Page 35 - 2017 Special Report
P. 35
Introduction to South China ????°å?ç®?ä»?

The term ??outh China?? immediately brings to sold worldwide, offering both original equipment 说å? ?? ?? ?? ?? ï¼? äº? ä»? é¦? ?? ?? ?? ?? ?? ?? æ±? ä¸? è§? æ´? ?? ?? ?±ä?ä¸???½å?å¸??è¿??ä¸??å£?¤§ï¼??ä¸???°å?ç»??
mind the Pearl River Delta (PRD) - China?? manufacturing (OEM) and branded goods. The Shenzhen ï¼??ä¸?????ä¸??ç»???ºï?????¸­?½ç??¶é???ä¸? ä»???½å???»­???ï¼?????产å?å¢????º¦å·²ç??????
manufacturing center and beating ??conomic heart??. Stock Exchange is the national leader for high-tech å¿??è¢??为跳?¨ç????æµ????????????说ï????ä¸??æ´? ç¼??????³å?????????????å¾???³å?å¯????º§ä¸?
Broadly defined as including nine cities in southeast enterprises ?? China?? leading technology enterprises, ?°å????广ä??????????ä¸??å¸??广å???·±?³ã??????? å¼?å§?½¬ç§»å??¶ä??½å?ï¼??å¦???????å¤??ä¸??æ­£å???
Guangdong province (Guangzhou, Shenzhen, Dongguan, including Huawei, Tencent and ZTE, were all founded in ä½?±±???å·?????¨ã???åº???¸­å±±å???µ·ï¼????ä¸??广å? æ­¥æ?????¿æ¨¡å¼???±å???¤§?½å????大å?è½??ï¼??ä¸?
Foshan, Huizhou, Jiangmen, Zhaoqing, Zhongshan and Shenzhen. ï¼?¹¿ä¸?????ï¼??æ·±å?ï¼?¸­?½é?ä¸??????????æµ???ºï? è§???ºå°¤?¶å?å°?·¥ä¸???°é?ï¼?????许å?????????
Zhuhai), the PRD?? true centers are to be found in Guang- ???ä¸???°å???¸¤ä¸?¸­å¿??å¸??? ?????¸­?½å?ä»???ºä»¥???è¾¹å?å®¶ã??
zhou (the provincial capital) and Shenzhen (China?? first Yet the PRD is a region in transition. In recent years,
and most successful special economic zone). low labor costs (once the major attraction of the region) ?¶è???å¦??认为???è§???ºä????è¿??广ä????ï¼? å°½ç?å¦??ï¼??å·¥ä?????????????ºå???????
have been increasing rapidly. Minimum labor costs ?£å°±ä¼?????æ¸??æ¾³é?ï¼?½±???次ä?é¦?¸¯ï¼??????¿å?å¯? ?¨ä?ï¼??ä¸???°å?ç»??ä»????»¡æ´»å??????åº????º§??
To think of the PRD only in terms of these cities, are one measure of this, with Shenzhen a particularly ???è§???ºç?æµ??å±?????ä½?????å®??ï¼???»æ¸¯æ¾³ä? åº??ä¹???¨è????è½?????è§???ºç?ç»??ç»????¸ºå®??
however, would be to ignore the instrumental role illuminating example. The city raised its minimum ?´ä»¥?¥é???¹¿ä¸????¸ª??????å±???¿ã??2003å¹´ï???? è¿?????ï¼??äº???¹æ?åº??è¡????¸¥?¼ç?审æ??¶åº¦ï¼?
in economic development played by the special monthly wage by 222 yuan in March 2015 to 2030 yuan, ä¸??æ¸???¾³?¨ç??ºæ?åº?????ç½²ä????äº?»ºç«??ç´§å?ç»?´¸ ä¾???????ä½?³¨??????æ§??????°å???????äº??
administrative regions (SARs) of Hong Kong and, to a making it the highest nationwide at the time. Many ?³ç³»????????CEPAï¼??????????????³ç???´¸??? ???ï¼???»ä???????å¹³æ?ç±³æ??¥äº§?ºé?????´å?严æ?
lesser extent, Macau, with which the cities of Guangdong other PRD cities raised their minimum wages during the ??????å®?????è´¸æ???????ä¿??广ä???´¸??????ä¾? ???æ±?????¶ï??¨å??¶æ?èµ??é¢??å¤???°å?ï¼??åº??å¾?
and Shenzhen have long leveraged their proximity. year as well, as illustrated in the table below. ?©å???°±è¿??ï¼??ä¸?????æ¸??æ¾³é?å¼?å§??称为??¤§??? ????¹å?ä¸?????????????????¼ã?????????ç­??
