Advantages and disadvantages of economic development in Hong Kong and Macao

Advantages and disadvantages of economic development in Hong Kong and Macao.

1, advantages, superior geographical location, the Pearl River Estuary on both sides of the east and west, the South China Sea in the south, and convenient land and water transportation, which is conducive to opening up the mainland market and trade with other countries in the world. China Mainland has given strong support to further promote the liberalization of service trade between Guangdong, Hong Kong and Macao. Including further opening up the service industry to Hong Kong and Macao and promoting the convenient flow of service elements.

2. Disadvantages: the land is narrow and densely populated, and mineral resources are scarce.