Preview

Influence to Hong Kong as an International Logistics Hub

Best Essays
Open Document
Open Document
4681 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Influence to Hong Kong as an International Logistics Hub
[pic]

Influence to Hong Kong as an international logistics hub
- under the “Framework Agreement on Hong Kong and Guangdong Co-operation”

| | |
| | |
| | |
| | |
| | |

Influence to Hong Kong as an international logistics hub
- under the “Framework Agreement on Hong Kong and Guangdong Co-operation” cvnru1ulicenen6.iewst4d)0/su18.4h06k244-055322175 (on
ABSTRACT On 7 April 2010, The Chief Executive, Mr Donald Tsang, and the Governor of Guangdong Province, Mr Huang Huahua, signed the Framework Agreement on Hong Kong and Guangdong Co-operation. The Framework Agreement builds on years of closely co-operation between Hong Kong and Guangdong. This report reviews the development of Co-operation Agreement between Guangdong and Hong Kong and the implementation of Hong Kong’s logistics industry based on the agreement. To fully understand this Framework Agreement, we explore the challenges confronting Hong Kong as an international logistic hub and eventually acquire some benefits through the co-operation of Hong Kong and Guangdong.

REVIEW THE DEVELOPMENT OF CO-OPERATION AGREEMENT BETWEEN PEARL RIVER DELTA AND HONG KONG
The Mainland and Hong Kong Closer Economic Partnership Arrangement - CEPA (signed on June 2003)
CEPA introduced liberalization measures for various “Hong Kong service suppliers”. Logistics industry is one of the “Hong Kong service suppliers” and recognized to set up wholly-owned enterprises in mainland to provide logistics, international freight forwarding, storage, warehousing, road transport and shipping services. This arrangement not only provided opportunities to Hong Kong logistics companies to access mainland market



References: Trade and Industry Department “Supplement to the Mainland and Hong Kong Closer Economic Partnership Arrangement” Retrieved 27 Sept, 2011 from http://www.tid.gov.hk/english/cepa/legaltext/cepa2.html Trade and Industry Department “The CEPA benefits Hong Kong economy, January 5, 2006” Retrieved 27 Sept, 2011 from http://www.tid.gov.hk/english/aboutus/presspeech/press/2006/20060105.html Digital Trade and Transportation Network (2005) ”Tradelink announces agreements with the HKSAR Government on the Digital Trade & Transportation Network (DTTN)” Retrieved 26 Sept, 2011 from http://www.hk-dttn.com/events/english/050901_Agreements_DTTN_E.pdf Digital Trade and Transportation Network (2006) “Microsoft and DTTNCo Join Hands to Enhance Supply Chain Efficiency in Hong Kong” Retrieved 26 Sept 2011 from http://www.hk-dttn.com/events/english/Microsoft-DTTNCo%20Press%20Release_Eng.pdf Digital Trade and Transportation Network (Nov 2004) “Approach for Digital Trade and Transportation Network (DTTN) Document Structure Development” Retrieved on 26 Sept 2011 from http://www.hk-dttn.com/advisory/english/doc_dev_v0.2.pdf Hong Kong Economic & Trade Office in New York(2010) “Hong Kong, Guangdong sign cooperation pact” Retrieved on 27 Sept 2011 from http://www.hketony.gov.hk/ny/e-newsletter/10mar/CoopPact.htm Highways Department (Oct 2009) International Business Committee “Hong Kong - Zhuhai - Macao Bridge” Retrieved on 28 Sept 2011 from http://www.nzcchk.com/IBC%202009%2014%20-%20Hong%20Kong%20Zuhai%20Macau%20Bridge%20Project.pdf Legislative council brief (2010) “Hong Kong Section of Guangzhou – Shenzhen – Hong Kong Express Rail Link ( XRL )” Retrieved on 1 Oct 2011 from http://www.legco.gov.hk/yr09-10/chinese/panels/tp/tp_rdp/papers/tp_rdp1022cb1-166-1-ec.pdf Legislative council brief (April 2008) “Hong Kong section of Guangzhou – Shenzhen – Hong Kong Express rail link” Retrieved on 1 Oct 2011 from http://legco.gov.hk/yr07-08/english/panels/tp/tp_rdp/papers/tp_rdp-thbtcr11658199-e.pdf Transport and Housing Bureau (May 2011) Speech of the Secretary for Transport and Housing at a shipping community luncheon in Korea. Retrieved on 1 Oct 2011 from http://www.thb.gov.hk/eng/psp/speeches/transport/maritime/2011/201105311.pdf Hong Kong Export Credit Insurance Corporation (2010) “Highlights of the Framework Agreement on Hong Kong/Guangdong Co-operation” Retrieved on 6 October 2011 from Luo, Z. (2010), Service Science and Logistics Informatics: Innovative Perspectives, 1st edn., IGI Global snippet, US. Waters, D. (2010), Global Logistics: New Directions in Supply Chain Management, 6th edn., Kogan Page Publishers, UK. Legislative Council (2010) ”Legislative Council Panel on Commerce and Industry Framework Agreement on Hong Kong/Guangdong Cooperation” Retrieved on 6 October 2011 from

