The
Need for Facts
The need for a clear understanding of the basic facts on the Greater
Pearl River Delta region, the region consisting of Hong Kong,
Macao,
and the Pearl River Delta Economic Zone of Guangdong Province, and its
development can never be overemphasised. It is only with facts that the
region can attract multinational investment. Multinational firms will
need hard facts and examples of how the 'Hong Kong-Pearl River Delta
Combination' translates into market
opportunities, cost savings, and other business advantages.
What ordinarily would be relatively simple facts, however, are not
necessarily simple when it comes to China in general and to the Greater
Pearl River Delta region in particular. First, few if any organisations
compile any data for the region as a whole. Instead, data for Hong Kong,
Macao,
and the Pearl River Delta Economic Zone tend to be collected and
reported separately without any attempt to integrate them or even
report them together. Those that do publish information on the region
often use data for Guangdong Province
rather than for the true definition of the region. In addition,
different sources quote widely different figures even for basic
statistics for the Pearl River Delta Economic Zone. The result is
confusion about the existing state of development in the Greater Pearl
River Delta region as well as its future potential. This confusion
means that many multinational companies are not aware of the huge
opportunities that exist in the Greater Pearl River Delta region.
This is an extract from "The Greater Pearl River Delta" report
commissioned by InvestHK and written by Michael J Enright, Edith E
Scott and Enright, Scott & Associates. You may download the
entire book from the "Related Links" below.