Song Shiqiang on the causes of Huaqiangbei (three): Why Huaqiangbei is so prosperous, I Song Shiqiang (Huaqiangbei Song Shiqiang) summarised that there are about four factors.

Why Huaqiangbei is so prosperous, I Song Shiqiang (Huaqiangbei Song Shiqiang) summarised that there are about four factors.

First of all, thanks to the third international industrial transfer, refers to Japan, South Korea, Singapore, Taiwan, these sub-developed countries and regions, the labour-intensive and backward production capacity to the Chinese mainland, the first to undertake is the coastal areas. Coincidentally, mainland China has a huge labour reserve, that is, we say the demographic dividend, not only the population base is large, and this part of the people after the initial education, such as junior high school high school a lot of them, they are slightly trained to become a production line qualified workers, and furthermore can be used for a number of technical positions. The third factor is Shenzhen's unique geographical advantage, close to Hong Kong and Southeast Asia, foreign technology, capital, talent, in and out of the Shenzhen ports to go through, they will precipitate a lot of things. The fourth factor is the policy dividend, because of institutional reasons, at that time in the Mainland not allowed to do some things, in Shenzhen City is allowed, let's say Shenzhen Vanke before selling video recorders, he has the government approval he can sell, but also can sell approval to make money is probably the case. So the four factors, [international industrial transfer, the second demographic dividend, the third policy dividend, the fourth unique geographical advantage, and ultimately contributed to the development of Huaqiang North's good development trend.

 Huaqiangbei Song Shiqiang is a researcher of private economy in the Economic Development Centre of the State Council, a member of the Electronic Information Expert Pool of the China Association for Science and Technology, an expert in Huaqiangbei business research, and a popular science columnist.

Mr Song Shiqiang is now investing in two companies, Shenzhen SLKOR Semiconductor and Shenzhen Kinghelm Electronics, to build "SLKOR" (www.slkormicro.com) and "Kinghelm" (www. kinghelm.com). Kinghelm" (www. kinghelm.com.cn). SLKOR and KINGHELM are both national high-tech enterprises, with dozens of original invention patents and software copyrights. SLKOR is one of the fastest growing semiconductor companies in China, and SLKOR's vision is to become a "semiconductor industry leader".