BEYOND TURKEY East ASIA & South East ASIA READERS TURKISH BUSINESS & ECONOMY

China (Canton) Model in Export

11/08/2021

537

The Canton Model in China carries many clues in terms of the Turkey-based regional cooperation/division of labor proposal. When Canton province is evaluated together with Hong Kong, it is better understood how great a power it constitutes.40% of China’s foreign trade is made in the Canton region, which is adjacent to Hong Kong. JV factories producing for export are located in the Canton region. Since they are export-oriented, they can obtain import licenses and benefit from Hong Kong connection, which is the trade center of Asia-Pacific. China’s expansion to the world has also been realized with JV investments in this region.

These investments are especially concentrated around the Pearl River Delta (PRD). It takes 3 hours by road from Hong Kong to the provincial capital. Many cities are lined up along the delta until the state capital, and these cities can also be reached by sea buses.

The Pearl River delta is a global production base. Countless foreign-invested JV factories for the consumer industry create an incredible traffic of people and goods here. Containers, sea buses, landing and taking off planes and trucks create a dazzling dynamism.

The Canton Model in China carries many clues in terms of the Turkey-based regional cooperation/division of labor proposal. When Canton province is evaluated together with Hong Kong, it is better understood how great a power it constitutes.

40% of China’s foreign trade is made in the Canton region, which is adjacent to Hong Kong. JV factories producing for export are located in the Canton region. Since they are export-oriented, they can obtain import licenses and benefit from Hong Kong connection, which is the trade center of Asia-Pacific. China’s expansion to the world has also been realized with JV investments in this region.

These investments are especially concentrated around the Pearl River Delta (PRD). It takes 3 hours by road from Hong Kong to the provincial capital. Many cities are lined up along the delta until the state capital, and these cities can also be reached by sea buses.

The Pearl River delta is a global production base. Countless foreign-invested JV factories for the consumer industry create an incredible traffic of people and goods here. Containers, sea buses, landing and taking off planes and trucks create a dazzling dynamism.