An analysis of the challenges and opportunities facing the Hong Kong logistics industry

Hong Kong freight forwarding services have flourished along with China's economic development. Manufacturing activities in the Pearl River Delta (PRD) have provided the Hong Kong logistics sector with many business opportunities. However, due to the changes in the business environment, the industry is facing many challenges: competition from other local logistics companies in China, a shrinking market share on the shipping side, and increasing operating costs. The study aims to answer two questions: will the PRD continue to serve as the manufacturing powerhouse of the world and will exporters in the PRD continue to use Hong Kong:5 airport and port? The findings of this research will help academia and practitioners better understand the opportunities and challenges facing the Hong Kong logistics industry. This research was carried out in two phases. First, the author conducted exploratory interviews with manufacturers, logistics service providers, and government officials. Second, two questionnaires (one for manufacturers and one for logistics service providers) were designed based on the interviews and the literature review. The results of this two-stage analysis indicate that manufacturing in the PRD will continue to demand forwarding logistics support from Hong Kong because the latter continues to offer competitive advantage in several aspects compared with competitors in China. The Hong Kong government's pro-business attitude has helped to maintain Hong Kong's competitive advantage as a logistics hub; thus, the integration of Hong Kong and PRD logistics service providers has further enhanced this advantage in the PRD. Finally, based on these findings, a number of recommendations are offered. The empirical part of the research was completed before the onset of the 2008/9 recession; hence, no reference to its effect has been included in this thesis. The work also excludes any specific reference to the issues of carbon footprints and related environmental concerns because these are not primary issues for the industry as seen by the governments of the PRD region

Liberalizing air cargo services in APEC

This study aims at assessing the link between a more liberal air cargo regime and increased bilateral merchandise trade in the Asia Pacific region, under the auspices of APEC. Using the gravity model and employing the Air Liberalisation Index (ALI) developed by the WTO Secretariat, this paper finds strong support for two hypotheses. First, more liberal air services policies are positively, significantly and robustly associated with higher bilateral trade in merchandise. The results also show that air transport policy matters more for some sectors than for others. A particularly strong relationship is found between bilateral liberalisation and trade in manufactured goods, time sensitive products, and parts and components. Considering the sector found to be most sensitive to the degree of aviation liberalisation, the estimates imply that a one point increase in the ALI is associated with an increase of 4% in bilateral parts and components trade, prior to taking account of general equilibrium effects. These findings have important policy implications. In particular, economies actively seeking greater integration in international production networks could greatly benefit from a more liberal aviation policy regime.Aviation; international trade in services; liberalization; international trade in goods; parts and components trade; production networks; APEC.

The impact of China's WTO membership on its trade via Hong Kong

No abstract available.The original print copy of this thesis may be available here: http://wizard.unbc.ca/record=b128260

The role of government in the restructuring of the Hong Kong economy, 1945-1970.