You May Also Find These Documents Helpful

  • Satisfactory Essays

    China is a country that has been in development for the past few years. One of China’s main contributors to its growth is the United States’ companies that have stationed factories within China to avoid the higher costs of paying Americans for labor. Prince Industries is an example of a metal parts manufacturer that has outsourced to China for lower costs and thus higher profits. Companies also outsource to developed countries such as Hong Kong. Some of these companies would include: Microsoft, Nokia, Coca-Cola, Intel, and Walt Disney. Hong Kong has been outsourced to because its legal systems are preferable to China’s as well its as low cost tariffs towards foreign countries. The position of the island is ideal as well in the center of the Asia-Pacific land mass.…

    • 412 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The international economic landscape has and is dominated by the United States. However a new player is emerging. China over the past couple of years has sprung onto the national scene. These two countries are the top exporters and importers in the world with around $7.5 trillion in goods traded, according to a 2012 WTO study. They are also some of the largest import or export partners between each other trading approximately $536 billion being exchanged between the two countries. As the United States and China move forward into the next couple of years analyzing the past trends will allow for smarter decisions to be made. The research included will be drawn from data around the last 15 years with more accurate data regarding sectors being added in the closer to present we present. Topics covered will be:…

    • 409 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The policy enable trading with all of china’s markets as well as respecting Chinese territorial integrity through the hands of the then secretary of…

    • 847 Words
    • 4 Pages
    Good Essays
  • Best Essays

    China Compare to Australia

    • 3390 Words
    • 14 Pages

    References: Australian Chambers of Commerce And Industry, 2004, Australia-China Free Trade Agreement, ACCI, Viewed 25th August 2010 <http://www.acci.asn.au/text_files/issues_papers/Trade/AustraliaChina%20FTA%20_September%202004_.pdf>.…

    • 3390 Words
    • 14 Pages
    Best Essays
  • Better Essays

    BMGT 392

    • 1330 Words
    • 6 Pages

    News, B. (2011, June 16). BBC News - Regions and territories: Hong Kong. Retrieved September 16, 2011, from BBC News: http://news.bbc.co.uk/go/pr/fr/-/2/hi/asia-pacific/country_profiles/3650337.stm…

    • 1330 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    ChengYang. (2014). China issues white paper on policy in Hong Kong. Xinhua. Retrieved from http://news.xinhuanet.com/english/china/2014-06/10/c_133396220.htm…

    • 3589 Words
    • 15 Pages
    Powerful Essays
  • Best Essays

    Kemenade, W. v. (1997). China, Hong Kong, Taiwan, Inc - the dynamics of a new empire. London, UK: Little, Brown and Company.…

    • 2933 Words
    • 12 Pages
    Best Essays
  • Better Essays

    Following the transfer of Hong Kong from the British effectively ended many remnants of British imperialism in China, and in the process ended much of Britain’s involvement/power in Asia. The turnover has also given China control over one of the world’s leading financial institutions, thus improving not only its economic standing but also its ability to use soft power. The opposite could be said for the effects on the United Kingdom, where the turnover effectively halted their control over the economic powerhouse and ushered in a new era of Anglo-Chinese relations, yet this is not necessarily a bad thing. Since the turn over of Hong Kong from England, relations between China and the United Kingdom have improved and a larger bond has come about.…

