HK not so attractive as Shenzhen: Legislative Councilor

Legislative Councilor Lui Ming-wah asked Chief Executive Tung Chee-hwa if the Government will establish some policies on industrial issues to attract investors of other companies to invest in Hong Kong, Tung said that Hong Kong is not as competitive as Shenzhen since the land prices and labor costs are higher in Hong Kong. He claimed that the Government finds its hard to set up some policies but welcomes the suggestions from commercial and industrial

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