章節 930: Chapter 930: The Hidden Worries of Hong Kong
Xia Yu had considered this point before and was mentally prepared for MacLehose to ask these kinds of questions.
Therefore, he said helplessly, 'Governor, when we were planning the school before, we didn't think it through very thoroughly. Later, we discovered that there was a huge shortage of all kinds of talent in Xiangjiang, so we opened more majors and adjusted the enrollment numbers upwards.'
MacLehose frowned slightly, but there was nothing he could say. After all, on the surface, Xia Yuming was indeed doing Xiangjiang a favour by improving its educational environment and standards, which was in line with his governing philosophy.
It was rare for Xia Yu to be so enthusiastic about education, and no matter what, he could not dampen Xia Yu's enthusiasm.
Since Xia Yu had already acted first and reported later, he could only suck in his nose and admit it. He had already decided in his heart to agree to Xia Yu's request.
However, in order to prevent Xia Yu from continuing to act first and report later, he felt that he still needed to exert some control and show his attitude, so as to avoid being caught off guard by something Xia Yu suddenly threw at him next time.
After this thought flashed through his mind, MacLehose frowned slightly and asked, 'Mr Xia, can I know what the new colleges and majors are at Jiuding University?'
'Are they all on here?'
said MacLehose, weighing the document in his hand that listed the situation at Jiuding University.
'Yes!'
Xia Yu said, leaning over and finding the information on the second page of the university, pointing to the line and saying, 'The School of Electronic Science and Engineering, the School of Chemical Engineering, the School of Biomedical Engineering, and the School of Vehicle Engineering, these four schools and the majors under them are basically new additions.'
MacLehose stared at these schools and majors for a little while, his brow furrowed, and he was really puzzled.
He looked at Xia Yu and asked, 'Mr Xia, the School of Electronic Science and Engineering is still in contact with Xiangjiang, and the majors of the School of Biomedical Engineering can also meet the market demand. However, the majors offered by the School of Chemical Engineering and the School of Vehicle Engineering will make it difficult for the students to find a job in Xiangjiang after graduation, won't they?'
Let's take a look at the School of Chemical Engineering, which offers four majors: Chemistry Education, Materials Chemistry, Chemical Engineering and Technology, and Applied Chemistry.
Apart from teaching chemistry, which can lead to a career as a chemistry teacher, it is very difficult to find work in Xiangjiang in the other three majors.
As far as MacLehose knows, there are not many chemical engineering-related companies in Xiangjiang, and the ones that do are basically just selling cosmetics or doing trade, and they don't need too many professionals.
As for the School of Vehicle Engineering, it offers majors such as Thermal Energy and Kinetics, Vehicle Engineering, Mechatronic Engineering, and Industrial Design, each of which is related to automobile manufacturing.
The question is: does Hong Kong have any famous automobile manufacturing enterprises?
Oh, no, there seems to be one, the original Jardine Motors, which was acquired by Xia Yu, and its only automobile manufacturing plant is in Indonesia, not Hong Kong.
So after these students graduate in four years, employment will be a problem!
If this is not properly resolved, even if they can recruit students, four years later, when the students graduate and cannot find a job, it will definitely have a negative impact on society!
Perhaps by then he would no longer be the Governor of Xiangjiang, but he would still be responsible. He didn't want to be blamed even after he had left office.
Facing MacLehose's questioning, Xia Yu gave a slight smile and said, 'Governor, I forgot to tell you, after these students graduate, I will give them a choice: to join my company or to find employment on their own. So there won't be a problem with employment, as long as they can graduate successfully!'
MacLehose was silent for a moment, gradually sorting out his somewhat confused thoughts.
His eyes widened slightly, and he hurriedly asked Xia Yu, 'Mr Xia, are you saying that you want to set up an automobile manufacturing company and a chemical engineering company in Xiangjiang?'
Xia Yu smiled and nodded, saying, 'Yes, I have this intention, and I am already considering taking action, except that the talent system in Xiangjiang is so poor that I have to find my own way.'
Hearing Xia Yu say this, the last bit of doubt in MacLehose's mind directly dissipated, and the mind that he had wanted to manipulate was gone.
'Mr. Xia, Xiangjiang does have problems with its talent system in the field of engineering. Since Jiuding University is willing to take on the responsibility of training talent, I fully agree. There is no problem with the expansion of Jiuding University, and I will arrange a meeting to discuss this later.'
'If that's okay, I'd like to hear your thoughts on the automotive and chemical industries. What new companies do you want to start?'
Xia Yu immediately smiled and said, 'Of course there is no problem, Mr. Governor, and this is actually the second reason I came here today.'
MacLehose's eyebrows rose, and he became even more curious. He concentrated further, and looked at Xia Yu with a burning gaze and said, 'Mr. Xia, please go on!'
Xia Yu lifted his teacup and took a sip of tea to moisten his throat, slightly organising his thoughts before speaking without haste or hesitation.
'Governor, after returning to Hong Kong, I have carefully considered the current situation and future development direction of Hong Kong.'
