...from 1992 to 2004, is globally well known and this container port industry became one of its vital economic pillars. Such a prosperous development began in 1970s with the boom of manufacturing business activities. The effect on the end of ‘close-door policy’ of China was reflected in early 1990s due to the launching and the rapid development of ports among Pearl River Delta. Hong Kong started to face severe challenges from the neighboring ports, its market share drops significantly since 1997; whereas that of Shenzhen grows rapidly. The goal of this paper is to analysis the current situations of Hong Kong Port and its relationship with neighboring ports in Shenzhen; and to derive possible strategies for Hong Kong to maintain and sustain its competitiveness under these circumstances. Table of Contents Chapter 1: Introduction 1 Chapter 2: Analysis 3 2.1 Hardware 3 2.2 Software 6 2.3. SWOT Analysis 10 2.4 Logistics Synergy (Co-opetition) of Hong Kong Plus Shenzhen 11 Chapter 3: Solutions 12 3.1 Framework Agreement 12 3.2 CEPA 12 3.3 PRD A5 Group 13 3.4 National 12th Five-Year Plan Budgeting 15 3.5 2030 Hong Kong International Airport Master Plan: Hong Kong International Airport – Gateway and Hub 16 3.6 Improve HKIA’s Transhipment Capability: Development of E-Commerce 17 3.7 The role of legislation 18 3.8 Develop Logistics Park 18 Chapter 4: Conclusion 19 References 20 | Chapter 1: Introduction In 1970s, Hong Kong port experienced its...
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...Introduction to Economic Zones “Export else perish “ these are the words of first Prime Minister of India Pt. Jawaharlal Nehru. India being a continent like country having 30 states, more than 1000 languages and world second largest man power having diversified natural conditions right from Rain Forests of Kerala, Ice Mountains of Himalaya, Runn of Kuch to productive land of Bramahaputra has great potentials of world class export worthy products from various industries like Agriculture, Engineering, Chemicals, Software’s, Gems and Jewellry, Pharmaceuticals, Bio technology and many more. During last fifty years, mostly ours exports have been less than our imports and the balance of trade been unfavorable. In 1990-1991 India had faced real pressure on the balance of payment. During this period, exports had stagnated and there was a crisis in foreign reserves which lead to an emergency situation in India. Liberalization policy was announced in June 1991. It is the precious gift of Dr Manmohan Singh to the people of India at a time when the country was in the grip of unprecedented economic crisis and political turmoil. One of the areas in which this policy focused on was on increasing India’s export. And the trickle down effect of these reforms has lead to the advent of SEZ In this age of Globalisation, there is a need for every nation in the world to perform well economically. With the improvements in science and technology and the raising standards of living worldwide...
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...Strength Free Trade port Although Hong Kong is facing other cities’ port to competitive, it still has a lot of strength in this area over other Mainland cities. It will continue to do so in the foreseeable future. Free Trade port is one of the strength to Hong Kong which offers customs convenience to shippers to ship their cargoes. Compare with Guangdong’s port, as regulated by the Chinese Law, some of the large vessels are set with trade protectionist polices. Also, importing and exporting from China generally involves three types of taxes such as Value-added tax, Consumption tax and Customs duties. As a result, Hong Kong benefits exporters and importers with free trade and minimum level of regulations. Thus, they will use Hong Kong for sea transport as the city facilitates then with higher flexibility and better business environment. Zhang, S. (2013). Import-Export Taxes and Duties in China. Retrieved March 19, 2014 from http://www.china-briefing.com/news/2013/03/11/import-export-taxes-and-duties-in-china.html High Connectivity Hong Kong port has a high connectivity to other ports around the world. It is because Hong Kong is located between Europe and Pacific Ocean. It is among the world ports one of the most central ports in port networks. Hong Kong also has deep harbor in South China. It depth around 15.5 meters(Planning Department, 2004). Hong Kong is very closed to Pearl Rive Delta, which is not to our sources. It also one of the world’s largest exporter so...