The Closer Economic Partnership Arrangements (CEPA) è§???ºâ???? æ±?????项ç?ï¼?¿«ä½¿æ?èµ?????????è§??ä»???ºæ????
concluded in 2003 between Mainland China and Hong Region 2015 Monthly 2015 Hourly ??»½??????????¨æ?åº??大å????ä¸?????è§???ºç?
Kong and Macau, respectively, have phased out tariffs and MinimumWage MinimumWage 广ä??????¾¾???è¿?????å¤????±±?ºï?????»ç? ??©¶ä¸??????¥æ???????äº???¿é?表æ?ï¼??ä¸???°å?
trade barriers, liberalized trade in services, and boosted ç¦?»º???广西å£????²»?ºä»¥???è¾¹ç?æµ·å???????????? ç»??è¶??è¶??????
trade and investment in Guangdong. As such, the term (yuan) (yuan) ??????????¸ºäº?½¿å¤§ç?ä¸???°å????ç³»æ???´§å¯?¹¶å¢??
??reater PRD?? was coined to refer to the PRD, Hong Kong 该å??ºä??¨è¾¹?°å????ä½???¿å??¶è?äº??å¤??ç­???½ï?ä»? ?³å???????ä¸?¶¨ä¸??ä¸???°å???º§???大å?ä¸??
and Macau as a group. Shenzhen 2030 18.5 ?¹ä¾¿???ç»????????ç¡?设æ??? ?¸å?ï¼??主è?ä¿?½¿äº???¨å????产ä?è½?§»?°æ????ä½??
Guangzhou 1895 18.3 ????ºï?ä¾??è¶????½¿??????å¼?è¿?¸ª?°å????ç´????
The more remote, less developed (and often more Zhuhai* 1510 14.4 ä»?????è§? ??¸­?½ç?æµ??å¿???¶é????°æ??¡ä???½¬ç§»ï?以å??°å?å·?
mountainous) towns of Guangdong province, along Dongguan 1510 14.4 ä¸???°ç??????
with the neighboring provinces of Fujian, Hainan and Foshan 1510 14.4 ???ä¸??æ´²å??ºä??´è?认为??¸­?½é?ç§??产å??¶é??
the Guangxi Zhuang Autonomous Region, are the final Zhongshan 1510 14.4 ä¸??ï¼?·±?³ã??¹¿å·?????????æµ·ã???å·????º§é«????äº?
pieces of the South China puzzle. A series of economic Jiangmen 1350 13.3 ???主è???????ä¸???°å??´æ?????¥ç?产ç?ç±»ç?å¤??
and infrastructure-focused government policies have Huizhou 1350 13.3 ç§??产å???å¾??¨ç????ï¼?????å§??å¤?????OEMï¼?
been designed to better connect the Greater PRD and to Zhaoqing 1350 13.3 ?????º§?????å°±æ?广ä?ä¸????·¥è´¸æ???·±?³æ??¨å?é«?
improve its links to these adjoining regions. ç§??产ä????头ç?ï¼?????ä¸??é«????é¾?¤´ä¼??ï¼??å¦?
* Zhuhai independently sets minimum wages, with its monthly amount set ??¸º???è®??ä¸????????ï¼???»é??½å?æ·±å???
The PRDToday at 1650 yuan and its hourly amount set at 15.8 yuan.
?¶è??????ä¸??æ´²å??ºæ?å¤??è½??ä¹?¸­???å¹´æ?ï¼?
The PRD has long been considered the heart of high- ä½??????¨å????ï¼??ç»??该å??ºç?主è??¸å????å·²ç?
tech China, with Shenzhen, Guangzhou and Dongguan å¿????涨ã???ä½?·¥èµ?°´å¹³æ??¶ä¸­ä¸?ä¸?¡¡???????»¥æ·±å?
(as well as Zhuhai and Huizhou) considered centers for å¸?¸ºä¾??æ·±å?å¸??ä½??å·¥è?ä¸??222???2030??ººæ°?
the manufacture of consumer electronics and other å¸??????¨å?ç¬??????¶ï????è§???ºå?ä»??å¸??äº?
high-tech products. The PRD hosts direct and indirect 2015å¹´æ?é«????ä½??å·¥è?ï¼???³è¡¨ï¼???
production arrangements for a wide variety of goods

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