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Air traffic and the aviation industry have grown rapidly on the Chinese mainland in the two and a half decades since China's open door policy. Accession to the WTO will further stimulate trade and foreign direct investment (FDI), intensifying the demand for air cargo services. It will also open up the Chinese economy to foreign participation in the transportation and logistics sectors, making these sectors more competitive and efficient. This book provides a systematic and comprehensive study of China's air cargo industry as well as its policy evolution. It covers the sources and destinations of air cargo in mainland China and Hong Kong: whence it comes and where it goes to. The major hubs of the transportation network - Beijing, Shanghai, Hong Kong, and Guangzhou - are discussed one by one. The virtual aspects of the network at these hubs in terms of IT applications, preparedness, and needs are examined and compared. Though the subject matter of this book is air cargo, there is considerable coverage of the aviation industry and policy on the mainland and Hong Kong. Changes have been happening so fast there are few books and publications that cover them systematically and comprehensively. Readership includes business executives in airfreight companies, airports and airlines, logistics specialists, aviation university lecturers and students.
The main source of particulates and nitrogen oxides in Hong Kong is attributable to goods vehicles and to a lesser extent buses; taxis and private cars contribute only a small fraction of these pollutants, even in densely populated areas or urban canyons. The growing volume of vehicle traffic between Hong Kong and China contributes to increasing the level of vehicle emissions found in the territory. These findings have important implications for both environmental and transport policies.
Commercial aviation took shape in Hong Kong as the city developed into a powerful economy. Rather than accepting air travel as an inevitability in the era of global mobility, John Wong argues that Hong Kong’s development into a regional and global airline hub was not preordained. By underscoring the shifting process through which this hub emerged, Hong Kong Takes Flight aims to describe globalization and global networks in the making. Viewing the globalization of the city through the prism of its airline industry, Wong examines how policymakers and businesses asserted themselves against international partners and competitors in a bid to accrue socioeconomic benefits, negotiated their interests in Hong Kong’s economic success, and articulated their expressions of modernity.
This work is a continuation of the authors' earlier publication, "The China Miracle: Development Strategy and Economic Reform". The authors review the historical evolution of the state-owned enterprises, analyze the current problems, and suggest the direction for future reforms.
This book traces the sometimes bizarre and comical history of taxi regulations in Hong Kong. It compares the history of regulation changes to developments in the taxi business, including the rise and fall of the illegal taxi trade, the patterns of taxi accidents, malpractice complaints, and taxi license prices. The strange history of the market for taxi licenses shows that these regulations have been inconsistent, erratic and incomprehensible to people risking their money in the public auctions for licenses. In essence, this is an analysis of how people in the taxi business have studied the process of governmental regulation. The dispersion and volatility of taxi license auction prices, reveal the results of these studies and say more about their conclusions than any library of academic works will ever do.
Over the past decade, the gas industries of many countries have undergone substantial change. Gas utilities have been corporatized or privatized, and competition has replaced monopoly. Despite this current of liberalization, Hong Kong's gas industry is still dominated by one company with limited competition from other fuel suppliers. This study reviews the liberalization of the gas industries in the United States, United Kingdom, Australia, New Zealand, Japan, South Korea and Taiwan. Although the industry, ownership, and regulatory structure in Hong Kong may not be the same as in those countries and areas, the authors believe lessons can be learned from their experiences.
The changes will be economically disruptive because they increase uncertainty in property markets, weaken the contractual nature of land development, and provide more opportunities for planners and the general public to delay development. The result will be more volatile property markets, reduced supply and higher prices and rents.