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...its ports has boosted capacity, improved infrastructure and enhanced transhipment capabilities. Shenzhen and Hong Kong are neighbours. Shenzhen‟s proximity to manufacturing sources, however, has meant that its share of the region‟s trade has grown markedly in recent years. But the Port of Shenzhen should not be viewed exclusively as a competitor: industry is quick to point out that opportunities for cooperation exist. Overall transparency restricts efforts to properly identify and report on the regulatory framework of China‟s ports. Regulation and Incentives The Shenzhen Free Trade Zone offers tax incentives as well as freedom in negotiating and entering into trade contracts. Local governments are empowered to issue incentives on top of central government initiatives. While incentives have traditionally focused on the manufacturing sector, Shenzhen is now encouraging the development of the services and logistics sectors. Incentives provided during the global downturn highlight the existence of a responsive and proactive approach to improving the Port of Shenzhen‟s competitiveness Closer Economic Partnership Agreement (CEPA) CEPA is one of Hong Kong‟s key attributes in taking advantage of China‟s rise. Numerous provisions of CEPA including supplements to the original text have enabled Hong Kong‟s marine sector to penetrate the Chinese market, especially in Shenzhen and the wider Guangdong Province. Future expansion of CEPA and introduction of further maritime-specific...
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...OCEAN PARK HONG KONG Promo Code: P-XBF3D Package includes: - Compulsory HKG city tour (A.M.) on day 2 - FREE 3D Museum Entry Tkt - FREE O/W transfer to HK3D MACAU DAY TOUR DISNEYLAND HONG KONG Promo Code: P-XBFMFM Package includes: Promo Code: P-XBFOP Package includes: - Compulsory HKG city tour (A.M.) on day 2 - FREE Ocean Park Entry Tkt - FREE R/T transfer Promo Code: P-XBFDT Package includes: - Compulsory HKG city tour (A.M.) on day 2 - FREE Disneyland one day pass - FREE R/T transfer - Compulsory HKG city tour (A.M.) on day 2 - FREE O/W HKG/Macau ferry tkt - FREE O/W transfer to ferry pier - FREE Macau Day Tour ( No meal for MFM tour) TOUR FARE CURRENCY IN USD (per pax) FREE FREE HK3D / Shenzhen HOTEL: FREE Ocean Park / Macau Disneyland 3D2N 4D3N 3D2N P-XBF3D / P-XBFSZN 4D3N 3D2N P-XBFOF / P-XBFMFM EXTN / ROOM ONLY 4D3N P-XBFDT per head per night TWN/TRP Newton Place SGL TWN/TRP SGL TWN/TRP SGL TWN/TRP SGL TWN/TRP SGL TWN/TRP SGL SGL/TWN X-BED 139 238 173 306 188 311 223 381 218 351 268 451 80 45 Sofa bed will be FREE provided to the 3rd Guest Jan 03-Jun 30,2016 70 90 95 105 110 10 100 > Mcdo Bfast USD3...
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...Ma Huateng is the founderand CEO of Tencent Holdings, one of the most important telecommunications companies in China(Petruso,2006).In 2007 Time magazine called him one of the world's most influential people(Alon& Zhang, 2013). In 2013, he was the fourth richest person in China, and 223rd richest person in the world with a net worth of US$ 6.8 billion(Forbes,2013).The most famous product of Tencent, QQ, is an instantchatting software, whose number of user is more than 700 million and is still growing rapidly(Alon& Zhang, 2013). After graduated from Shenzhen University, Ma was employed by ShenzhenRunxun Communications Co., Ltd. as a software engineer(Petruso, 2006). There his job gave him an awareness of the possibility of practical software’s research and development.He and four friends founded Tencent in 1998(Petruso, 2006). They felt sodifficult at the beginning as they lacked experienced employees and financial health(Petruso, 2006). What’s more, the free download of QQ attracted many young users, which created problems for them because Tencent could not afford the servers or server space(Petruso, 2006). Ma tried to sell QQ or invited more investors but he failed(Petruso, 2006). Fortunately, before it was too late, American venture capitalists invested 2 million American dollars to keep Tencentafloat(Petruso, 2006). In my opinion, Ma is so successful not only because the reputation or awards he achieved but also his characteristics.First, He is so courageous. It...
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...assignment one Shenzhen International Food festival carnival Name: Yundie Li ID: 21546037 Word count: 1496 Unit code: MGW2200 Tutor name: Rumi Ramkissoon Unit co-ordinator’s name: Judith Mair Date of submission: 26/08/2011 Executive summary It is planning to use foods festival as an example to build event concept, and detailing the purpose, process and the risk of the international food festival. The purpose of this report is developing a concept of event and outlines the timing, location, venue and season. It aims to build up an international food festival which located in Shenzhen, and it will be hold during the period of Chinese spring festival for attracting more local people and tourists, furthermore, the purpose of this international food festival is reunion for family activities, culture, attracting more people come to Shenzhen, increasing the different cultural interaction and stimulating the growth of local economy. Organizers need to design an effective and efficiency market strategy to motivate and attract people to attend and consume in the international food festival, and the participators can be local residents, tourists, chefs and restaurant managers. The international food carnival will be held around 26 January on 2012, and the duration of the food festival is 10 days. During the period of the food festival, it is also the public holiday in China for celebrating the traditional Chinese spring festival. It aims to choose central of Shenzhen which is...
