Heiwai TANG
Prof. Heiwai TANG
Director, Asia Global Institute
Director, APEC Study Center
Associate Director, Institute of China Economy
Associate Director, Hong Kong Institute of Economics and Business Strategy

3917 0029
3917 4388

MB 335/ KK 920

Academic & Professional Qualification
  • PhD: MIT
  • Bachelor: UCLA

Heiwai Tang is Professor of Economics, Director of the Asia Global Institute and HKU APEC Study Center, as well as the Associate Director Institute of China Economy and the Hong Kong Institute of Economics and Business Strategy at the University of Hong Kong (HKU). Prior to joining HKU, he was tenured Associate Professor of International Economics at the School of Advanced International Studies (SAIS) of Johns Hopkins University. He is also affiliated with the Federal Reserve Bank of Dallas (U.S.), the Center of Economic Studies and Ifo Institute (CESIfo, Germany), the Kiel Institute for the World Economy (Germany) and the Globalization and Economic Policy Center (U.K.) as a research fellow. He has been a consultant to the World Bank, the International Finance Corporation, the United Nations, and the Asian Development Bank; and held visiting positions at the IMF, Stanford, MIT, Harvard. He is currently an associate editor of the Journal of International Economics, the Journal of Comparative Economics and the China Economic Review. Since 2021, he has served on a number of public bodies, including the Currency Board Sub-Committee of the HKMA’s Exchange Fund Advisory Committee and the Minimum Wage Commission in Hong Kong.

Heiwai holds a Ph.D. in economics from MIT and a Bachelor of Science in mathematics from UCLA. His research interests span a wide range of theoretical and empirical topics in international trade, with a specific focus on production networks, global value chains, and China. His research has been published in leading journals in economics, including American Economic Review and Journal of International Economics. His research and opinions have been covered by BBC, Financial Times, New York Times, Al Jazeera, Foreign Policy, South China Morning Post, and various think tanks such as the Brookings Institution and the Peterson Institute for International Economics.


Columbia-LBS-HKU EMBA: The New World Order

HKU-PKU DBA: Frontiers in Economics Research

Fudan-HKU IMBA: The New World Order

HKU: Undergraduate Common Core – China in the Global Economy; MBA – Global Economy; Master of Economics – Economic Policy

