Impact of the producer services of Hong Kong on the same industry of Guangzhou since the reform
改革开放以来香港生产性服务业对广州同行业的影响

The developing level of the producer services in Hong Kong is higher than that of Guangzhou,however based on the questionnaires to the companies of producer services and manufacturing in Guangzhou and the Pearl River Delta,it is found out that the negative impact of the producer services of Hong Kong on the same industry of Guangzhou is limited so far.One reason is that the demand level for the services in the mainland is very different,depending on the capital origin or the scale of the company.This means that not all the companies in the Pearl River Delta would need the high level services from Hong Kong.And the other two reasons are the protecting policy for the services industry in the mainland and the capability of the producer services of Guangzhou in obtaining market share.According to the in-depth interviews with some managers,five factors acting on the impact from the producer services of Hong Kong are drawn,including the demand from the consumer,the distance between the suppliers and the consumers,the price of the service product,the policy of the services trade in the region where the consumers come from and the relationship among the companies.As to the negative impact after CEPA,since the market for producer services are far from saturation in domestic,the producer services organization of Hong Kong and Guangzhou are both advanced in China and the producer services of Guangzhou have possessed a somewhat wide market.Hence it concludes that CEPA will not bring too much negative impact to the development of producer services of Guangzhou in a period of time. Finally,according to the necessity and feasibility analysis,it points out that the development of producer services in the Pearl River Delta can form a harmonious pattern and Guangzhou and Hong Kong can be the regional service centers of different levels.