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The "Annual Meeting of Chinese Business Leaders-2010 - Hong Kong Forum" co-sponsored by the Hong Kong Trade Development Council and China Entrepreneur Magazine was held in Hong Kong from May 19th to 20th, 2010. Speaking of China’s economy, one could find one or two major trends in the last ten years were enough. In the 1990s, everyone carefully thought about what the major trends of the Chinese economy were. There were two things:
The first is the export boom, which enabled China to find the first bucket of gold and turned China into a world processing factory. The export boom has changed the production model of the global manufacturing industry. This is a crucial step for globalization.
The second major trend is that China has attracted capital and grasped these two trends. In the 1990s, China’s economic characteristics were mostly mastered. Many of these things happened. The Asian financial crisis at that time was also a very big deal. After more than ten years, it is just a wave in the long river of history
In the past ten years, China has also had two major events. One is China’s joining into the WTO, and the second is the real estate boom, which redefines the track of China’s economic development. If these two major trends are captured, I believe that the analysis of China’s economy will basically I caught it. In the process, many things happened, including the oil price jumped from more than ten yuan to more than one hundred like a roller coaster, and now it is back to seven or eighty yuan.
Premier Wen conducted macro-control every year. Ten years later, these things were the waves of history. The real big trend is China's entry into the WTO and China's real estate boom. What is the big trend of China's economy in the next ten years. First, the issue of consumption. In addition to the existing 500 million urban residents, with the improvement of the household registration system and the construction of urbanization, China can create 500 million new consumers. China’s consumption story is not only related China's economic transformation is also linked to the rebalancing of the global economy. The second major trend is that Chinese funds go overseas. I believe that in ten years, the status of Chinese funds in the global world will not be better than those made in China today. Consumer products have less global influence. Today’s theme and the second China’s Trends are linked together. Several small topics are set up on this issue:
1. In what form are Chinese companies going overseas, and what role can Hong Kong play in it. The most talked about companies going abroad is their overseas mergers and acquisitions. In addition to mergers and acquisitions, whether Chinese companies have a good access to the international market and an important way to enter the international perspective, this is a very important topic;
2. In the future, competition in the world will be competition between regions, not between cities alone. In this case, how to integrate Hong Kong with the Pearl River Delta, how to pull up international competition between regions, and how to reach the region into international level;
3. Hong Kong plays a very important role between regions. How do mainland enterprises enter Taiwan, how do they enter Southeast Asia, and what role does Hong Kong play in it;
4. Today, Hong Kong has gradually gained momentum in the mainland economy, and when the opening up becomes larger and larger, where is Hong Kong's own competitiveness? In 5-20 years, what is the form of integration between Hong Kong and the Mainland? . Rather than talking about the core issues discussed by the above-mentioned savvy business wizards, capitalists, banks and financial representatives. They are all business veterans and very experienced. But they are all studying the current mainstream or non-mainstream investment ideas. The company is also willing to listen to the demands of customers, and use the most objective and professional environmental assessment strategies to tailor-made investment and immigration plans for customers.
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