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  • Hong Kong should increase its population by more than 40 per cent to 10 Million

    Hong Kong chief wants population rise to 10 Million



    Hong Kong should increase its population by more than 40 per cent to 10m to match the power of New York and London as global financial centres, according to Donald Tsang, its chief executive.


    “We must not allow the population to age and then shrink. We must grow in order to be competitive,” Mr Tsang said in an interview with the Financial Times. “We have the fundamentals, like New York and London, to create a global financial centre and a reasonably good living for 10m people here.”
    The proposed increase in population, which Mr Tsang stressed was a long-term vision, is likely to be criticised by environmentalists. Speaking before the 10th anniversary of Hong Kong’s return to China by Britain, Mr Tsang said the territory needed to boost immigration and education and invest in infrastructure for the sake of its status as a financial centre.
    .....................................

    Mr Tsang said Hong Kong had to “move up the governance scale so that we are in the same rank as New York and London, distancing ourselves completely from the likes of Singapore or Shanghai or everybody else where they are still very much a territorial market”.
    Earlier this year, the government of Singapore, said it wanted to increase its population by a similar percentage from 4.5m to 6.5m over the next decade.

    Source (for more details): FT Asia Pacific


    GuangDong province alone is the most populated province in Mainland China right now.

    An opportunity for Disney to speed up expansion.



    Last edited by PennysBayChronicle; 06-18-2007, 06:06 AM.

  • #2
    Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

    Isn't it already 10 million when you included the population of Shenzhen and Macau? It holds one of the densest population areas in the whole world.

    Comment


    • #3
      Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

      They forgot to list Tokyo. It's common knowledge that the 3 global cities (and command centers for the global economy) are New York, London, and Tokyo.
      ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

      Comment


      • #4
        Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

        Originally posted by TDR_Fan View Post
        They forgot to list Tokyo. It's common knowledge that the 3 global cities (and command centers for the global economy) are New York, London, and Tokyo.
        China is going to surpass Japan to be the biggest economy in Asia sooner or later.


        Tokyo won't make it to the top.

        if you read the latest articles from UK, Hong Kong is listed as city with most potential to be No. 3 Global Financial City after London and New York. Singapore is 4th on the list. and Tokyo is way behind.

        Isn't it already 10 million when you included the population of Shenzhen and Macau? It holds one of the densest population areas in the whole world.
        If Shenzhen and Macau are included, population might be close to or ever over 20 million.
        Last edited by PennysBayChronicle; 06-18-2007, 08:28 PM.

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        • #5
          Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

          Originally posted by HongKongDisneyland View Post
          China is going to surpass Japan to be the biggest economy in Asia sooner or later.


          Tokyo won't make it to the top.

          if you read the latest articles from UK, Hong Kong is listed as city with most potential to be No. 3 Global Financial City after London and New York. Singapore is 4th on the list. and Tokyo is way behind.
          Really? Everything I've read indicates that Japan is the most economically powerful country in Asia and always will be.

          http://press.princeton.edu/titles/6943.html
          ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

          Comment


          • #6
            Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

            Here's futher proof that Tokyo is the richest city in the world and will be for many years:


            11 March 2007: Greater Tokyo stands unrivalled in the world. For many years to come, the Japanese capital together with its surrounding urban areas will remain the richest and largest city in the world. Research published by PricewaterhouseCopper (PWC) in March 2007 places the Japanese capital at the top of the world’s richest cities between 2005 and 2020. In its own research on the world’s largest cities between 2006 and 2020, City Mayors also ranks Tokyo number one in the world.


            Richest cities and urban areas in 2020 based on GDP:

            1. Tokyo
            2. New York
            3. Los Angeles
            4. London
            5. Chicago

            Article: http://www.citymayors.com/statistics...gdp-intro.html
            ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

            Comment


            • #7
              Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

              Why is everyone forgetting Shanghai?

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              • #8
                Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                Top 5 Global Command Centers Based on Corporations, Banks, Telecommunications, and Insurrance Agencies:

                1) Tokyo
                2) Paris
                3) London
                4) New York
                5) Beijing
                ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

                Comment


                • #9
                  Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                  Originally posted by TDR_Fan View Post
                  Really? Everything I've read indicates that Japan is the most economically powerful country in Asia and always will be.

                  http://press.princeton.edu/titles/6943.html
                  outdated !

                  that book was 1st published at 1991. the latest edition was published at 2001.

