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Analysis of the development of the Hong Kong industry in comparison with the structure of the Shanghai industry

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DOI: 10.23977/ferm.2021.040308 | Downloads: 12 | Views: 154

Author(s)

Ruyun Deng 1

Affiliation(s)

1 South China Normal University, Foshan 528225, China

Corresponding Author

Ruyun Deng

ABSTRACT

In recent years, Hong Kong's economic growth has slowed down. In order to adapt to the changing times and maintain its advantages and position, Hong Kong needs to restructure its industry in time to seize the opportunities and meet the challenges. Similar to Hong Kong, which is in the Pearl River Delta economic circle, Shanghai is located in the Yangtze River Delta economic circle with rapid economic development. Against the backdrop of enhanced connectivity between Hong Kong and the Mainland, analyzing the changes in Shanghai's industry structure and the characteristics of its contemporary structure, and identifying the similarities and differences between them, we can get some suggestions for the development of Hong Kong's industry, thereby promoting the common progress of Hong Kong and Shanghai.

KEYWORDS

Industry structure, Shanghai and Hong Kong, Comparison

CITE THIS PAPER

Ruyun Deng. Analysis of the development of the Hong Kong industry in comparison with the structure of the Shanghai industry. Financial Engineering and Risk Management (2021) 4: 49-53. DOI: http://dx.doi.org/10.23977/ferm.2021.040308

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