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Topic 5 Industrial miracle

Topic 5 Industrial miracle. Assigned Task: Can Hong Kong be another industrial miracle?. What I learn from Topic 5…. After studying the case in Japan in Topic 5, you learn that the development of industry does not necessarily depends on the amount of raw materials and fuel an economy has.

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Topic 5 Industrial miracle

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  1. Topic 5 Industrial miracle Assigned Task: Can Hong Kong be another industrial miracle?

  2. What I learn from Topic 5… • After studying the case in Japan in Topic 5, you learn that the development of industry does not necessarily depends on the amount of raw materials and fuel an economy has. • Like Japan, it is a small country with limited resource supply. It can develop its industry successfully so that its economy is healthier than the one of Hong Kong.

  3. What Ms. Ng has related the issue to the situation in Hong Kong… • Some economists blamed that Hong Kong suffered more from the Asian Financial Crisis since 1999 than Japan because Hong Kong GDP mainly comes from tertiary production. The economic development is not balanced. • Mr. Tsang published his first policy address on October, 2005. Through Closer Economic Partnership Agreement (CEPA), secondary industry will be encouraged in Hong Kong.

  4. Assigned Task: A letter to Mr. Tsang • Read the ‘Helping the economy power ahead’ in the policy address. With reference to the factors behinds the industrial miracle in Japan, write a letter to Mr. Tsang, expressing your group’s ideas about: • whether secondary industry can be developed in HKSAR again, and • state THREE strong reasons for your point of view.

  5. Remarks: • The letter should be about 300 words. • The letter should be written in appropriate format. • The letter should be printed on a piece of A4 paper. Sign the letter (all the group members). • Put down the group members’ name, class and class no. on the back of the letter. • Deadline: On/before 13 February, 2006 4 p.m.

  6. Reference: • CEPA • http://www.tdctrade.com/cepa/index_c.htm • Hong Kong Statistics • http://www.censtatd.gov.hk/ • (labour, external trade, industrial products…) • More about Hong Kong • http://www.info.gov.hk/info/hkbrief/eng/ahk.htm

  7. Letter format: 5th February, 2006 Office of the Chief Executive Hong Kong Special Administrative Region People's Republic of China Government House, Hong Kong Dear Mr. Tsang, We are a group of secondary school students. We are writing to express our view of the industrial development in Hong Kong. In our opinion, Hong Kong can / cannot be an industrial miracle because of the following three reasons. First, the geographical location of Hong Kong is suitable / not suitable for the industrial development. Hong Kong is located …. So, Hong Kong can develop its industry with such an advantage. Second, … Third, … We hope … Yours sincerely, (Sign all your names) (Name in Block letters)

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