity after comparing with other types of functional zones.An investigation of the specific mechanisms at play shows that NHTZs promote the TFP of enterprises in the zone through the release of preferential policies,strengthening the“technology spillover effects”of imported intermediate goods,enhancing enterprise’s innovation ability and attracting talent.In addition,based on the decomposition of industry productivity,this paper also investigates the impact of NHTZs on changes in industry productivity and finds that NHTZs promote the overall productivity of specific industries mainly by stimulating the productivity improvement of incumbent enterprises and expanding the market share of high-productivity enterprises.Moreover,the preferential policies of NHTZs do not significantly stimulate high-productivity enterprises to enter the zones,nor do they cause low-productivity enterprises to exit.This research is helpful in objectively evaluating the economic effects of the NHTZs in China and in providing a theoretical basis for its further adjustment.

Empirical Analysis of Economic Growth in Sichuan Province

For a long time, the factors influencing a regional economic growth are mainly workforce, capital and scientific and technological progress. But with the further promotion of China＇s reform and opening-up and intensification of the further improvement degree, the main factors influencing a regional economic growth constantly change. This paper utilizes the relevant data of Sichuan to set up the econometric model and quantitatively studies the factors influencing economic growth of Sichuan. Through comparing the greatness that each factor influences the economic growth of Sichuan, the paper takes system changes as leading factor to influence the economic growth during 1984-2003 of Sichuan. At the same time, the upgrading of industrial structure will be a core of economic growth in the future, and the scientific and technological progress is the potential force of economic growth.

A Strategy and Model of Change for SMEs in the Hong Kong Manufacturing Industry

The re-establishment of the Hong Kong manufacturin g industry as a local pillar of economy is vital in the restructuring of the e conomy in Hong Kong. The SMEs should play a key role in such a process. It requi res major changes to take place in the operation of the enterprises in order to enhance their competitiveness and therefore the chance of success in the restruc turing process. It is suggested that the strategy of going for high value-added products and related services together with the practice of "focused factory" s hould be adopted by the SMEs in the industry. Effective change management by the top managers and owners in the SMEs is an underpinning element for the success. Basing upon the characteristics of the SMEs in the industry, a model of change is proposed. The roles that should be played by the top management and owners in the industry are suggested and discussed. It is believe that the proposal and s uggestions made would help the industry to effectively manage the changes that a re necessary for the industry to shape the competitiveness of the industry in th e world arena in future.

Industrial Structural Change and Economic Growth in China, 1987-2008

The present paper studies the sources of economic growth and the nature of structural change in the Chinese economy from 1987 to 2008. Using a methodology that evaluates the contribution o fan industry to economic growth, the present paper shows that the post-2000 subperiod marked an increased reliance on the services sector as a source of growth in the Chinese economy. Much of the acceleration in real GDP or aggregate labor productivity growth in China in the post-2000 subperiod compared to the pre-2000 period can be traced to an increased contribution from service-producing and high-technology exporting manufacturing industries. The evidence indicates that the Chinese economy has been rebalancing toward domestic consumption and shifting its export sector toward high- technology manufacturing industries.

12 changes with the auto industry in 2007

Innovation begins to lead the industry China’s auto industry has entered a new innovative stage, while undergoing further improvement and restructuring. The entire industry has reached

SPECIAL ISSUE： DISTRIBUTION OF NATIONAL INCOME IN A TRANSITIONAL ECONOMY Labor income shares （LIS） in economic development： an empirical study based on China＇s sectoral-level data

Empirical study of sectoral-level change in LIS in China reveals that change in industry structure is synchronous and positively correlated with LIS in different sectors of the economy, intensifying overall LIS fluctuations. Our analysis of LIS based on data from the major sectors of China＇s economy show that, relative to 1993, the increase in LIS in 1996 was largely due to the increased proportion of LIS in secondary industry. Relative to 1996, the fall in LIS in 2003 was closely related to the fall in the proportion of primary industry in the overall economy. The year 2004 was unusual in that it witnessed a dramatic fall in overall LIS level. The primary reason for the fall was a change in statistical definition that led to a significant reduction in LIS in the secondary and tertiary sectors. There were huge variations in LIS level among different regions. However, with the passage of time, the regional disparities are gradually being reduced. This is also closely connected to changes in industry structure and within-sector LIS fluctuations.

Auto Industry Faces Change

A number of indicators show that China's auto industry is facing a new round of large-scale restructuring. When the global auto industry was undergoing reorganization 10 years ago, China's auto industry was in its early stages, acting in a relatively closed market, and thus it missed out on that important event. However, the situation is different today. In the past decade, China's auto industry has grown at a rapid pace. While the world's major transnational companies

The Mining-and-Selling Situation Of China's Rare Earth Industry Is Changing

After being rectified for several consecutive years,China’s rare earth industry was recovered in 2017.At the same time,industria transformation and upgrading is considered to be another focus in the future.'The effect of transformation and upgrading of rare earth industry is obvious,and the mining-and-selling situation is changing。