Jaideep Singh Final

8/8/2019 Jaideep Singh Final

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MAP


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POLITICAL MAP


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1. HISTORY2. GEOGRAPHY

3. DEMOGRAPHY

4. INFRASTRUCTURE/COMMUNICATION

5. GOVERNMENT

6. ECONOMY

7. MAJOR INDUSTRIES

8. HEALTH CARE INDUSTRY9. PHARMA INDUSTRY

CONTENTS


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HISTORY

Hong Kong began as a coastal island geographically located in southernChina

Initially a fishing village, salt production site and trading ground, it

eventually became an international financial centre that enjoys the world's

6th highest GDP per capita , supporting 33% of the foreign capital flowsinto China.

The territory was incorporated into China during the Qin Dynasty (221 BC -

206 BC)

The last dynasty in China, Qing Dynasty, was the last to come in contact

with Hong Kong until 1800`s.


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Hong Kong have been under constant colonization, be it CHINA,JAPAN

or THE BRITISH , Hong Kong was never an independent country.

Pre-historic Era

Imperial China era (221 BC 1842)

Colonial Hong Kong era (1800s 1930s)

Japanese occupation era (1940s)

Hong Kong under British rule (1950s 1997)

Modern Hong Kong under China (post-1997 present)


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Hong Kong in the late nineteenth century was a major

trading post of the British

Empire

In the 1960s, the manufacturing industry along with the

construction industry opened a new decade utilizing

large portions of the population making it the first turning point

for the country`s economy
http://en.wikipedia.org/wiki/File:Hk1960c.jpg


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On 1 July 1997 Hong Kong was handed over to the People's

Republic of China by the United Kingdom

The government dealt with the SARS outbreak in 2003.Other health crisis such as the Bird Flu Pandemic (H5N1)

gained momentum from the late 90s, and led to the disposal of

millions of chicken and poultry
http://en.wikipedia.org/wiki/File:Hongkong_Evening_Skyline.jpg


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Hong Kong is one of the two special administrative regions of thePeople's Republic of China, the other is Macau.

Situated south of the Tropic of Cancer, climate is humidsubtropical climate.

Situated on China's south coast and enclosed by the Pearl RiverDelta and South China Sea, it is renowned for its expansiveskyline and deep natural harbor.

With land mass of 1,104 km2 (426 sq mi) and a population ofseven million people, Hong Kong is one of the most densely

populated areas in the world.

GEOGRAPHY


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DEMOGRAPHY Population: 6.9 million

Population Density: 6,420 people per square kilometer

Ethnic Groups: Chinese (95%), Others (5%)

Languages: Cantonese, Mandarin, English

Literacy: 94.4%

Education: 75.5% of children finish upper secondary or equivalent vocational education

Subdivisions: Hong Kong, Kowloon, New Territories

Suffrage: Permanent residents, aged 18 and over, living in Hong Kong for the pastseven years are eligible to vote (political franchisee).

AS C


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Hong Kong has a superb infrastructure, which meets its

population's needs and contributes to the efficiency and growth

of the economy.

Hong Kong has an advanced land, sea, and air transport and

communications system, including 1,831 kilometers (1,138

miles) of paved roads (1997 est.) and 34 kilometers (21 miles)

of electrified railways (1996 est.).

The railway system is one of the most efficient systems of the

world and is connected to Chinese railways via the Kowloon

peninsula.

INFRASTRUCTURE


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COMMUNICATION

The telecommunications system of Hong Kong is excellent,consisting of fixed-line and cellular services.

Hong Kong has one of the highest rates of usage of cellular

phones in the world.

Personal computers are widely used and their availability is

high (254 computers per 1,000 people in the same year).

Internet services were provided by 49 Internet serviceproviders in 1999.


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GOVERNMENT

Legislative Council of Hong Kong

Government House, the official residenceof the Chief Executive.


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One country two systems: Hong Kong is a Special Administrative Region ofthe Peoples Republic of China, with a high degree of autonomy in all mattersexcept foreign and defense affairs.

Hong Kong will retain its political, economic and judicial systems for 50years after reversion and will continue to participate in internationalagreements under the name of Hong Kong, China.

The primary institutions of government are:

The executive:

The Executive Council, headed by the Chief Executive who is elected by

the Election Committee and then appointed by the Central People's

Government.


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The civil service:

Public servants are appointed based on meritocracy

The legislature:

The Legislative Council has 60 members, 30 elected by permanent residents of Hong

Kong

The other half, known as functional constituencies, are directly headed by

the President of the Legislative Council who serves as the speaker

The judiciary:

The Judiciary of Hong Kong, comprising the Court of Final Appeal, the High

Court (which includes the Court of Appeal and the Court of First Instance),

the District Court et cetera.


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ECONOMY

The International Finance Centre in Central


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Hong Kong A Dynamic Economy

Fiscal year: 1 July 30 June

GDP Per Capita: $29,826 (2009)

GDP Growth: -3.1% (2009)

Work Force: 3.5 million (2009)

Retail Sales: $32.2 billion (2009)

HK Industry: Textiles, clothing, electronics, plastics, toys,watches, clocks

Total Exports: $355.5 billion (2009)


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HK Exports: Clothing, electronics, textiles, watches,clocks, office machinery

Total Imports: $377.3 billion (2009)

HK Imports: Consumer goods, raw materials, semi-manufactures, capital goods, foodstuffs, fuels

Exchange Rate: $US1.00 = $HK7.77 (12-30-2006)In 2009, Hong Kong was ranked third in the Ease of DoingBusiness Index.

