We are all reborn, who wants to be the richest man?

Chapter 667: Forcing Hong Kong to Transform Again

But it has changed, enough to go down in history.

The rabbit finally reached an agreement with all member states and officially became a signatory country.

"It's our turn to take the stage next. Those Western countries probably didn't expect that this huge market would be opened up, but we will be the biggest winners."

Luo Nianzhong's words made Welch smile. Now the Welch family and the Luo family have a relationship of mutual benefit and the whole world regards him as a direct descendant of the Luo family.

The Luo family can take a further step at this time, which will only benefit the Welch family and not harm it.

“We can’t rush this matter, we have to take it one step at a time.

However, your efforts have forced the United States to make concessions, and the Rabbit has been able to resume ties with the United States, which is really a win-win situation.

But for many people in Hong Kong Island, it may mean bankruptcy."

"Don't blame me. It's a crisis. Where there is danger there is opportunity. If they can't seize it, it's their problem. It has nothing to do with me."

In Hong Kong Island, the trade and logistics industries occupy a vital position, injecting endless vitality and prosperity into this land.

Many people have achieved significant accumulation of personal wealth through this industry and have become wealthy.

Although he is not rich, he has a car and a house, and is surrounded by a beautiful, gentle and charming partner.

But things will no longer be the same once the rabbits enter the country, which will have a huge impact on Hong Kong's trade middlemen.

Before rejoining the WTO, 45% of Rabbit's exports and 50% of its imports were carried out in Hong Kong Island, and a lot of the rest were in Taiwan. It can be said that the two places accounted for more than 7% of the import and export share.

But things are different now. After entering the customs, direct ocean trade and ocean transportation without passing through Hong Kong Island will increase sharply, and the proportion of transshipment and transit through Hong Kong between the mainland and Hong Kong Island and the Bay will be reduced, which will cause many companies' business to decline or even go bankrupt.

But as Luo Nianzhong said, a crisis is a coexistence of danger and opportunity.

If they seize the opportunity, these people will soar and take their wealth to a higher level.

According to the accession agreement, Rabbit will fully develop the trade industry in five years. These five years will be a time for self-protection and development.

This is true for the mainland and the same for Hong Kong Island.

Hong Kong Island is different from other Western countries in that it has preferential policies.

The opening of foreign trade rights will enable Hong Kong Island enterprises to directly enter the mainland to engage in import and export trade, import and distribute goods, and purchase and export goods.

Engaging in import and export trade is the forte of Hong Kong businessmen. It depends on whether they can see through this and get a piece of the pie.

This is not only true for Hong Kong businessmen engaged in trade, but also for Hong Kong Island.

In order to maintain the continued growth of Hong Kong's re-export trade and prevent it from declining, the Hong Kong government needs to consider and resolve issues such as how to reduce transportation and loading and unloading costs, increase customs clearance speed, and increase the transshipment volume of goods passing through Hong Kong.

Solving these problems is both difficult and easy.

It is nothing more than the government cooperating in issuing documents to update Hong Kong Island's equipment and machinery.

You said that other places can complete customs in a week, but I can do it in two days. Do you think anyone would come?

Don’t think this is nonsense. This is exactly why Hong Kong Island is a trade transshipment center.

Not to mention this era, even in thirty years, if many places can complete customs in two days, it will be considered super efficient.

The Indians later managed to clear customs in two days and showed it off in the international media. They did not mention that the fastest customs clearance at the Shanghai Port at that time only took 12 hours.

But Europeans and Americans don’t know this and just think that Indians are very efficient.

That's right, when it comes to the efficiency of many places in Europe and America, Asia is not just a little bit faster. Not only in terms of trade logistics, the resumption of trade with the Chinese mainland has had an impact on Hong Kong Island in many ways.

This is true for trade, logistics, services, etc. More and more cities will step forward to share Hong Kong Island's responsibilities.

"You are forcing Hong Kong to undergo a second transformation."

Hong Kong Island's transformation has been very successful. From the early 1980s to the present decade, it has completed the transition from labor-intensive industries to technology-intensive industries.

More than a decade ago, you could just find a boss in Hong Kong and ask him what he did.

"Me? I opened a small factory and did OEM for other people, weaving clothes and pants and so on."

The words are very humble, but to many people they are just boasting and envy.

In that era, being a small boss in a textile OEM factory was a sure winner in life. You didn't have to worry about orders at all. Hong Kong Island was overwhelmed with orders at that time.

If someone says this to you now, everyone who hears it will definitely think, "What an idiot! Who would still want to work in light industry in Hong Kong Island now?"

Let’s not talk about whether we can get orders or make money. Where can you find so many low-paid textile workers?

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Those with skills have gone into other industries, so why don't those without skills work in the service industry?

At least the service industry has a more promising future. Why would I come here to get this fixed salary?
Therefore, Hong Kong Island’s transformation is now very successful. Although the number of factories in Hong Kong is now four-fifths less than in the 4000s, there are now less than .

But these necessary life service factories, such as dairy factories, are all large factories, all high-tech manufacturing industries. The output value of any one of them is dozens or hundreds of times that of the previous textile factories.

Another thing is the workers' wages. Can they compare to the wages of textile workers in the past? Although Hong Kong Island is a tourist city, the consumption capacity of local residents is not low at all.

In Hong Kong Island today, not to mention household appliances, basically every household has a mobile phone and a computer, and those with better conditions even have them for their children.

Many foreign tourists are surprised to see groups of children in Hong Kong Island with mobile phones in their hands, MP3 players hanging around their necks, and dressed in designer clothes.

In fact, it is not necessary to buy it for children, but it would be a waste if you don’t buy it.

The Hong Kong government has a tax refund method every year, but it is not in the form of direct cash handouts, but various discount coupons.

There is everything from clothing, goods, supermarkets, restaurants, and even movie tickets at the cinema, all of which are intended to promote consumption.

Hong Kong Island is generous in giving out discount coupons for high-end products such as computers, mobile phones, and even cars.

Computers and mobile phones are available at a 30% discount, and it is common for cars to be exempted from RMB 30,000 to 50,000.

With the development of the New Territories, vehicles are not as strictly controlled as in Kowloon and Hong Kong Island. The number of users buying cars in the New Territories has greatly increased, and the number of private cars owned by each household is four times that of Kowloon and Hong Kong Island.

If you were given a car discount coupon of 50,000 or even more at this time, would you use it?
As for why most of these discount coupons are from Far East companies.

What nonsense! Why don’t you support the local light?

Of course, this is definitely the statement made to the outside world. You can figure out the details yourself.

“Technology is a good thing. First-rate companies sell standards, second-rate companies sell technology, and third-rate companies sell products.

I do not require all companies in Hong Kong to become first-rate companies. This is simply unrealistic and impossible. However, if a large number of third-rate companies can become second-rate companies, the importance of Hong Kong in the global trade economy will be more prominent.

Why can't we have many small and fine enterprises like Germany and the island countries? This is a new era, and a new industrial revolution is coming.

By seizing this opportunity, Hong Kong Island’s corporate structure may be able to take a step forward.”

(End of this chapter)