Transcription
We, we feel that the goods and services flow here is not actually a solution. I feel the first thing is to bring those in the Greater Bay Area cities. The entire Hong Kong, the entire lowest 11 cities. All the attention is spoken to ten points, meaning no one, no one feels this. The Greater Bay Area, when it started. I think three currencies can be balanced. It's all RMB, but not a currency. Well, or HKD currency. But it's already free, right? You bring it, meaning digital. I think you have a university, a university, it wants to open a branch in Hong Kong. Absolutely should be welcomed. Scared. Then you have no reason to ask them to buy land? Then my opinion is. Rent it to them. Rent. 1 dollar a year. A year. If they don't do it, I'll take it back. It's not like giving it to them. So if so-called, no tongue. Great professor, because you were once the chairman of the Chinese University. You have a lot of insight into Hong Kong's education. You once suggested that Hong Kong become an international education hub. And you think this can solve Hong Kong's problems. That is, for example, the problem is yes, because education can hire many people and can create a new industry. Then I want to ask how to do it. I'll tell you why I made this suggestion. Because I know Hong Kong is an international financial center, this is undeniable. But Hong Kong's contribution to the international center to Hong Kong's GDP is also very large, more than 2. But it solves the problem, the problem. The financial industry in Hong Kong accounts for only 17% of the industry. So no matter how big the financial industry is, the beneficiaries are not that many. This is the most, most, most important factor. So you say if we do education on a large scale for the whole world, then you become these people who come here, they are tourists for four years. And not even their own family members will come with their family members. So it's a big difference. You now, we. This is very important. Then you can meet the demand. But secondly, if you do this, it becomes. We have many talents. The most affected are in Hong Kong, teachers, students. You see, many people go to study. Many people cry and don't leave when they study. So those are talents. So I think it's very possible, it's very possible to do it. But this way of doing it requires the government to strongly support it. I think the most important thing is what? You have to be willing to give land. Because now professors, many universities in Hong Kong are facing the biggest problem, which is not insufficient enrollment, nor is it financial. The biggest problem is land. It's the Greater Bay Area. Chinese University seems to have land, but actually a lot of land is mountainous. It doesn't matter, we Chinese University has it, we can still do it. Well, actually, it's all about land problems. How to solve it? This is very simple. How much? We have 20-something. You know how much has been used. It should be four or eight. Eighty-something. So you want to do this, you have to be willing to take out some land. I'm not against. This, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, 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this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this, this by the United States. So you have to see, where can we add value? In the past, everyone may have some worries that the United States may treat Hong Kong and China differently. But now we should not have this worry. It's exactly the same. So in this situation, what role do we still have? That is, what use is it to the United States? I think there are many places. For example, the connection. I think traditionally there are many, but the most important thing, I think in the long run, is the world. No matter where in the world, all places want to know more about China, understand China's operations. No matter what country it is. That is, South America, Africa, they all want more cognition of China. But where is the best place for their cognition? I think Hong Kong is the best place. The professor has suggested, especially as mentioned earlier, the Greater Bay Area. It is difficult for Hong Kong to fight alone. Combining with the region will further strengthen it. You once had a metaphor. For example, we are now the Greater Bay Area, with a population of 60 million. If the Greater Bay Area can achieve the same economic aggregate as Germany, you said there is a problem, which is very simple, which is information flow. It's also capital flow. Capital doesn't flow. So you have a suggestion. At that time, you said there can be a customs area, that is, an independent customs area, which is very free to pass. Another is that you mentioned that information can be freely used by the Greater Bay Area cities in mainland China to go out. Then you can talk about it. No. I think you hope that the Greater Bay Area can be united. We always talk about the flow of goods and services, the flow of people, the flow of capital, the flow of information. We have four flows, four non-flows. So this is why it has to be solved slowly. I feel that the flow of goods and services is not the solution. I feel the first thing is to reduce the tariffs in the Greater Bay Area cities and Hong Kong to the lowest. The lowest in the 11 cities. All tariffs are reduced to the lowest in the 10 cities. The service industry needs to be industrialized and standardized. That is, like a standard. If you meet the standard, you can flow. Speaking of capital, I mentioned before, what is it? It's about differentiating new money and old money. What does that mean? It means if we are in Hong Kong today, we can go to Shenzhen because it is within the Greater Bay Area. But after entering Shenzhen, can it continue to return to Shanghai? In principle, it should not be possible, because if it can, it becomes completely free. It should not be possible. So how to differentiate new money and old money? That is, this money is that I will go to Shenzhen today. Then it has to wait for one year before it can return to other places in mainland China. You wait tomorrow, but within the Greater Bay Area, it can stay. That is, it flows. You have to wait again. So what? This waiting for one year, is it one year that can be studied? This waiting for one year, in fact, there are many other developments. They have regulations. For example, Chile used to say that you can enter, but you have to deposit in the bank for one year. Fix. They don't want the money to go back and forth. So you go up, you put it in. After one year, you can do whatever you want. So you can use this method now. So this, the information you mentioned earlier, how about information? Information, I think it's like this. You are in Guangzhou, you are a salesperson. Hahaha. Then you browse the internet to see what supplies are available in Hong Kong first. You don't know. How can you do it? Of course, you can call. But in this century, you should be able to browse the internet. It's very simple. It has network security issues. Then you say, I go to places I shouldn't go. So. This is prohibited, but you know it. So how much is it? You can go there and visit. You know. So you should. Everyone understands that you can have facial recognition. As long as you can log in, you can go anywhere. But how much? If you go to places you shouldn't go, they know. They cancel it and you can never go again. So the technology is completely achievable. Achievable. Also, I think when the Greater Bay Area started, I think three currencies can be balanced. What does parallel flow mean? What is needed? In fact, it relies on digital currency. Go to Guangzhou. Ah, I've eaten. Jesus, I said this, and they don't know how to pay me. Except I don't need to. It can be calculated. How to pay? It can't be paid. So using RMB, HKD, using RMB, HKD, using currency, maybe using currency, and scanning HKD is also possible. So you have parallel flow, great. Let's go to the end of the program. I want to know your wise words, or your motto, that you can give our audience to pass the next five years safely. I've thought about it for a long time. I'll say it. I have eight words for you: rely on the motherland and have risks. It's okay to have risks. Why are there risks? If you've done it, you'll know. Why are there risks? Geopolitics, what will happen? We don't know. The current US president can do anything. Really, if you wake up, you might not know what's happening. He can do anything. So there will definitely be risks. He doesn't know. He suddenly closes. Last year, he kept closing. China also followed him. Now everyone is back. So it's called risks. Risks will eventually be overcome. Because of this, this is the breakdown of Sino-US relations. Because everyone lives well. So it won't be. It won't reach that point where everyone feels bad. So no one will vote. So that's it. So you say there will be risks in between, it's hard to say. Okay, thank you, professor. I hope we all have risks, but ultimately it's about taking risks. Taking risks is the most important thing. Thank you for being on the show. Thank you. Okay. Thank you. That's about it for today. See you next episode.