Research Interest

International Trade, Global Value Chains, Development Economics

Selected Publications
  • ​“Currency Carry Trade by Trucks: The Curious Case of China’s Massive Imports from Itself”, Review of Finance, forthcoming. (with Xuepeng Liu, Zhi Wang, and Shang-Jin Wei)
  • “Do Multinationals Transfer Culture? Evidence on Female Employment in China”, Journal of International Economics, 133, Nov 2021, 103518. (with Yifan Zhang)
  • “Domestic Segment of Global Value Chains in China under State Capitalism”, Journal of Comparative Economics, 48(4), Dec 2020, pp. 797-821. (with Fei Wang and Zhi Wang)
  • “Excessive Entry and Exit in Export Markets”, Journal of the Japanese and International Economies, 53, Sep 2019, 101031. (with Hiro Kasahara)
  • “Why is China Investing in Africa? Evidence from the Firm Level”, World Bank Economic Review, 32(3), Oct 2018, pp. 610-632. (with Wenjie Chen and David Dollar)
  • “Are Foreign Firms Favored in China? Firm-level Evidence on the Collection of Value-Added Tax”, Journal of International Business Policy, 1(2), Inaugural Issue, Jun 2018, pp. 71-91. (with Yasheng Huang)
  • “Domestic Value Added in Exports: Theory and Firm Evidence from China”, American Economic Review, 106(6), Jun 2016, pp. 1402-1436. (with Hiau Looi Kee)
  • “Scale, Scope, and Trade Dynamics of Export Processing Plants”, Economics Letters, 133, Aug 2015, pp. 68-72. (with Ana Fernandes)
  • “Learning to Export from Neighbors”, Journal of International Economics, 94(1), Sep 2014, pp. 67-84. (with Ana Fernandes)
  • “Factor Intensity, Product Switching, and Productivity: Evidence from Chinese Exporters”, Journal of International Economics, 92(2), Mar 2014, pp. 349-362. (with Yue Ma and Yifan Zhang)
  • “International Politics and Import Diversification”, Journal of Law and Economics, 56(4), Nov 2013, pp. 1091-1121. (with Sergey Mityakov and Kevin Tsui)
  • “Exchange Rates and the Margins of Trade: Evidence from Chinese Exporters”, CESIfo Economic Studies, Symposium on China’s Trade Performance, 58(4), Dec 2012, pp. 671-702. (with Yifan Zhang)
  • “Determinants of Vertical Integration in Export Processing: Theory and Evidence from China”, Journal of Development Economics, 99(2), Nov 2012, pp. 396-414. (with Ana Fernandes)
  • “Labor Market Institutions, Firm-specific Skills, and Trade Patterns”, Journal of International Economics, 87(2), Jul 2012, pp. 337-351.
Awards and Honours
  • Hong Kong RGC Grant, Co-PI, HKD 418,975, 2022-2024
  • Committee of 100 Next Generation Leader, 2018
  • Richard Paul Richman Center for Business, Law, and Public Policy Grant, Columbia University, Co-PI, USD 14,500.
  • Social Sciences and Humanities Research Council (SSHRC) of Canada Insight Grant, Co-Investigator, CAD 78,736
  • Student-Elected Best Professor of the Master of International Econ and Finance Program, JHU SAIS, 2016-2017
  • Alcoa Foundation Grant, Co-PI, USD 500,000, 2016-2019
  • Hong Kong RGC Grant, Co-PI, HKD 364,378, 2017-2019
  • Outstanding Referee Journal of International Economics, 2014-2017.
  • Hong Kong RGC Grant, Co-PI, HKD 336,462, 2011-2013
  • The Nuffield Foundation Social Science Grant, SGS/36581, Co-PI, £12,000, 2009-2011
  • MIT Presidential Fellowship, 2002-2003
Service to the University/Community
  • Currency Board Sub-Committee of the HKMA Exchange Fund Advisory Committee, Member, 2022-
  • Minimum Wage Commission in Hong Kong, Member, 2022 –
  • Pacific Economic Review, Managing Editor, 2022 –
  • Journal of International Economics, Associate Editor, 2019 –
  • China Economic Review, Associate Editor, 2018 –
  • Journal of Comparative Economics, Associate Editor, 2017 –
  • China Economics Summer Institute, Academic Committee Member, 2017 –
  • International Finance Corporation (IFC), Consultant, 2017 –
  • United Nations Industrial Development Organization, Consultant, 2016 – 2017
  • Asian Development Bank, Consultant, 2016 – 2017
  • IMF, Research Department, Visiting Scholar, 2015 – 2016
  • World Bank, Consultant, 2013 – 2017
Recent Publications
香港經濟:「驚濤駭浪」的一季度GDP收縮4% 復蘇面臨諸多限制


Hong Kong to become an ESG hub and a zero-carbon economy

「環境、社會及管治」(Environmental, Social, and Governance;簡稱ESG)近年成為全球熱門話題。近日環球金融市場備受時局動盪影響,市民因受「息誘」,對綠色債券趨之若鶩,但對其背後意義及對經濟的影響,到底有多少認識?

Hong Kong to become an ESG hub and a zero-carbon economy

「環境、社會及管治」(Environmental, Social, and Governance;簡稱ESG)近年成為全球熱門話題。近日環球金融市場備受時局動盪影響,市民因受「息誘」,對綠色債券趨之若鶩,但對其背後意義及對經濟的影響,到底有多少認識?



借鑒三小國改革經驗 完善再工業化產業政策


Hong Kong plan to ease COVID restrictions ‘comes too late’

Hong Kong imposed some of the world's toughest restrictions earlier this year after being hit by a fifth wave of coronavirus infections. But from Thursday, they are being relaxed. Restaurants will be allowed to serve until 10pm and hair salons and gyms can reopen. But critics say it's too late for some businesses and the territory's COVID-19 policy needs to change dramatically.