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...Lenovo Group Limited is today the fourth largest personal computer manufacturer in the world Lenovo produces desktops, laptops, servers, handheld computers, imaging equipment, and mobile phone handsets. Lenovo also provides information technology integration and support services Lenovo is a spinoff of the Legend Group, which was established in 1984 by a group of eleven Chinese computer scientists in 1984 in China On 23 June 1988, Lenovo was incorporated in Hong Kong. New technology development company and Chinese technology transfer company co-founded Lenovo of Hong Kong. Lenovo Group used Legend as its English name. The "Lenovo" name was used for the first time. In November 1989, Lenovo Group was formed and Lenovo became the company name. In 1990, the first Lenovo computer was introduced. Lenovo began to manufacture and supply personal computers. Lenovo financed its formation by listing on the Hong Kong stock market in 1994, raising nearly $30 million. Lenovo was traded in overseas financial markets for the first time. In 2004, Lenovo Group changed its English name to Lenovo Group Limited and also became the first Chinese enterprise to join the Olympic Partner Programme of the International Olympic Committee (IOC) as its worldwide computer equipment. On 8 December 2005, Lenovo and IBM signed the contract to buy IBM's PC business. A restructuring followed Lenovo's IBM purchase, which created the world's third largest PC manufacturer after Dell and Hewlett-Packard...
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...Hong Kong (CNN) -- China's extraordinary climb to the world's second largest economy was built on the back of Chinese workers, many of whom left rural farms to migrate for work in coastal factories. But as China's wealth rises, workers are demanding a greater share of the wealth and better access to social services. And as this month's edition of "On China" examines, the young generation of worker are tech savvy, aware of their rights and choosier about where they go for work. "They're on the Internet more ... on especially Weibo, China's social media, Twitter-like thing. They're able to connect with others, see what others are doing," William Nee of China Labor Bulletin, a Hong Kong-based NGO which defends workers' rights, told CNN. "And in cases where there are strikes or things like that, they can put it out there on Weibo and other people can learn about it," he said. "They can look online for labor rights and labor contract law." China's migrant misery Achieving the 'Chinese dream' Behind the scenes at China's NPC China's migrants struggle On China: Consumption booming One of the greatest issues for China's 250 million migrant workers is the "hukou" system of household registration. Migrant workers often can't register in the cities where they work, and subsequently can't qualify for social services such as public education or social security. "When I talk to migrant workers about a vast array of problems, I think, this usually rises to number one," Rob...
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...country’s economy in 1979. Today, China has become the second largest economies ranking after the USA. China’s GDP is growing at 10 percent in the recent 10 years. How did this happen? Globalization! Of course the Globalization has two types integration: positive and negative to different stakeholders such as local companies, the foreign companies, the government, the workers and the environment on different aspects including technology, trade, off-shoring, migration and environmental pollution. In the early 1980’s, the Chinese government opened several special zones along the coast, especially the south part of Guangdong province. The Shenzhen special economic zone became the fastest developing region of China. Before the government changed the economical policy, Shenzhen was just a village where people rely on fishing for living. However, Shenzhen...
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...1. Find an example of an operation in your local community that has been successful in simultaneously achieving two or more operational objectives, i.e. cost, quality, delivery, and flexibility. Comment on how this operation has been able to achieve these seemingly conflicting results. Huawei Technologies Co. Ltd. is a Chinese multinational networking and telecommunication and service company headquartered in Shenzhen, Guangdong. It is the largest telecommunications equipment maker in the world, having overtaken Ericsson in 2012. Huawei has been helping operators to solve IT transformation issues based on the in-depth understanding of the telecommunications business for many years, in recent years, cloud computing, continuous innovation on network virtualization and global best practice make Huawei become the best IT strategic partner for the operators. Huawei’s strategic partnership-based IT operation and transformation management are helping operators to efficiently operate the existing IT systems and providing management for operator's IT transformation also helping operators to expand new business areas such as enterprise cloud. 2. Using newspapers, magazines, or the internet, find examples of operations and supply chain strategies. Write a few paragraphs describing the situation and the strategies begin pursued. (1) Operations Strategy Wal-Mart is one of the most successful and largest retailers in U.S. history. From 1945 to nowadays, it's operations strategy is...
