There are also a lot of housewives and child worker who take goods from
factories for re-processing at home. The most conservative estimate of
there is well over 300,000 (total of unlicensed factories, wood house
factories, housewives and child labour). This, together with the figure
of 1,100,000 as announced by the Labour Department, the number of people
depending on industry as their livelihood directly or indirectly will be about
4 millions in both Hong Kong and Kowloon. No matter how well the development
of the transit trade, tourist service and other services will be, they are
not able to cater for the employment of over one million workers.
etc.
The neighbouring areas such as South Korea, Taiwan, Singapore,
are developing their industry later in time than Hong Kong. But under
the support of their respective governments in the supply of cheap industrial
sites, low interest loans, training of skilful working-hands, improvement
of machineries, etc. in a short period of 10 odd years, their development
is stronger than Hong Kong. Cheap price, good quality. The price of their
products in average is 30% cheaper than that of Hong Kong, thereby taking away
not a small portion of the Hong Kong market. Other neighbouring districts arE
also keen in developing their indsutries.
Hong Kong's rival in industry.
They in the near future must become
i.