Mr. Lin Yiming, a well-known financial commentator, recently wrote an article in Hong Kong Economic Times Monthly, discussing that due to "soil deterioration", Hong Kong has transformed from an "international financial center" to an "ordinary city in China", and most of its industry advantages have gradually disappeared. It pointed out the industries in which Hong Kong has lost its advantages and the industries in which it still has remaining advantages. We might as well refer to it to think about our future business direction:
Industries whose advantages have disappeared: finance, real estate, trade, tourism, retail, catering, and innovative technology. Industries with remaining advantages: medical industry, education industry, asset management.
To sum up the above points, it is true that Hong Kong’s environment has changed, but the main reasons that make it difficult for the economy to perform are still two-fold: 1. Real estate and labor costs remain high; 2. Citizens have a flat mentality and lack the spirit of struggle.
In fact, every industry has its ups and downs. Declining industries do not mean they will disappear (for example, radio stations, newspapers, etc., still exist today). Industries with advantages must also cooperate with their own abilities and know how to seize opportunities in order to develop. The key point is: use more thought, innovate and seek change, work hard to persevere, and cater to social changes. No matter whether it is high or low, sunrise or sunset, you can remain invincible. This is the "Lion Rock spirit" on which Hong Kong thrived in the 1980s and 1990s.
Our company's goal is to become our customers' business partners and provide strong and practical support for our customers' business development. Friends who are interested in expanding their business are welcome to grow with our company and share the results.
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