New Reply

Post a Reply

Thread: Document: Shanghai-YangZi River Delta vs. HongKong-Pearl River Delta

Title: (100 characters at most)

Content: ( 3,000 characters at most, please )

You can add emoticons below to your post by clicking them.

[quote=MARRIE,364930]The two cities do not in reality compete directly with each other.  While there are areas of overlap, there are, in fact, more areas of mutual benefit and there is room for better coordination.  However, while the cities if taken in isolation do not compete directly with each other, their respective hinterlands of the Pearl River Delta and the Yangtze River Delta, are very much in competition.

THE TWO DELTAS
It is indeed important to realize that Hong Kong and Shanghai in isolation could not achieve what they have today, or what they aspire to be tomorrow.  It is only by close cooperation and integration with their respective hinterlands can both cities attain their true and full potential.  The combination of a sophisticated and professional hub, a skilled and cost effective manufacturing centre and a maturing consumer base creates a competitive and efficient regional centre for growth and prosperity.  In a nutshell, the formation and maturing of the Pearl River and Yangtze River Deltas has not only contributed to the overall development of China, but also to the continued development of Hong Kong and Shanghai.

The development of the Pearl River Delta began in 1978 as China started to open its doors to overseas investors. Since 1978 about 30% of foreign investment into Mainland China went to the Pearl River Delta area.  While it was not the cheapest place in China for manufacturing activities, it became certainly the most efficient, professional and therefore cost effective.  Per capita GDP in the region is more than 3 times the national average and twice that of Guangdong province as a whole.  Even excluding Hong Kong and Macau, the Delta accounts for 7% of the nation’s GDP with 2% of the nation’s population.  The Pearl River Delta area is economically vital to Southern China.

[/quote]

characters left

Name:

Get a new code