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Thread: Document: Shanghai-YangZi River Delta vs. HongKong-Pearl River Delta
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[quote=MARRIE,364933]The Pearl River Delta today retains a leading position over Yangtze River Delta. After all, PRD have a more established infrastructure, a 25 year track record of business operation, and close proximity to Hong Kong which itself is more established and better positioned in the international business community. One particular factor of success which I believe to be critical, but yet unheralded, is the tremendous effort by various authorities in the Pearl River Delta in maintaining the necessary working relation with each other. One must not underestimate the complexity of multi jurisdiction cooperation. Let’s us not forget that Pearl River Delta actually consists of one provincial government, one Hong Kong government, and numerous municipal authorities like Guangzhou, Shenzhen, Zhuhai, Donguan, Shunde..…etc. In addition, there are various disciplines within these jurisdiction including customs, border control, port authorities, transportation, and industrial concerns. The fact is that all these parties have been working with each other for some 25 years. This is no easy feat, nor can it be duplicated overnight. Indeed, Yangtze River Delta is relatively young. With ten times the area, almost three times the population to that of PRD, and in addition, the involvement of the Shanghai Government, two provincial government and a largest number of municipal authorities, the success of YRD will also hinge on the ability of these parties to grow and develop together. Those of us in PRD must however continue to improve ourselves. I believe that further success would come from even greater cooperation between the Hong Kong government and Guangdong Provincial government. Certainly, the recent government sponsored CEPA points to this direction. We need strong provincial government leadership in this endeavour. For the various local government within the Delta, I urge that all measures be taken to evaluate investment environment. Capital is always liquid. Competition for fixed asset investment can come from within Mainland China or that of foreign countries. It is critical that the investment environment is attractive enough to lure domestic and international investors. This evaluation should be a continuous and unending exercise. For the Hong Kong government, I believe that more effort must be made to improve our position as the virtual and physical hub for the region. To this end, we must upgrade our own physical infrastructure to ensure better connectivity with the entire Pearl River Delta, with a view towards harnessing potential of the entire Delta, not just for the sake of Hong Kong proper. It is critical for Hong Kong government, working under the “One Country Two Systems” concept, to further integrate Hong Kong into the Pearl River Delta system, and ensure even more efficient flow of people, goods and services between the border. [/quote]
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