MTL - Rebirth of Hong Kong 1981-Chapter 939 The correct front-store-back-factory model

  Chapter 939 The correct front-store-back-factory model

   Entering February

  Youde did not disappoint Yang Chen. After the conversation between the two parties, Youde began to approve the application for the construction of the Hong Kong high-tech industrial chain through his status as the governor.

   A full 80 square kilometers of land, along with an approval for unrestricted land reclamation, completely ignited public opinion in Hong Kong.

   For a while, the entire Heungkong society was discussing around the high-tech industry chain. From the political and business circles to the news media to the low-level people, the big guys were very interested in the construction of the Heungkong high-tech industry chain proposed by Yang Chen.

Among them, the business community and the academic class are the most controversial. Compared with the reclamation approval documents that the British and Chinese bigwigs care about, the attention of the bottom people is the investment amount of 100 billion yuan. Long-term scholars and some economists, They are very supportive of Yang Chen's move to invest in the high-tech industry chain.

Before   , many people disagreed with the comprehensive transformation of Heungkong to the financial services industry and the complete de-industrialization. During this period, Bay Bay, Singapore and South Korea, which rose at the same time as Heungkong, are actively upgrading their industrial manufacturing industries.

  Although Singapore also has a trend of transitioning to the financial services industry, in the field of industrial manufacturing, especially in petrochemical machinery, Singapore has not given up the industrial foundation laid hard in the early stage because of the development of the financial services industry.

   Many people in later generations like to compare Hong Kong with Singapore, because the two have many similarities. For example, the two cities have similar populations, similar geographical environments, and both implement a capitalist system.

   However, most people in later generations generally believe that Singapore is better and more comprehensive than Heungkong. Singapore has more advantages than Heungkong in terms of economy and living environment.

  Especially in the 21st century, as the financial center of Asia, Hong Kong is almost the same as Singapore in terms of GDP, which undoubtedly makes the speech more inclined to Singapore.

  Since the 1960s, Singapore and Hong Kong have undergone the transformation from labor-intensive industries to economic-intensive industries, and now they have begun to transform into capital-intensive industries.

   In this transformation, Heung Kong chose to transform into the financial service industry. According to the development of later generations, Heung Kong finally became the third largest financial center after New York and London, and its transformation was undoubtedly a success.

   While Singapore chose to upgrade its own industry, it vigorously developed service industries such as financial tourism. Although Singapore did not become an Asian financial center in the end, it did not fall behind Hong Kong in terms of economy.

   You must know that Singapore does not have a billion people on the mainland behind it. Supporting its economic development mainly depends on its own efforts.

   After the transformation of the financial service industry in later generations, Heung Kong missed too many opportunities, thus making it have more advantages than Singapore, but did not throw it away, which was undoubtedly a slap in the face.

  In the early 1960s, Singapore was just a tiny land with extremely scarce resources and a backward industrial base. With the rapid industrialization of the construction of industrial parks, it quickly completed the first stage of industrial transformation and became a labor-intensive manufacturing base.

  In the 1970s, Singapore’s economy developed rapidly, and in the competition with the newly emerging Hong Kong and Bay and South Korea in the Asian region, the second stage of economic-intensive industry construction was completed.

  With the rapid economic development, labor costs have gradually increased. The Singapore government is worried that it will rely too much on cheap foreign labor and produce products with low added value, which is not conducive to long-term economic growth.

So in the 1980s, Singapore began to seek a third transformation like Wanwan, South Korea and Hong Kong. Unlike Hong Kong, which took the urgent financial service route, Singapore chose the route of Wanwan and South Korea, focusing on chemicals, machinery and transportation equipment. Manufacturing and other capital and technology-intensive industries will be transformed.

  The other three of the four Asian tigers are firmly committed to upgrading their industrial manufacturing. Only Xiangjiang chooses to de-industrialize and entrust its own development to others, which is not a good thing in the eyes of many.

  Xiangjiang's transformation into the financial services industry is comprehensive and thorough, leaving no room for itself.

Whether    can become an Asian financial center, at least the current people of Hong Kong, even the Governor's Office, can't guarantee that, after all, Tokyo, an island country, is not much worse than New York and London.

   Based on this, Yang Chen launched the plan to build a high-tech industry chain in Heungkong at this time. He knew that once the complete transformation of Heungkong's financial services industry was completed, if he wanted to launch this plan, he would undoubtedly face huge obstacles.

It's just right now, taking advantage of the good relationship between him and the British royal family, and the privatization reform of the United Kingdom is at the most critical moment, there are a lot of cheap can be taken, and a large amount of investment can be used in the shortest time. The construction of the high-tech industrial chain stand up.

With an investment of   100 billion US dollars, the foreign exchange of the entire Xiangjiang has not reached so much. Yang Chen's shot, Rao is that everyone is used to his style of behavior, or it is unclear.

  100 billion US dollars of investment is enough to build a super-large industrial cluster in Hong Kong. Houshiwan, Singapore and South Korea all realize the local industrialization of their own technology by absorbing foreign technology, and finally form an industrial cluster with international competitiveness.

  In the future, with the development of science and technology and the renewal of the times, the more high-tech products, the higher the requirements for production technology.

  Why Foxconn can produce so many electronic products on behalf of later generations, and all major brand-name mobile phones are produced by it, is it just because Foxconn has low cost?

   In fact, the more high-end products, the higher the requirements for production technology. Sometimes you must not underestimate the outsourcing industry. When the outsourcing industry reaches a certain scale and can generate its own technology, it can in turn form its own advantages.

The semiconductor industry of Wanwan was originally dependent on foreign technology. Later, with the upgrading of technology, after Wanwan understood the core technology, as the products became more and more refined and the technology became higher and higher, the demand relationship Converted immediately.

  The famous TSMC, in the field of wafer foundry, occupies most of the world's share, directly forming a monopoly, which is the best example.

   In fact, the front shop and back factory model of Xiangjiang’s previous life is very good and very effective, but it is a pity that Xiangjiang masters all low-end technologies.

  What kind of clothes and shoes, etc., there is no technical advantage at all. Others can learn it as soon as they learn it. When the inland is not fully open, Xiangjiang has an export advantage, which is no problem.

   However, as the inland becomes more and more open, and after the development of Shanghi and the special zone next door to international standards, the advantage of being a middleman has disappeared, and there is no market for the front shop and the back factory.

  To master it, you must master high-end technology, take advantage of Heung Kong's special advantages, absorb foreign core technologies, and then establish industrial clusters in the inland with lower labor costs.

   In this way, the front shop and the back factory can effectively continue.

  ——

   (end of this chapter)