【煒論經濟】借鑒三小國改革經驗 完善再工業化產業政策

繼早前在本欄與讀者探討三個香港未來可發展的產業,包括第三代半導體、生物科技和食品科技 ,筆者今次跟大家分享我對三個小型開放經濟體—— 以色列、新加坡和瑞士的經濟政策研究。選擇探討這三個國家的經驗,皆因其人口、勞動力成本和經濟發展均與香港相近,但先進製造業的表現卻遠遠拋離香港。


筆者早前與香港生產力局合作的《再工業化研究報告》,專注研究三個與香港經濟及人口規模相似的經濟體 ——以色列、新加坡和瑞士。近日新加坡政府與以色列政府簽署了關於人工智能的合作備忘錄,並提倡加強在農業科技和食品科技等領域合作。當像新加坡這樣類似香港的小型開放經濟體居安思危,重新想像後疫情時代自身在全球經濟的定位及籌謀新發展方向,香港又是否應想想如何向高端科技工業推進?

China-EU trade: commercial ties ‘hard to break’ despite disagreement over Ukraine war

Trade between China and the European Union (EU) could see some minor strains over Beijing’s stance on the Ukraine war, but decoupling is unlikely given the entrenched commercial relationship and impracticality of diversifying supply chains, experts say.

Copying gender practices from MNCs is good for business

In their study “Do multinationals transfer culture? Evidence on female employment in China”, published in the Journal of International Economics in July 2021, authors Heiwai TANG and Yifan ZHANG show that MNC practices do impact the behaviour of local companies, and the outcome is a positive impact on the productivity of local companies.


在本系列專欄的開首,筆者提及半導體産業鏈為香港應發展的五大科技產業之一。當前全球經濟在數碼轉型,生產及生活正在經歷ABCDR(即是人工智能(AI);區塊鏈(Blockchain);雲計算(Cloud Computing);大數據(Big Data)及機械人技術(Robotics)的革命,所有技術都大量增加對晶片需求,令半導體成為一項戰略資產。



‘No easy exit’: Omicron outbreak tests China’s anti-Covid strategy

A surge in cases is forcing Beijing to adjust its strict pandemic measures, but it’s in no hurry to “live with Covid” as other countries are doing.

跨國精英逃港 損金融競爭力




China orders 51 million into lockdown as COVID surges

HONG KONG -- China is facing its worst COVID crisis since early 2020, when the world first witnessed an entire population locked down to contain the coronavirus in Wuhan and its surrounding province.



The Impact of the Russo-Ukrainian War on the Global Economy?


The Impact of the Russo-Ukrainian War on the Global Economy?


RCEP展「亞洲式」多邊主義 香港經濟現新重點


Ukraine invasion: Chinese tech firms face dilemma over Western sanctions on Russia

US sanctions on exporting hi-tech products to Russia are creating a dilemma for Chinese tech companies, from ride-hailing giant Didi Chuxing to smartphone vendor Xiaomi.





COVID-19: Hong Kong sets aside nearly US$22b in Budget to cushion impact of curbs

Hong Kong has set aside nearly US$22 billion in the Budget to cushion the impact of prolonged social restrictions.

Hong Kong unveils $22bn budget as ‘zero COVID’ hammers businesses

Hong Kong announced a HK$170 billion ($21.79bn) budget to boost its flailing economy on Wednesday, as the territory battles a fifth wave of coronavirus infections with its harshest pandemic restrictions yet.

港府料香港18個月後加入RCEP 助推動再工業化


Putting HK on stronger footing

The Hong Kong Special Administrative Region may not feel so blue after all — the city’s budget deficit for the 2021-22 financial year will probably range from HK$400 million ($51.2 million) to HK$37 billion — significantly less than the government’s forecast of HK$101.6 billion in February last year.

Putting HK back on its feet

While the HKSAR government still seems to be dodging long-term reform of its tax regime, accountants and economists are calling for comprehensive tax reform to bolster the city's economic competitiveness and rationalize economic planning.



