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Subject: Re: Sony Mitsubishi ERG AES Prodata Hong Kong.


Author:
3rd part
[ Next Thread | Previous Thread | Next Message | Previous Message ]
Date Posted: 00:01:21 01/30/03 Thu
In reply to: 2nd part 's message, "Re: Sony Mitsubishi ERG AES Prodata Hong Kong." on 00:00:20 01/30/03 Thu

Weights and Measures

Metric, British Imperial, Chinese and US units are all in use in
Hong Kong.

The territory is promoting the adoption of a metric system of
units, the "International System of Units" (SI). Adoption of SI
in areas related to length, area, volume and capacity, force,
pressure and energy/power is almost complete.


The "Special Administrative Region" and the Future of Hong Kong

On July 1, 1997 Hong Kong became a "Special Administrative
Region" (SAR) of the People's Republic of China. The treaty
between Great Britain and the PRC which created the SAR of Hong
Kong guarantees the future existence of the current territory as
a capitalist enclave until at least the year 2047. The Chinese
speak of "one country, two systems," which has become the
standard way of describing the continued existence of capitalist
Hong Kong as a part of the People's Republic of China. A similar
system has been negotiated for the Portuguese colony of Macau,
with the transition to take place on December 20, 1999.

Some have expressed concern about Hong Kong's ability to maintain
its capitalist system, rule of law, free flow of information,
etc, now that it is a part of the People's Republic of China.
While it is impossible for anyone to predict the future of Hong
Kong with certainty, most observers agree that the (mainland)
Chinese government has scrupulously followed the "one country,
two systems," formula, and all indicators suggest that the
People's Republic of China will continue to abide by the Hong
Kong accords. There are many reasons for this optimism,
including the following:

(1) PRC behavior to date. As mentioned, Chinese leaders have
repeatedly stated their commitment to maintaining "one country,
two systems," and their deeds have been true to their words so
far.

(2) "Face." China does not want to preside over a decline in
Hong Kong, after the territory prospered for so many years under
British rule.

(3) The PRC has invested heavily in Hong Kong. In fact, the PRC
is the largest investor in the territory (estimates range from
US$ 25 billion to as much as US$ 100 billion). The PRC has been
profiting from its Hong Kong investment for years, and there is
no logical reason to assume that they would now want to destroy
this source of income -- especially now that Hong Kong "belongs
to them."

(4) China needs Hong Kong's infrastructure to sustain its policy
of fostering economic growth. Indeed, the growth targets set by
the PRC Government would be impossible without the use of Hong
Kong's banks, trading companies, and container port facilities.
Over 50 percent of all Chinese exports still flow through the
port of Hong Kong.

(5) The current PRC leadership has pointed with pride to the
economic growth of the southern regions of China, indicating that
this is a model for the rest of China. This growth is a direct
result of Hong Kong investment and management. Hong Kong has
created over 5,000,000 jobs in southern China through its
investment over the last several years. To explain this, a
Chinese Communist leader was quoted as saying, "Just because
capitalists use a certain method to run their economy, doesn't
make it a capitalist method." The liberalization of China has
been based on Hong Kong models, with this likely to continue.

(6) Historically, the PRC has never taken actions which were
specifically designed to damage Hong Kong business interests.
Even during the depths of the cultural revolution in China, Hong
Kong was considered "off limits." There is no indication that
this is going to change.

(7) Taiwan. The "one country, two systems" model was actually
created for Taiwan, the one remaining part of "Greater China" yet
to be reunified. Although successfully maintaining Hong Kong's
way of life does not guarantee Taiwan's "return to the
motherland," failure in Hong Kong would surely mean the end of
China's aspirations towards Taiwan.

Companies interested in the Hong Kong market should continue to
monitor the situation, since things could always change.
However, in our view, there is no reason for concern about the
future viability of Hong Kong as a good market for US goods and
services, and as an excellent base from which to conduct business
throughout the region.









ISA Customer Satisfaction Survey

U.S. Department of Commerce
* International Trade Administration*
The Commercial Service
-----------------------------------------------------------------
The U.S. Department of Commerce would appreciate input from U.S.
businesses that have used this ISA report in conducting export
market research. Please take a few moments to complete the
attached survey and fax it to 202/482-0973, mail it to QAS,
Rm. 2002, U.S. Department of Commerce, Washington, D.C. 20230, or
Email: Internet[Opfer@doc.gov].
-----------------------------------------------------------------

* * * About Our Service * * *

1. Country covered by report: _______________________________
Commerce domestic office that assisted you (if applicable):
________________________________________________________
2. How did you find out about the ISA service?
__Direct mail
__Recommended by another firm
__Recommended by Commerce staff
__Trade press
__State/private newsletter
__Department of Commerce newsletter
__Other (specify): _______________________________

3. Please indicate the extent to which your objectives were
satisfied:
1-Very satisfied 2-Satisfied
3-Neither satisfied nor dissatisfied
4-Dissatisfied 5-Very dissatisfied
6-Not applicable

__Overall objectives
__Accuracy of information
__Completeness of information
__Clarity of information
__Relevance of information
__Delivery when promised
__Follow-up by Commerce representative

4. In your opinion, did using the ISA service facilitate any of
the following?
__Decided to enter or increase presence in market
__Developed an export marketing plan
__Added to knowledge of country/industry
__Corroborated market data from other sources
__Decided to bypass or reduce presence in market
__Other (specify): _______________________________

5. How likely would you be to use the ISA service again?
__Definitely would
__Probably would
__Unsure
__Probably would not
__Definitely would not

6. Comments:

________________________________________________________

* * * About Your Firm * * *

1. Number of employees: __1-99 __100-249 __250-499
__500-999 __1,000+

2. Location (abbreviation of your state only):______

3. Business activity (check one):
__Manufacturing
__Service
__Agent, broker, manufacturer's representative
__Export management or trading company
__Other (specify):_______________________________

4. Export shipments over the past 12 months:
__0-1 __2-12 __13-50 __51-99 __100+


May we call you about your experience with the ISA service?
Company name: _______________________________________________
Contact name: _______________________________________________
Phone: ______________________________________________________

-----------------------------------------------------------------
Thank you--we value your input!
-----------------------------------------------------------------
This report is authorized by law (15 U.S.C. 1512 et seq., 15
U.S.C. 171 et seq.). While you are not required to respond, your
cooperation is needed to make the results of this evaluation
comprehensive, accurate, and timely. Public reporting burden for
this collection of information is estimated to average ten
minutes per response, including the time for reviewing
instructions, searching existing data sources, gathering and
maintaining the data needed, and completing and reviewing the
collection of information. Send comments regarding this burden
estimate or any other aspect of this collection of information,
including suggestions for reducing the burden, to Reports
Clearance Officer, International Trade Administration, Rm. 4001,
U.S. Dept. of Commerce, Washington, D.C. 20230, and to the Office
of Information and Regulatory Affairs, Office of Management and
Budget, Paperwork Reduction Project (0625-0217), Washington, D.C.
20503.
-----------------------------------------------------------------
FORM ITA 4130P-I (rev. 5/95)
OMB. No. 0625-0217; Expires 09/30/98

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