L4 - Pearls of Policy Flashcards
How many people live in the Pearl River Delta?
66 million
How much multi-lateral aid has China received to help rural areas?
$1.4billion
How are Chinese companies adapting to a global world?
Being innovative, not just copy-cat technology
Where is FDI coming from? (Foreign Direct Investment)
TNCs, e.g. Apple
Why is Hong Kong different to the rest of the China
It’s a SAR (Special Administrative Region)
Free speech and free trade is guaranteed (at the moment)
What’s the average income in Nanshan
> $50,000
How is Hubei changing?
The hutongs (old alleys in cities) and buildings are being demolished for new skyscrapers
Where can companies in the Pearl River Delta export to?
Other SE Asian countries
What infrastructure has recently been completed in the Pearl River Delta
Hong Kong- Zhuhai Macau Bridge
55km long, the longest sea crossing in the world
Travel time reduced from 4 hours 30 minutes
What contribution does the Pearl River Delta make to China’s trade
Generated >10% of GDP
25% of exports
What’s the GDP in the Pearl River Delta
$1.2 trillion
Growing at 12%/year
How many cities make up this region?
9, including Hong Kong, Macau and Guangzhou
Where does Apple do manufacturing in China?
Shanghai (not in the PRD)
2 million motherboards per month
50,000 workers