有學者稱再派消費券或推高通脹 政府長遠應研擴闊稅基增加收入



上文為讀者分析為何香港有潛力發展五大先進工業,本文先聚焦介紹第一個產業——生物科技。為何先介紹生物科技? 天時也。世界主要經濟體正經歷人口老化,對醫療及長者支援服務和產品的需求龐大,並預計將持續增加。再加上新冠肺炎在全球肆虐已進入第三年,醫療健康產業成為全球焦點,獲各國政府推動發展,資本市埸也爭先投資。

Insights on Hong Kong’s Reindustrialisation

Professor Heiwai Tang, also Associate Director of HIEBS, together with his team, jointly published this report with Hong Kong Productivity Council. The report aims to analyse the current performance and the future potential of three advanced manufacturing industries, in which Hong Kong is often perceived to have comparative advantages – FoodTech, GreenTech and HealthTech.

再工業化五大產業 為香港經濟和年輕一代創新天


煒論經濟|再工業化「五大產業」 為香港經濟和年輕一代創新天


疫下運輸受阻 貨品供應地捨近求遠?




A Microanalysis of Hong Kong’s Reindustrialisation


A Microanalysis of Hong Kong’s Reindustrialisation


Crossing the border for greater opportunities

Hong Kong insurers are now eagerly awaiting the border re-opening with the mainland and keen to tap into the growing Greater Bay Area (GBA) market. And while COVID-19 has accelerated digital transformation, maintaining the “human touch” is equally important to an industry that is people-oriented and built on trust and integrity.

新時代新氣象 再工業化打造 香港經濟新引擎

科技日新月異的今天,香港傳統工業正在默默起革命,在「後疫情」年代,「再工業化」能否應運而生,扭轉香港長期過度倚重金融和地產的格局?本報策劃「香港新工業」系列專題,專訪了多位業界權威及學界精英,他們均對香港「再工業化」寄予厚望,期盼能夠藉此貢獻國家,並為香港經濟注入全新動力。  中國社會科學院工業經濟研究所研究員李曉華撰文指,製造業曾經在香港經濟崛起中發揮過重要作用,高峰時期工業佔香港地區生產總值的比重超過30%。但是,隨着香港製造業持續外遷,工業生產總值佔比越來越低,2019年香港製造業增加值只有293.66億元,佔地區生產總值的比重下降到1.1%。

內地及港澳建單一自貿區 安全是前提


What are the Shortcomings of Reindustrialisation in Hong Kong?

The Hong Kong government put forth the reindustrialisation initiative in 2016, with the aim of improving Hong Kong's economic structure. However, over the past five years, the manufacturing industry has accounted for only 1% of the Hong Kong's GDP, and Hong Kong's economic development is still struggling to shake off an over-reliance on financial and professional services.

Universities need to generate innotech talent

The Hong Kong Productivity Council said on Monday technology companies are eager to manufacture more of their products in the SAR, but they need support to help nurture talent.

Do Multinationals Transfer Culture? Evidence on Female Employment in China

We study the global diffusion of culture through multinationals, focusing on gender norms. Using data on manufacturing firms in China from 2004 to 2007, we find that foreign affiliates from countries with a more gender-equal culture tend to employ proportionally more women and appoint more female managers. They also generate cultural spillovers, as we find that domestic firms' female labor share increases with the prevalence of foreign affiliates in the same industry or city. Based on a multi-sector model that accounts for firm heterogeneity in productivity, gender bias, and learning, we perform counterfactual exercises. By hypothetically eliminating firms' gender biases, we observe a 5% increase in China's aggregate total factor productivity, 19% of which is due to spillovers from foreign affiliates.

Revolutionizing HK’s landscape, economy

The making of the Northern Metropolis heralds a reshuffling of Hong Kong’s landscape and economy in the coming years — an ambitious and timely visionary move to optimize the city’s unbalanced economic structure and integrate it into the robust development of the Guangdong-Hong Kong-Macao Greater Bay Area, pundits said. In the last Policy Address of her administration’s current tenure, delivered on Oct 6, Chief Executive Carrie Lam Cheng Yuet-ngor unveiled a blueprint to develop the northern part of Hong Kong into a metropolitan area.