'At present, Hong Kong's main economic entities are light industry, commerce and trade, finance, real estate and tourism, which form a diversified structure. However, since 1970, the proportion of the secondary industry represented by light industry in Hong Kong's GDP has been decreasing. In 1970, it accounted for 36.5%, but last year, it had already dropped to 32.1%, and there is a further downward trend!
'It seems that the tertiary industry is accounting for an increasingly high proportion of the economy and is booming, but in fact there are huge hidden concerns.'
Hearing this, Murray MacLehose frowned. He didn't believe Xia Yu would be talking nonsense, but an analysis of the industry was not something to be taken lightly, and it had to be backed up by strong evidence.
Xia Yu had already considered this, and looked at Fok Kin-ning.
The latter immediately took out an economic research report previously prepared by the Jiuding Think Tank and handed it to Murray MacLehose, finally saying, 'Governor, I will tell you about it next.'
'Governor, you can open the report and read it while listening. If you have any questions, feel free to interrupt me.'
'The survey analysed the changes over the decade from 1970 to 1980. You can look directly at the most detailed one from 1980. Last year, Hong Kong's export trade was still based on the export of local industrial products, and the total export of Hong Kong products reached 78.4%.'
'And most importantly, according to our long-term survey, Hong Kong's local textile, clothing, watch, plastic, toy and other industries account for 83.8% of Hong Kong's total exports.'
'The number of workers employed in these industries accounts for 72.5% of the total number of workers in Hong Kong!'
'The financial industry is closely linked to these light manufacturing industries. Once these industries weaken, the financial industry will also have major problems.'
'Now these labour-intensive industries with no employment threshold are gradually being transferred to the mainland. The cost of labour on the mainland is only one-fiftieth of that in Hong Kong, so no businessman can resist the temptation!'
'If entrepreneurs go bankrupt and workers lose their jobs, citizens will have problems feeding themselves and simply won't have the money to buy a house, and the real estate industry will also hit rock bottom.'
...
'And the financial industry. In fact, Hong Kong's financial market is very unstable, which is closely related to the immaturity of the system. There have been two major stock market crashes in the past decade, which have caused huge damage to Hong Kong's economy and many companies have gone bankrupt as a result.'
'One of the key factors is the coexistence of the four major exchanges. Although the Hong Kong government passed a bill last year to merge the four exchanges, as far as I know, progress has been very slow.'
'According to our analysis, at the current rate, it would be considered a success if the merger was completed by 1987.'
'There are still more than six years left, which is too slow for Hong Kong. The opportunity for development is fleeting. Star City is eyeing Hong Kong, not to mention Taiwan Province. Hong Kong cannot afford to wait!'
...
As he listened to Fok Kin-ning's account, combined with the various relationship charts and graphs in his hands, MacLehose's face gradually turned ugly.
In fact, the Trade and Industry Department of the Hong Kong government would provide him with a report on Hong Kong's economic development every year, but the situation was not nearly as serious as what Fok Kin-ning had described.
However, when he asked himself, he felt that the research report in his hands was more detailed than the one produced by the Trade and Industry Department. It used various charts and graphs for comparison, which were also more intuitive and clear.
Moreover, the source of each important piece of data was marked, either quoting a report from the banking industry or obtained through detailed investigation.
So in MacLehose's mind, he already believed in the authenticity of the economic research report in his hands.
It was only because he believed in it that his face looked even more unpleasant. Under his governance, there are still so many problems in Hong Kong, is this not a true reflection of his ineffective governance?
After a long while, Fok Kin-ning finished his story and concluded with a summary.
'Mr Governor, the manufacturing industry is the foundation of Hong Kong's economy. The best way to solve Hong Kong's hidden worries is to upgrade and transform Hong Kong's manufacturing industry, expand and upgrade into high-barrier, high-value-added industries such as electronics, automobiles, chemicals, pharmaceuticals and medical devices, and promote the diversification of products and markets.'
MacLehose nodded blankly, and when he lifted his teacup, he noticed it was empty. Fok Kin-ning immediately refilled it for him. MacLehose took a sip, and the bitter taste released in his taste buds stimulated his mind and made him become sober.
After pondering for a long time, he looked at Xia Yu and asked, 'Mr Xia, since you have done this survey, you should have also made the next plan, right?'
Xia Yu smiled and said, 'Governor, you are indeed insightful!'
As Xia Yu finished speaking, Fok Kin-ning took two documents from his briefcase and handed them to MacLehose separately.
Xia Yu's voice came in just the right moment: 'Governor, the document on your left is the industrial transformation plan for Hong Kong that Jiuding Think Tank has developed in light of the global environment. The document on your right is my projected plan for the industries I plan to develop in Hong Kong. These two documents are quite related, so you might as well take some time to read them both.'
'It's only 3:25 pm, there should be enough time.'
MacLehose nodded slightly, rubbed his temples, took a deep breath, and opened the report on his left hand side.
From the economic research report just now, he could already see the power of Xia Yu's Jiuding Think Tank. He also wanted to know what Jiuding Think Tank thought about the future of Xiangjiang!
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