A Comparative Study of Hong Kong and Regional Cities

Main Article Content

Yuxuan He
Yiluo Shao
Jiaxiu Li

Keywords

regional financial center, Hong Kong, Shenzhen, Singapore, Tokyo, economic history, comparative study

Abstract

From a desolate island to a window bridge between China and the world, Hong Kong has surpassed Singapore and South Korea step by step to become the third world financial center after New York and London. The article analyzes the economic development history of Hong Kong and compares it with Shenzhen, Singapore and Tokyo, analyzes it from the perspectives of historical geographic factors, GDP, national policies and changes in industrial structure, and draws out the differences between Hong Kong and the other three cities in terms of economic development, and analyzes the impacts that these differences bring to Hong Kong's economy, and predicts Hong Kong's development prospects.

Abstract 63 | PDF Downloads 17

References

Lin, F. R., & Huang, J. Y. (1988). The impact of population growth on socio-economic development in Hong Kong. Regional Research and Development, 7(1), 35-39.
Luo, S. (1994). Evolution and development of Hong Kong's international financial center. Journal of Pingdingshan College, (2), 12-30.
Su, R. F., Wang, Y., & Mi, G. (2008). Changes in the demographic structure of Singapore. Nanyang Materials Translation Collection, (4), 39-58.
Xiong, L. (2008). Evolution of financial institutions and industrial development in Shenzhen. Financial Times, 12-15.
Zhang, R. (1994). The formation of Hong Kong's international financial center and its impact. Journal of World Economy, (3), 6-15.