藉國際化優勢 拓展外循環




財經演義 – 香港前路







政府自2016年開始推出多項措施,投資過百億元,協助傳統行業以科技升級改造,以及發展高產值行業。5年後的今天,無論製造業佔本地生產總值或工人佔本地總就業人口依然不變,其實政府一直提倡的「再工業化」 概念,究竟為香港工業帶甚麼改變?香港企業在回應工業4.0的大勢時,又面對甚麼問題呢?

前海方案︱學者:港府應更主動講出自身優勢 不必懼怕人才流失

國務院本周一(9月6日)公布《全面深化前海深港現代服務業合作區改革開放方案》(前海方案),將前海合作區域面積擴大至原本的8倍。國務院新聞辦公室今日(9月9日)下午舉行新聞發布會,介紹橫琴、前海兩地開發建設有關情況。 港深合作的議題,對於港人來說絕不是新鮮事,也同時會帶來一個疑問:到底香港和深圳協作,是競爭還是互補?尤其最大的疑問是:在整份前海方案中,香港的角色只是「從旁協助」前海發展,一旦香港的專業服務、企業家落戶前海,又會否導致香港人才流失?

Why has economic development often failed to deliver common prosperity?

從孔子的「不患寡而患不均」或亞里士多德的「最差的不平等形式是讓不平等的事物變得平等」(The worst form of inequality is trying to make unequal things equal),到近年美國坊間探討下滲經濟學(Trickle-down Economics)的失敗,及最近中國在檢討自改革開放以來「一部分人先富起來」後「共同富裕」的進展,貧富懸殊自古以來都是常被熱論的話題。筆者在此綜觀全球貧富懸殊問題和聚焦香港的嚴峻情況,望能激發更多深入的討論及思考。

Why has economic development often failed to deliver common prosperity?

從孔子的「不患寡而患不均」或亞里士多德的「最差的不平等形式是讓不平等的事物變得平等」(The worst form of inequality is trying to make unequal things equal),到近年美國坊間探討下滲經濟學(Trickle-down Economics)的失敗,及最近中國在檢討自改革開放以來「一部分人先富起來」後「共同富裕」的進展,貧富懸殊自古以來都是常被熱論的話題。筆者在此綜觀全球貧富懸殊問題和聚焦香港的嚴峻情況,望能激發更多深入的討論及思考。

香港工業有何出路? 港大教授建議 四行業有發展潛力

【iM人物專訪】香港工業有何出路? 港大教授建議 四行業有發展潛力




之前的幾十年裡,羅伯托·萊昂內( Roberto Leone)一直將電子產品生產外包給中國內地和東南亞等低成本地區,而現在他為自己的最新生產地選擇了一個令人意外的地點:亞洲成本最高城市之一的中國香港。在鄰近內地的元朗區,萊昂內參與創建的公司Nirotech Ltd.自2020年12月以來生產約3萬套視頻門禁對講機。


中新社香港7月20日電(記者王嘉程)香港特區政府統計處20日發表今年4月至6月最新勞動人口統計數字,經季節性調整的失業率由3月至5月的6.0%下跌至4月至6月的5.5%。 具體數字方面,總就業人數由上一期的363.04萬人,上升至364.01萬人,增加約9700人。同期總勞動人口則由386.37萬人下跌至385.31萬人,減少約1.06萬人。就業不足率也從2.8%下跌至2.5%。



China backs Hong Kong to join RCEP trade deal in potential boost to city’s flagging logistics sector

China’s central government has expressed strong support for Hong Kong joining the Regional Comprehensive Economic Partnership (RCEP), after its financial secretary said the city intended to become a member of the 15-nation trade bloc in what could be a boost to its flagging logistics sector.

尖端科技.二|去科技化之痛 :「矽港」胎死腹中,陷入惡性循環




Why is now the best moment for Hong Kong’s economic transformation?


Why is now the best moment for Hong Kong’s economic transformation?


