TNAG-1873-FCO40-2661-Relations-between-Hong-Kong-and-China-1989 — Page 172

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CRC INF 14/88

(CEC 8/88)

Economic development in Guangdong and its implications for Hong Kong

Background

Guangdong's economy and industrial sector

(a)

Historical growth performance

(b) Foreign investment

(c)

Stability

Guangdong's economic development strategy

Paragraph

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8 9

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(a)

Quantity increase versus quality

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improvement

(b)

Export orientation versus

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import substitution

(c)

Role of foreign investment

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Guangdong's spatial development strategy

(a)

Concentration versus dispersal

(b) Spatial relation of Guangdong to

Hong Kong

Economic dependence of Guangdong on Hong Kong

(a) Production

(b) Marketing

w

'Implications for Hong Kong the possibility

of Guangdong becoming a serious competitor

(a) Short to medium term future

(b)

Long term future

G.F. 326

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