Some Hands-On Ideas for Hong Kong A few of the proposals offered by executives, academics, and government advisers THE BORDER Build large industrial parks for assembling products along the border with workers commuting from China. Work more closely with planners in Guangdong to link highways and mass-transit lines. Reduce overlap of airports and cargo terminals and streamline customs and immigration services. INDUSTRIAL ZONES Open new estates for multinationals' regional headquarters and R&D operations. Other ideas include setting up small-business incubators near universities and science parks. These zones would include good, affordable housing for managers. CAPITAL MARKETS Create a second stock exchange for small and medium-size companies similar to the NASDAQ and set up a government-funded venture-capital company to finance high-tech startups. LABOR Substantially increase visas for short-term factory workers from China. Lure the best engineering talent in China to work and study in Hong Kong. Offer Singapore-style skills training tailored to the needs of multinationals. DATA: BUSINESS WEEK Return to main story

Updated June 15, 1997 by bwwebmaster
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