by Chan, Cheuk-Wah.Thesis submitted in: August 1997.Thesis (M.Phil.)--Chinese University of Hong Kong, 1998.Includes bibliographical references.Abstract also in Chinese.Chapter CHAPTER ONE --- p.1.Chapter 1.1.-- --- The main themeChapter 1.2. -- --- Theoretical backgroundChapter 1.2.1. -- --- The proper role of the state in the economyChapter 1.2.2. -- --- Conception of the development stateChapter 1.2.3. -- --- Politics of defining the role of the stateChapter 1.2.4. -- --- The relative autonomy of the stateChapter 1.2.5. -- --- "The ISH Model-- Institutions, Strategic actions of agents, Historical contingencies"Chapter 1.2.6. -- --- The ISH Model and the economic dynamics in Hong KongChapter CHAPTER TWO --- p.22.Chapter 2 -- --- "Historical Background, Contingency and International Hurricane (from the mid of 1940s to the mid 1950s)"Chapter 2.1. -- --- IntroductionChapter 2.2. -- --- Historical backgroundChapter 2.3. -- --- Conflicts between China and the West (Korean War and Cold War)Chapter 2.4. -- --- Hong Kong's fluctuating economy and the colonial minimal governmentChapter CHAPTER THREE --- p.44.Chapter 3. --- The Dynamics of the Process of Economic Restructuring and the Strategies of the Industrialists (1950s-60s)Chapter 3.1. -- --- IntroductionChapter 3.2. -- --- The path of economic restructuringChapter 3.2.1. -- --- Profile of textiles industryChapter 3.2.2.-- --- rofile of clothing industryChapter 3.2.3. -- --- Profile of toys and plastic industryChapter 3.3.-- --- Strategies of the Chinese industrialistsChapter CHAPTER FOUR --- p.62.Chapter 4. --- Hong Kong Government's Role and Selective Interventions in the EconomyChapter 4.1. -- --- IntroductionChapter 4.2. -- --- Monetary/fiscal policy with colonial biasChapter 4.3. -- --- Housing policyChapter 4.4. -- --- Investment and trade promotionChapter 4.5. -- --- Land and infrastructure developmentChapter 4.6. -- --- Influences on the prices and supplies of foodstuffsChapter 4.7. -- --- Productivity and quality support servicesChapter 4.8. -- --- Inadequate research and development policyChapter 4.9. -- --- Absence of industrial bank and few financial incentives for IndustriesChapter 4.10. -- --- Deficiency in manpower training for manufacturingChapter CHAPTER FIVE --- p.83.Chapter 5. --- The Dominance of British Hongs' in Hong KongChapter 5.1. -- --- IntroductionChapter 5.2. -- --- The historical foundation of the British Hongs in Hong Kong and its political implicationChapter 5.3. -- --- Dominance of the British hongs in Hong Kong in the period of1950-70Chapter 5.4. -- --- "The business activities of the Jardines, Matheson and Co. Ltd. in Hong Kong"Chapter CHAPTER SIX -- --- CONCLUSION --- p.102

The Hong Kong logistics industry and a study of inventory management models with advance ordering.

Yau Man-Kuen.Thesis (M.Phil.)--Chinese University of Hong Kong, 2002.Includes bibliographical references (leaves 222-234).Abstracts in English and Chinese.Chapter Chapter 0 --- Introduction --- p.1Chapter PART A: --- Logistics in Hong Kong 一 Overview and ProspectsChapter A.1 --- Study Objectives --- p.3Chapter A.2 --- Methodology --- p.4Chapter A.3 --- What is Logistics? --- p.4Chapter A.3.1 --- Major Trends --- p.6Chapter A.4 --- Key Features of the Logistics in Hong Kong & China --- p.8Chapter A.4.1 --- China Industry --- p.8Chapter A.4.2 --- National Developments in China --- p.13Chapter A.4.3 --- Hong Kong Industry --- p.16Chapter A.5 --- Growth Trends & Statistics for Hong Kong --- p.25Chapter A.6 --- Competitive Analysis for Hong Kong as a Logistics Hub --- p.45Chapter A.6.1 --- Current Industry Strengths --- p.45Chapter A.6.2 --- Current Industry Weaknesses --- p.46Chapter A.6.3 --- Competitiveness Challenges --- p.47Chapter A.6.4 --- Future Opportunities --- p.51Chapter A.7 --- Changing Conditions and Infrastructure Needs --- p.54Chapter A.7.1 --- Trade --- p.54Chapter A.7.2 --- Technology --- p.56Chapter A.7.3 --- Investment --- p.56Chapter A.7.4 --- Human Resources --- p.57Chapter A.7.5 --- Government and Regulation --- p.58Chapter A.8 --- Recommendations --- p.61Chapter A.9 --- Conclusions --- p.64Chapter A.10 --- Future Work --- p.65Chapter PART B: --- Inventory Management with Advance OrderingChapter Chapter B.1 --- Introduction --- p.66Chapter B.1.1 --- Overview --- p.66Chapter B.1.2 --- Literature Review --- p.69Chapter Chapter B.2 --- Model Formulation --- p.72Chapter B.2.1 --- Introduction --- p.72Chapter B.2.2 --- Mathematical Model --- p.74Chapter B.2.3 --- Preliminaries --- p.76Chapter B.2.4 --- Table of variables --- p.77Chapter Chapter B.3 --- Study of Window Size0 --- p.79Chapter B.3.1 --- Introduction --- p.79Chapter B.3.2 --- Mathematical Model --- p.79Chapter B.3.3 --- Proof of Window Size0 --- p.81Chapter Chapter B.4 --- Study of Window Size1 --- p.94Chapter B.4.1 --- Introduction --- p.94Chapter B.4.2 --- Mathematical Model --- p.95Chapter B.4.3 --- Optimal Ordering Policy for Window Size1 --- p.95Chapter B.4.4 --- Special Case of Uniformly Distributed Demand --- p.109Chapter B.4.5 --- Discussion of Fukuda's Paper --- p.114Chapter Chapter B.5 --- Simulation Study of Window Size1 --- p.120Chapter B.5.1 --- Simulation Models --- p.120Chapter B.5.2 --- Simulation Program Structure --- p.126Chapter B.5.3 --- Simulation Numerical Analysis --- p.131Chapter Chapter B.6 --- Simulation Study of Window Size K --- p.172Chapter B.6.1 --- Simulation Models --- p.172Chapter B.6.2 --- Simulation Program Structure --- p.179Chapter B.6.3 --- Simulation Numerical Analysis --- p.181Chapter Chapter B.7 --- Conclusion and Further Studies --- p.201Appendix (PART A) --- p.204Appendix (PART B) --- p.208Bibliography (PART A) --- p.222Bibliography (PART B) --- p.22