                  Comment


                  • #10
                    Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                    Look at the other sources I've provided. They were published this year.
                    ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

                    Comment


                    • #11
                      Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                      I just wanted to add that by monetary volume, the Tokyo Stock Exchange is the second largest stock exchange market in the world. Something you might want to take into account when judging Japan's economic power. And don't forget the Japan-Europe Relations either.
                      ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

                      Comment


                      • #12
                        Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                        Originally posted by TDR_Fan View Post
                        Look at the other sources I've provided. They were published this year.
                        I was referring to "Global Financial Centres".

                        City launches new Global Financial Centres Index (GFCI)
                        Source : City Of London

                        On Asia: Developing a global financial centre in Asia
                        By Sunny Tucker
                        Friday Mar 16 2007 13:10



                        The index is produced by the Z/Yen research consultancy and was sponsored by the Corporation of London, which provides local government services for the City of London.


                        On a scale of one to 1,000, London pips New York by five points, with a top score of 765.


                        The UK capital leads the Big Apple in all five areas that underpin the rankings: people, business environment, market access, infrastructure, and general competitiveness.


                        The index brings together the results of online surveys with several hundred financial services executives and 47 separate indices of competitiveness.
                        It asserts that the two cities boast the only "global" financial centres, while Hong Kong, which ranks third overall, is deemed the world's only "international" financial centre.



                        ......................

                        Asia does hold four of the top 10 positions, with Hong Kong ranked third with 684 points, followed by Singapore (fourth), Sydney (seventh) and Tokyo (ninth).
                        Hong Kong scores very highly on people factors, having developed strong expertise in professional services.
                        Many people may not be aware that Hong Kong boasts the fourth highest number of chartered financial analysts in the world behind the US, Canada and the UK.



                        .........................

                        Can any Asian financial centre rise to the very top?

                        The report notes the "considerable speculation as to whether Shanghai, Hong Kong or Singapore will emerge as a global centre".


                        But the consensus at the moment is that no single Asian centre will emergeas a third global centre, and that the liquidity being generated by the region's economic boom is likely to be split between two or three centres, with Hong Kong the most likely to emerge as a rival to London and New York.



                        Source : Financial Times

                        Comment


                        • #13
                          Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                          Originally posted by TDR_Fan View Post
                          I just wanted to add that by monetary volume, the Tokyo Stock Exchange is the second largest stock exchange market in the world. Something you might want to take into account when judging Japan's economic power. And don't forget the Japan-Europe Relations either.
                          yes. Tokyo Stock Exchange is the 2nd largest stock exchange in the world.

                          But China is catching up really quick. China (Shanghai Stock Exchange + Shenzhen Stock Exchange + Hong Kong Stock Exchange) is closing up the gap. It will surpass Japan very soon. and Japan will be losing its crown as biggest economy in Asia to China sooner or later!

                          Comment


                          • #14
                            Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                            Seems we have contradicting articles. Globalization and World Cities Study Group and Network places London, New York, Paris, and Tokyo as the world's leading cities. Hong Kong and Singapore rank slightly behind. I find it weird that Paris is not even on that list you provided.
                            ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

                            Comment


                            • #15
                              Re: Hong Kong should increase its population by more than 40 per cent to 10 Million

                              Originally posted by HongKongDisneyland View Post
                              yes. Tokyo Stock Exchange is the 2nd largest stock exchange in the world.

                              But China is catching up really quick. China (Shanghai Stock Exchange + Shenzhen Stock Exchange + Hong Kong Stock Exchange) is closing up the gap. It will surpass Japan very soon. and Japan will be losing its crown as biggest economy in Asia to China sooner or later!
                              We'll just have to see! Only time will tell. Believe me, I have nothing against China. I just have my doubts right now about China surpassing Japan.
                              ~ Tokyo DisneySea’s Arabian Coast at nighttime ~

                              Comment

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