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Research on the causes of industry composition and development forecast trend in Hong Kong

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DOI: 10.23977/ferm.2021.040407 | Downloads: 14 | Views: 880

Author(s)

Mi Ziyu 1

Affiliation(s)

1 Faculty of Economics and Management, Taiyuan University of Science and Technology, Taiyuan, China

Corresponding Author

Mi Ziyu

ABSTRACT

Due to the obvious loopholes in the later stage of Hong Kong's "export-oriented" economic development, new situations and new problems emerge accordingly. It is difficult for Hong Kong's industry to adapt to this changing environment. Industry transformation is a major problem for Hong Kong to adapt to the new development. Based on the four pillar industries in Hong Kong and the basic situation of Hong Kong reality, this paper analyzes the problems of Hong Kong's industry structure and describes the existing problems, independently considers the great significance of Hong Kong's industry transformation, and then puts forward specific methods and suggestions for Hong Kong's industry transformation.

KEYWORDS

Industry structure, industry transformation, scientific and technological innovation

CITE THIS PAPER

Mi Ziyu. Research on the causes of industry composition and development forecast trend in Hong Kong. Financial Engineering and Risk Management (2021) 4: 52-58. DOI: http://dx.doi.org/10.23977/ferm.2021.040407.

REFERENCES

[1] Industrial Development Research Network http://www.chinaidr.com/tradenews/2021-03/170219.html
[2] Hong Kong and Macao Studies —— Issue 2,2017
[3], the Office of the Central People's Government in the Hong Kong Special Administrative Region, http://www.locpg.gov.cn/index.htm
[4], Proceedings of the Chinese Academy of Sciences, —— 2020, Issue 3
[5] Communist Party News Network http://cpc.people.com.cn/
[6] Thames World University Ranking

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