Transportation and access for sub-national island jurisdictions

The overall aim of this paper is to discern lessons from the category of sub-national island jurisdictions (SNIJs) which have in some way exploited and capitalized upon their airspace, territorial waters, seaports and harbours to solve their transportation problems as well as enhance their global economic competitiveness and development. The focus here is on sub-national island territories (larger than municipalities) which have and use, to varying degrees, their formal and informal jurisdictional authority to implement strategies for their own economic benefit. By examining how islanders on SNIJs around the world have secured transportation solutions on their own terms, along with the express or implied cooperation, benevolence and self-interest of their metropolitan patrons, we may construct a lens with which to critically view commonly held perceptions and mythologies long-held due to geography, relative isolation, small size, adverse weather, or any combination of these. In the final section of the paper, transportation options for Prince Edward Island, Canada, are assessed, and conclusions are derived in the light of a perspective shaped by lessons from sub-national island jurisdictions around the world.peer-reviewe

The History and prospect of foreign direct investments (FDI) in Hong Kong.

by Choi Yin-Chi, Chu Kai-Leung.Thesis (M.B.A.)--Chinese University of Hong Kong, 1992.Includes bibliographical references (leaves 81-82).ABSTRACT --- p.iiTABLE OF CONTENTS --- p.iiiLIST OF ILLUSTRATIONS --- p.vLIST OF TABLES --- p.viACKNOWLEDGMENTS --- p.viiiCHAPTERChapter I. --- INTRODUCTION --- p.1An Overview of Hong Kong's Economic Structure --- p.3An Overview of Hong Kong's Urban Development --- p.5Background of FDI in Hong Kong --- p.12What Has the Hong Kong Government Done? --- p.17Hong Kong As a Staging Area --- p.25Chapter II. --- AN OVERVIEW OF FOREIGN DIRECT INVESTMENT IN HONG KONG --- p.28Manufacturing Industry --- p.29Banking Industry --- p.33Chapter III. --- MAJOR INVESTORS' INTEREST --- p.39Japan --- p.39The United States of America --- p.56Other Countries --- p.66Chapter IV. --- CONCLUSION --- p.74Historical Role of Foreign Companies in Hong Kong --- p.74Prospect --- p.79BIBLIOGRAPHY --- p.81APPENDIX --- p.8