房住不炒.上 | 內地打擊樓市炒風 香港依然深陷炒樓泥沼




SAR risks ‘losing a generation of tech talent’

Hong Kong could lose a generation of technological talent because of scarce opportunities amid industrial polarization, with its economy revolving around just finance, an academic has warned.

Iron ore is saving Australia’s trade with China. How long can it last?

Wine and wheat. Lobsters and logs. Beef and barley. If Australia exports it, China has likely put up barriers to entry over the past year, as diplomatic relations between the two countries rapidly deteriorated. Now, one commodity is almost single-handedly keeping the trade relationship afloat: iron ore.

傳拜登向富豪「開刀」 稅率高達43.4% 學者:開天殺價落地還錢


Positive non-interventionism: An economic philosophy that has impacted HK for half a century


Positive non-interventionism: An economic philosophy that has impacted HK for half a century


Hong Kong Wants to Bring Back Factory Jobs That Left Long Ago

After decades overseeing the outsourcing of electronics production to low-cost destinations in China and Southeast Asia, Roberto Leone has chosen an unlikely location for his latest manufacturing venture: one of Asia’s most expensive cities, Hong Kong. Nirotech Ltd., the company Leone co-founded, has been pumping out 30,000 video door intercoms a month since December from the district of Yuen Long, near the border with mainland China.



雙循環|國際形勢劇變 中國戰略調整 香港「山雨欲來風滿樓」


Industry 4.0 needs all gears to mesh

Hong Kong’s reindustrialization strategy, announced in 2016, commits over $12.9 billion to a data center, an advanced manufacturing center, applied research, platforms for medical technology and other ambitious projects. However, policy gaps remain to be filled, reports Oswald Chan from Hong Kong.

疫下食品製造商申資助推智慧生產 學者倡再工業化促進就業


Hong Kong’s axing from Heritage Foundation’s Economic Freedom rankings a gift that will keep on giving

Market failures related to global finance and Covid-19 should have made policymakers realise that to function well, free markets require sound rules. Hong Kong needs to consider how it can achieve a better state-market balance in a post-pandemic world rather than cling to outmoded ideas of the free market.

再工業化 ‧ 一 | 正視「再工業化」錯誤 帶領「香港製造」重生


Rebooting Hong Kong’s economy

Decimated by the triple whammy of lingering trade frictions between the world’s two largest economies, the COVID-19 pandemic and a deglobalization trend, Hong Kong’s economy shrank a record 6.1 percent in 2020.

RCEP啟航了 香港怎麼辦?



香港大學中國與全球發展研究部副總監鄧希煒,今日出席《香港01》2020 經濟高峰論壇時表示,香港四大支柱之中,只有金融持續上升,但金融業只能為香港提供10%的就業機會,且無法推動其它行業的發展,如初創及再工業化等等。

美股賀拜登履新 新高後有更高


拜登上任美股上漲 學者指市場不確定性減少


中國外貿全球第一 V 型反轉屢創新高良好勢頭將持續


RCEP – A miraculous act amid deglobalisation

2020年11月15日,東盟10國加上中國、日本、南韓、澳洲和紐西蘭共15國簽署《區域全面經濟夥伴協定》(Regional Comprehensive Economic Partnership;簡稱RCEP)。稍後待各國於國會通過後,協定將會是有史以來最大的自由貿易協定,涵蓋全球三分之一的人口(約23億)及本地生產總值(GDP),預計到了2030年,GDP更將佔全球的一半。




回望2020年,在新冠肺炎疫情陰霾下,全球經濟疲弱。而中國作為最早令國內疫情受控的國家,成為全球唯一實現經濟正增長的主要經濟體。   在美國發展了21年的港人鄧希煒於中美貿易戰翌年決定回到本港工作,擔任香港大學經濟學教授。鄧希煒接受大公報專訪時表示:「在此時回來,看好內地和香港未來發展,也希望憑藉自己在美國的經驗,為香港作出貢獻。」說到美國對中國實施多項制裁,包括限制高科技出口中國,他認為這反而促進中國高端科技研發