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...Pack-A-Card Gift Card Packaging Company Marriott School Of Management 2008 1 of 1 Pack-A-Card GIFT CARD PACKAGING COMPANY "The possible benefits make this proposal very tempting," mused Mr. Craig Hunt, "but how would it affect the other areas of the business?" In a recent planning meeting held in July 2008, production manager, Ms. Ching, proposed that Pack-A-Card (PAC) Gift Card Packaging Company adopt a level-production strategy for the next year. PAC's sales were seasonal and the company, therefore, produced on a seasonal basis. By switching to level production, Ms. Ching hoped that production costs could be minimized. Pack-A-Card Gift Card Packaging Company designed and manufactured a variety of gift card packages with tin boxes for large retailers and department stores. Each year PAC produced from 15 to 20 formats of gift tin boxes in a broad range of designs. Dollar sales of a particular design varied by as much as 25 to 35% from year to year depending on fashion trends, color preferences, and consumer spending patterns during the Thanksgiving and Christmas Holiday season. The manufacture of gift card packaging was a highly competitive business. The manufacturing process was relatively simple and capital requirements were not large. Because design, price, and functionality were so important to consumers, competitive pressures on smaller firms were intensified by the existence of a number of large international manufacturers. These large manufacturers had ample financial...
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...12311111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111OMA has recently completed some of its most important projects, including the Shenzhen Stock Exchange and CCTV headquarters. Projects under design and construction include the Taipei Performing Arts Centre, the Tencent headquarters in Beijing, and the SSI Tower in Jakarta. [pic] The firm is structured in such a way that it does the designs where its clients are, as the design strategy is very much based on communication with clients. Hence, OMA has its design centre in Hong Kong which operates throughout Asia, Australia and New Zealand. “Hong Kong is the design centre for this part of the world,” David Gianotten, Partner – Architect of OMA said. While the design teams are based in the city, Gianotten and his team travel to see clients regularly, and Hong Kong is convenient in this regard. “It has one of the largest airports in the region, direct flights to almost everywhere within four to five hours. Also, the city attracts people, enabling us to find good talent and get them to move to Hong Kong. This helps create the cultural mix of people that we need to sustain our office. In other places in Asia that would be more difficult, because people may not want to live there and the creative industries are not as well-developed as they are in Hong Kong,” Gianotten said. OMA chooses its projects carefully and prefers to grow organically with quality rather than quantity being...
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...I Am a U.S. Citizen How Do I… Help My Relative Become a U.S. Permanent Resident? A1 Customer Guide M-555 (January 2013) N As a citizen of the United States, you may help a relative become a lawful permanent resident of the United States by obtaining what is often referred to as a “green card.” To do so, you need to sponsor your relative and be able to prove that you have enough income or assets to support your relative(s) when they come to the United States. You begin the process by filing Form I-130, Petition for Alien Relative. This form establishes the family relationship that exists between you and your relative. The form is available on our website at www.uscis.gov. Sometimes the I-130 can be filed together with an application for permanent residence (Form I-485, Application to Register Permanent Residence or Adjust Status). This is discussed below. Which relatives may I petition for? A U.S. citizen can file a petition for the following relatives: • Husband or wife; • Children, married or unmarried.1 A U.S. citizen who is at least 21 years or older may also petition for the following relatives: • Parents; • Brothers or sisters. When you submit your petition, you are required to provide evidence to prove your relationship to the person for whom you are filing. What does the petition do for my relative? Filing a Form I-130 and proving a qualifying relationship gives your relative a place in line with others waiting to immigrate from the same country or region based...
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...My effort to fit in American culture My idea of what American culture has changed greatly since I have emigrated from my home land of Mongolia. As an undergraduate student, I participated in American studies and English as a secondary language. This did not prepare me for the cultural shock and social obstacles that I would have to overcome. My goals of establishing a new life and fitting into the melting pot of the American culture were highly understated and unrealistic. It was a dark and rainy day when I first arrived at O’Hare International Airport. When I arrived in America, I had a student visa, a partial scholarship, and five hundred dollars in my purse. I had confidence that I could pay the remainder of my tuition, living expenses, and book fees with a part time job. I was quick to learn that my visa did not open the doors to my expectations. The bureaucratic cultural restrictions were about to make a lasting impression on all my expectations and plans. According to the homeland security regulations, a foreign student must have a work permission document to earn any kind of supplemental income. If I was given a waiver, I would then be restricted to work no more than twenty hours a week. The college I was planning to attend had a strict policy that did not allow international students to be employed, even on a part time basis. I then learned that any student who did not have a proper documentation could not obtain a social security card. I found myself in...
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