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What Singapore is doing, what about HK?
本帖最後由 rockypath 於 2011-7-19 10:22 編輯
I open a new topic and only welcome people who can "talk" properly.
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Why did I mention Singapore particularly?
First, there are too many similarities between these two. They both are British colonies, geographically small, highly educated, 高度清廉,important ocean shipping and logistics hub in Asian, more importantly, both are world financial center (Singapore is No.4 in the world just after HK as No. 3, correct me if I am wrong).
Second, Singapore has realized it needs to develop high value industries to strengthen its economic role in Asian and the world very early. Therefore, the government has set up favourable policies and financial support to attract investments into Singapore.
#1) It puts in consistent efforts to attract companies from China and India to go IPO on its exchange.
#2) It provides favourable assistances to industries that are on its wish list such as creative industries, IT, bio and life sciences, technologies research and development centers, Asian regional head quarters, etc. A few years back, one of our friends in Singapore asked us whether we would be interested in investing in Singapore. If we invest in the industries on the wish list, the Singapore government will match the investment 1-to-1. That mean Singapore government will put in one dollar for very dollar we put it. At last, we did not proceed the opportunity.
#3) It is already an important logistic hub in Asian beside HK. It expands its competitive strengths by signing Free Trade Agreement with US. I believe it is negotiating the agreement with Canada as well. That creates new opportunities for Singapore that foreign companies will set up assemblies centers in Singapore. The products assembled in Singapore will be label as “Make in Singapore” and be qualified for tax-free (this is what I was told, and not verified myself). That is a very attractive opportunities for many foreign companies which already have huge manufacturing bases in south Asian such as Malaysia and Philippine, and the finished products would be consolidated and loaded in Singapore ports anyways.
#4) It aims to establish its tourism industry by relaxing law and regulation on the establishment of Casino. Partners with Holly Wood and builds Universal Studios.
I just name a few things that Singapore is doing. Yes, HK is still leading ahead of Singapore especially with the back-end supports from mainland China (that is a huge advantage). But if HK continues to sleep on its past glories, it will be eventually taken over.
Don’t blame CCP for that if the day comes. The future is in the own hand of HK people and its government. |
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