A discussion on whether Hong Kong needs to be concerned about competition from Shanghai.
Written in 2005; 2,538 words; 14 sources; MLA; $ 76.95
Paper Summary:
This report is a comparison between Hong Kong and Shanghai, on
the basis of which the answer to the question whether Shanghai displays a serious competition for Hong Kong is derived. The paper presents a brief historical overview starting from 1948, which is followed by a detailed discussion concerning Hong Kong's and Shanghai's current competitiveness.
Table of Contents:
Introduction
1. Historical Overview
1.1 Before 1949
1.2 From 1949 - 1979
1.3 After 1979
2. Hong Kong versus Shanghai in the 21st Century
2.1 Major Economical Indicators
2.2 Enterprises Strategic Positioning
2.3 Market Characteristics Attracting Companies
2.3.1 Political and Social Stability
2.3.2 Advanced Infrastructure
2.3.3 Convenient Geographical Location
2.3.4 Capital Mobility
2.3.5 National Treatment to Foreign Business
2.3.6 "Rule of Law"
2.3.7 Attractive Tax System
2.3.8 Flow of Information
2.3.9 Widespread use of English
2.3.10 Strong and Highly Skilled Workforce
2.3.11 Good Quality of Life
3. Future Forecast
3.1 Financial Center
3.2 Logistics Center
3.3 Investment
3.4 Headquarter Location
Conclusion
From the Paper:
"Hong Kong or Shanghai - which of the two cities will be in the fore, and will attract most local as well as foreign businesses? When regarding the trend of the previous years, which shows Shanghai's strong efforts to improve, one could think Hong Kong's "place in the sun" is endangered. But is Shanghai a competitor to be frightened of? For answering this question, in the following section, a comparison of the cities' main economical indicators, enterprises' strategic positioning, as well as the main market characteristics attracting enterprises will be drawn."
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