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Policy Address 2021 | When the United States and Japan are also actively "re-industrializing" Hong Kong people need to abandon development stereotypes

2021-10-13T04:33:06.533Z

In recent years, Hong Kong has focused on the development of the service industry and the financial industry. In this year's policy address, it has proposed an important transformation direction in the industry and economy-"re-industrialization." In fact, it has always maintained an emphasis on



In recent years, Hong Kong has focused on the development of the service industry and the financial industry. In this year's policy address, it has proposed an important transformation direction in the industry and economy-"re-industrialization."

In fact, China, which has maintained a major manufacturing industry, has emerged economically in recent years, and Western society has begun to realize that the past blindly encouraging "de-industrialization" and advocating the service industry have caused problems such as hollowing out of the industry.

Advanced countries like the United States and Japan have constantly tried their best to implement "re-industrialization" in recent years.


In the second quarter of 2021, 88.6% of people in Hong Kong were engaged in the service industry, but those engaged in retail, accommodation, and catering services accounted for 14% of the total working population.

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However, many Hong Kong people may preconceived that the economically developed regions will focus on the development of high value-added service industries. They are full of doubts about "re-industrialization."

It is true that in the past few decades, Hong Kong was unable to compete with the low-cost mainland, which led to the development of a large number of light industries northward.

However, "de-industrialization" will have a negative impact on the development of a region in the long run. Therefore, the trend of "re-industrialization" will appear one after another in various countries...

For details, please read the 286th "Hong Kong 01" Electronic Weekly Newsletter (October 11, 2021)

"Dialogue with Hu Enwei-The Key to Hong Kong's Cultural Resurrection"

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If you want to read the full text, please

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Other exclusive highlights of

the

286th "Hong Kong 01" Electronic Weekly News

:

Proposed in the northern metropolitan area, Hong Kong-Shenzhen economic integration "beginning of debt repayment"

Civil servants are promoted to "housing for those who can", "want to work" and "get things done"

Fu Zhenghua's fall to lead people to revel in public security reform in the eye of the storm

The Meng Wanzhou Incident and Legal Imperialism 2.0

Controversy arises in the site selection for the proposed green belt for the teaching building east of No. 3 Sassoon Road in the Faculty of Medicine of the University of Hong Kong

Dialogue with Hu Enwei-the key to the revival of Hong Kong culture

The children's version of Instagram exposes the profit-making nature. How is it possible to reform Facebook?

Source: hk1

All news articles on 2021-10-13

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