    • 1494 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Potential essay topics

    • 286 Words
    • 1 Page

    3. Evaluation of the Cross-Strait Agreement on Trade in Service between mainland China and Taiwan…

    • 286 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Hong Kong is currently under the rule of the PRC as a special administrative region, with the practice of ‘One country, two system’. Hong Kong exercises capitalism under the rule of the British government and thus continues its practice after the handover. Hong Kong is closely located to mainland, showing her essential role in the economic coordination. The number of cross-boundaries cooperation has been increasing steady, and today, Hong Kong and mainland develops an inseparable relationship in terms of political, economical and social aspect.…

    • 4336 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    On November 21st, 2011, the United States and China signed a intellectual property framework agreement in order to address some of the intellectual property issues that have plagued economic relations between the two countries. The agreement called for both countries to open up a constructive dialogue regarding intellectual property issues, as well as for the formation of a third party task force that would enforce the framework and see to the interests of both parties. In 2010, China and Taiwan set in place a similar intellectual property agreement, with the parallel objective of dealing with intellectual property as it related to trade issues across the strait. The results of these two agreements have been relatively opposite. While the former has done little, if anything at all, to alleviate the U.S. and China’s disagreement regarding intellectual property rights, the latter agreement has been quite successful, with “more than 14,000 patent applications have been accepted by both sides” and has helped to deepen cross-strait relations on both sides.”1…

    • 7544 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Macdonald, H. M, & Cheng, C.Y., (1983). Trade Regulations: U.S. and China Trade negotiation 64(4) 908-909.…

    • 1764 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    The definitions of crime and law differ from country to country as well as it is also affected by time. For instance, it is not a crime to eat or butcher a dog in Mainland China but it is illegal to do so in Hong Kong (China and Hong Kong are one country but both have their own political and social system, so their definitions and process of crime and law differ) and to consume or trade of opium was legal in Hong Kong before second world war but after that it is criminalized to trade or consume opium in Hong Kong. Today opium is illegal all over the world. Now we can make a point that criminalizing any behaviour by the law is relatively affected by time and space in general. The certain types of behaviour that is criminalized in early days may not be criminal behaviour nowadays and one country that define certain behaviour as criminal, other countries may not define as so. But lethal crimes such as murder, rape and robbery-crimes that have obvious victims and pose clear threats to the security of people and property- are always and anywhere defined as crime (Course guide, unit 1, p.3). To understand this case, first of all, we need to be clear that what is crime and law in basic and going through more examples and criminal perspectives we can conclude ‘only some types of behaviour and not others are criminalized by the law.’…

    • 1561 Words
    • 7 Pages
    Better Essays
  • Good Essays

    International connection is one backbone to maintain the bloom economic growth. To ribbon the road, rail and energy resources to increase the traceability between China and countries along with the sea-based routes, the Chinese President Xi Jinping introduced a “One Belt, One Road” Initiative in October 2013. In the 2016 Policy Address, our Chief Executive Leung Chun Ying mentioned what role Hong Kong should play in the project. He stated that “by leveraging the combined advantages of “one country” and "two systems” industries in Hong Kong”, Hong Kong has its strength competitive advantages as a super-connector between the Mainland China and the worldwide. However, his comments have raised a quite amount of controversies in the society as people’s perception towards the benefits varies to some certain extent. For instance, Agnes Chan, Hong Kong and Macau managing partner for EY believes that the “One Belt One Road” Initiative is a perfect time for Hong Kong to leverage its expertise and unique resources. While regarding the Fitch Rating Report, it explains that this ambitious project may unbalance the commercial development of Hong Kong. In this essay, I will argue that the “One Belt, One Road” Initiative is the ideal springboard for Hong Kong to play to its strengths in the following three aspects.…

    • 1248 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Hk Tax

    • 6392 Words
    • 26 Pages

    Under s8 of the Inland Revenue Ordinance, salaries tax is charged on every person in respect of his income arising in, or derived from Hong Kong from the following sources:…

    • 6392 Words
    • 26 Pages
    Better Essays

Related Topics