Hong Kongs local market of 6.9 million people is augmented by

25.3 million tourists, including 13.6 million from mainland China.


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MAJOR INDUSTRIES The textile and garment industry

Other industries include the manufacture of electrical and

electronic equipment, plastics, toys, watches and clocks,

appliances, metal and rubber products, chemicals, and jewelry.

A major component of the industrial sector is the construction

industry.

Tourism is a major source of revenue, in addition to motion-

picture production, finance and insurance, and publishing.


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HEALTH CARE INDUSTRY


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Hong Kong's medical and healthcare equipment industry is mainly targeting at the household consumer

market.

In 2008, Hong Kong's total exports of medical and healthcare equipment grew by 23%.

The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) came into effect on 1

January 2004. All goods made in Hong Kong, including medical and healthcare products, subject to the

CEPA's rules of origin, can enjoy duty-free access to the Chinese mainland beginning January 2006.

In the Chinese mainland, the State Food and Drug Administration (SFDA) is in charge of the registration

and monitoring of imported medical devices.


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PHARMA INDUSTRY


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The industry is greatly pressured by stringent regulationsgoverning the production, manufacturing process, logistics and

sales of chemicals products

Local pharmaceutical brands, especially proprietary traditionalChinese medicine (TCM), are highly sought by Mainland

consumers. However, due to Mainlands strict control over

pharmaceutical products, it has barred Hong Kong products

from crossing the border


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The pharmaceutical distribution sector is very fragmented with about

10,000+ state-owned pharmaceutical wholesalers.

Direct marketing to doctors, is not developed much in Hong Kong.

Hospitals generate 60 percent of their revenues from the sale

of prescription drugs.

Hospital pharmacies are still the main retail outlets for pharmaceuticals,

accounting for 80 percent of total drug sales.


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MARKET SIZE

The Hong Kong Over the Counter(OTC) Healthcare market led by traditional medicines

representing almost 41 percent of the market and accounting for US$155.5 million in

sales.

Vitamins and minerals are the next largest segment accounting for 18.4 percent with a

value of US$69.9 million.

The total value of the OTC healthcare products market is US$379.2 million.

According to a survey- the Census and Statistics Department during February to May

2005, it was found that 22.8% of all persons aged 15 and over in Hong Kong had taken

health supplements during the previous twelve months.


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The following are some key points from this survey:

Age and sex

People aged 35-44

had highest rate of taking health supplements (29.3%),

persons aged 45-54 (24.5%) and

those aged 25-34 (23.0%).

Females- a higher rate of taking health supplements(27.1%)

Males-18.4%

Economic activity status

About two-thirds (63.8%) of the persons aged 15 and over who had taken health

supplements as in the survey were economically active (i.e. employed).


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Monthly household income

Persons with higher monthly household income had a greater tendency to take health

supplements.

Types of health supplements taken over half of those aged 15 and over who had taken healthsupplements reported they had

taken vitamins (5.2%), Chinese herbs/over-the-counter Chinese drugs (21.0%), calcium

tablets (15.1%), cod liver oil (12.5%), products for strengthening immune system (10.6%).

Purpose of taking health supplements:

The majority (80.8%) were to improve body functions, followed by to prevent diseases(26.1%) and to cure diseases (10.1%).


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Major players in the market

Hong Kong mainly imports health products from USA, UK, Switzerland, Japan,China, Korea, Australia and Canada. Minor suppliers include Malaysia, Singapore,

New Zealand,Germany and Finland

REGULATORY OVERVIEW

Duties/taxes

As Hong Kong is a free port, there are no customs tariffs on goods imported into or

exported from Hong Kong.

Excise duties are levied on only four types of goods liquors, tobacco,

hydrocarbon oil and methyl alcohol

Labeling requirements


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Labeling requirements

The Hong Kong Medical Council (http://www.mchk.org.hk/) requires that all

pharmaceuticals and doctor-dispensed medicines should carry labels that include

Chinese and English

explanations of dosage and frequency.

Under the guideline set out in the Pharmacy and Poisons Ordinance and Regulations,

general labeling requirements include:

(a) Name of the product

(b) Name and quantity of each active ingredient

(c) Name and address of the manufacturer

(d) Hong Kong registration number of the product (HKXXXXX)

(e) Batch number

(f) Expiry date

(g) Specific storage conditions


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List of retailers Watsons - http://www.aswatson.com/eng/retail_hb_watson.html

CR Care - http://www.crcretail.com/index.asp?Lang=E

Health Plus - http://www.healthplus.com.hk/

Green Dot Dot - www.greendotdot.com

PARKnSHOP -

http://www1.parknshop.com/WebShop/AboutParknshop.do

Market Place - http://www.marketplacebyjasons.com/

Three Sixty - http://www.threesixtyhk.com/

Taste - http://www.aswatson.com/eng/retail_fegm_221_taste.htm12 Vanguard - http://www.crvanguard.com.hk/crcshopweb/web/index.php

Vole - http://www.vole.com.hk/

City Super - http://www.citysuper.com.hk/

Jusco - www.jusco.com.hk


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Hyper link to the list of hospitals in

Hong Kong

file:///C:/Documents%20and%20Settings/Admi
http://c/Documents%20and%20Settings/Administrator/Desktop/Jaideep%20Singh/hospital/List%20of%20hospitals%20in%20Hong%20Kong%20-%20Wikipedia,%20the%20free%20encyclopedia.htmhttp://c/Documents%20and%20Settings/Administrator/Desktop/Jaideep%20Singh/hospital/List%20of%20hospitals%20in%20Hong%20Kong%20-%20Wikipedia,%20the%20free%20encyclopedia.htm


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