Technological Development in Hong Kong

All social creative behaviors are the work of creators, and each time they continue to advance, they will improve their development capacity. Life consists of constantly creating new realms, and it is independent and endless.

At present, under the globalization of the world economy and the domestic “Belt and Road” policy, the development of science and technology is a major beneficial factor in promoting and promoting economic development. Hong Kong is one of the official departments of the Special Economic Zone of China. The Chinese official administration has adopted a “one country, two systems” policy for this city, and has not intervened in economic and political self-care for a certain period, thus promoting the economic development of the city.

Open free trade policy is a great advantage for this metropolitan service industry. Goods from all countries in the world can freely enter and leave this city container port. The metropolitan investment and clearance procedures are simple, public facilities and services are complete, business environment competition is relatively fair, coupled with liberal and liberal economic policies, and the talent admission in hong kong support that more talents have been introduced into the service industry and technological innovation industries.

At present, this metropolitan technology industry and service industry still need to find deficiencies in the process of continuous development and improve them to cooperate with the national official administration’s help to the city for better development.

Comparison of domestic economy and Hong Kong economy

The Third Plenary Session of the Central Committee of the People’s Republic of China was held nationwide, and China began to implement internal reforms and open policies. The initial implementation of the domestic reform policy was the implementation of the “family-to-household, self-financing” “family contract responsibility system”, which opened the prelude to China’s “internal reform” and promoted development process.

Later, the central office department formally implemented special political strategies and flexible management measures in the foreign economic activities of Guangdong and Fujian provinces, which greatly promoted the development of “reform and opening up”.

China’s economy has also had a huge historical turn in the future. Here is a list for everyone to see.


China’s economic development began with the opening up to the outside world, from the establishment of special economic zones to the development of open coastal cities, and then to the establishment of coastal economic houses, which deepened the economic development between coastal and inland cities, and promoted the economic development of the mainland with coastal economic development;

2.Special Economic Zone

Special economic zones are Shenzhen, Zhuhai, Xiamen, Shantou, and Hainan Island. Within ten years of opening up as a special economic zone, Shenzhen has gradually been built into a modern, first-class, prosperous city, a representative city in the special economic zone, and enjoys the reputation of a “window for China’s opening up”.

3. Implementation of opening ports

1). First Class Ports:

The first-class ports are mainly centrally-managed ports and port cities managed by provinces, autonomous regions, and municipalities, including Beijing and Tianjin ports, Shijiazhuang, Qinhuangdao, and Tangshan in Hebei.

2). Second Class Ports:

The second-class ports are mainly cities approved and opened by the provincial people’s governments at all levels.

3). Airports:

Airports include cities such as Lhasa, Tianjin, Dalian, Shenyang, Wuhan, Shenzhen, and Meizhou.

4). Railway ports:

Railway ports include cities such as Dongguan, Guangzhou, Harbin, and Zhengzhou.

5). Highway ports:

Highway ports include Huanggang Port of Entry, Dongning Port of Entry and other cities.

In the many years since the implementation of the “reform and opening up” policy, China has made great progress in various economic, technological, and educational developments, greatly reducing the gap between the rich and the poor in China. The representative measure is a five-year plan.

The implementation of the five-year plan is that a Chinese economy is a unit for five years, and a small goal of China’s economic development is completed every five years. The purpose is to stimulate the development of China’s rural economy, shorten the gap between the rich and the poor between cities and rural areas, and comprehensively improve the national economy. Quality and social civilization, to improve China’s various aspects of the system is more mature and stable.

The process of Hong Kong’s economic and technological development

The metropolis was previously under the jurisdiction of the British official department, but China has absolute political management of the city after the return. The Chinese official department has adopted a policy of non-intervention in this city’s politics, economy and trade management for a period, which has strengthened the degree of opening up of the Pearl of the Orient in economic and technological development.

1. Reform and Opening Up Changes to Hong Kong

With the “reform and opening up” policy implemented by China, the rapid development of the technology industry with the main feature of providing intellectual services, especially the rise of the high-tech industry, has established the vigorous development of this international metropolitan technology industry and service industry. The rapid development of its finance, shipping, free trade, and tourism economy.

2.Implementation of the five-year plan

Since the Chinese Official proposed the “Five-Year Plan”, it has also promoted the economic development of the Pearl of the Orient. For example, the establishment of Shenzhen, Guangzhou and other economic regions. The economic development of the two special economic zones, Shenzhen and Guangzhou, has promoted the economy between this city and the Mainland The connection has promoted the development of the technology industry.

3.Hong Kong government’s market intervention

The introduction of science and technology talents by the city’s official administration has promoted the technology service industry, such as technology information technology, technology implementation technology, technology trade technology, technology financial technology, and business incubator technology. Among them, the metropolitan governors’ intervention in these types of technology industries and the introduction of talents have greatly promoted the technology development of the “Pearl of the East”.

4.Hong Kong International Finance Centre

The hong kong financial hub has gradually ranked No.3 global financial center, which is very attractive to foreign and mainland technology companies. It has strengthened the connection between the mainland and the city, and also promoted the development of cooperation between the mainland and the international market. The development of the economic situation has also directly affected its demand for technology infrastructure and technology companies and promoted this metropolis technology development.

Hong Kong’s technology has never been an independent individual and needs the complementarity of various industries. Nothing can exist alone, and it needs the help of various fields to develop better.

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