建言獻策/香港再出發 急需再工業化


經濟轉型/港發揮優勢 融入國家雙循環


鄧希煒料拜登續遏制中國 中美仍有合作空間


西方迫中國開放金融 香港恐失中介地位

無論誰主白宮,中美友好關係都不復返。其中,最令港大教授鄧希煒擔心的,莫過於香港這位「金融中介人」的處境,並呼籲各界把握時機,及早進行經濟轉型。 民主制度無法選出最優秀的人,起碼能夠趕走不合格的人──抱着「特朗普以外任何人」(Anyone but Trump)的美國人,用選票體現了這句經典對白。然而,儘管兩黨鬥得難分難解,美國朝野內外還是達到一大共識──就是「沒有人再敢提中美友好,否則是自殺行為!」港大經濟及工商管理學院經濟學教授鄧希煒向本刊表示。

西方圍堵中國 香港再工業化契機

民主制度無法選出最優秀的人,起碼能夠趕走不合格的人──抱着「特朗普以外任何人」(Anyone but Trump)的美國人,用選票體現了這句經典對白。然而,儘管兩黨鬥得難分難解,美國朝野內外還是達到一大共識──就是「沒有人再敢提中美友好,否則是自殺行為!」港大經濟及工商管理學院經濟學教授鄧希煒向本刊表示。

專訪港大教授鄧希煒:赴美廿年初回流 寄望香港「再工業化」


施政報告2020|螞蟻觸礁啟示——理性投資獨角獸 大膽監管新產業


鄧希煒教授:香港經濟轉型百年難得機遇 重新考慮再工業化發展


美國大選2020|特朗普VS拜登 誰人當選最「有利」香港?


美國大選2020|選戰之後 香江再定位


特朗普連任對華態度或改變 鄧希煒:不排除有人軟化|財經加零一


美國大選2020|大選戰況激烈 港大鄧希煒:郵遞選票是關鍵





編者按:上個世紀,香港憑藉自由港優勢,在大國狹縫中實現經濟騰飛。如今新冷戰襲來,香港遭美國制裁,關稅可能面臨調整,Made in Hong Kong的標籤也行將消失。香港製造還可以振興嗎?端傳媒深入三家香港企業,從產業角度透視香港問題。此項目端傳媒亦與日本放送協會(NHK)合作,為NHK提供調研、採訪和攝影,雙方根據素材獨立完成影片製作。NHK作品 The “Made in Hong Kong” Dilemma已於10月30日於NHK World頻道播出。

Hong Kong must reindustrialise to reinvent its economy

With neighbour Shenzhen poised to pull ahead, Hong Kong needs an economic transformation of its own: it must end its reliance on the financial industry. The city should focus on creating rewarding, good-paying jobs that benefit more than a few by upgrading its workforce and developing a new manufacturing sector based on science and technology.


Opinion piece by Professor Heiwai Tang, Professor of Economics.

Hong Kong’s third economic transformation – What are we waiting for?

The article 《香港第三次經濟轉型,還等什麼?》 was originally published in Hong Kong Economic Journal column 「龍虎山下」

港大鄧希煒撐再工業化 「香港本身有工業DNA」|財經加零一

Professor Heiwai Tang, Professor of Economics, was quoted by HK01.

【競爭力.三】香港失落最自由經濟體地位 是好事還是壞事?

Professor Heiwai Tang, Professor of Economics, was interviewed by HK01 about HK’s ranking as a free economy.

Beware of the resurgence of populism in the post-pandemic world

民粹主義近年在多國抬頭,與當前全球經濟和政治變局有密不可分的關係,若要分析國際政經發展,必先理解近年民粹主義冒起的原因。 隨着2008-09年全球金融風暴過後,民粹迅速在各地崛起。在美國,繼茶黨運動在2010年興起,特朗普隨後標榜「美國優先」而在2016年當選總統。此外,法國有右翼政黨國民陣線崛起,英國則有獨立黨在不同選舉中取得佳績;就連一向少受民粹運動影響的瑞典和德國,也漸見到民粹黨派興起。至於發展中國家,委內瑞拉總統查韋斯(Hugo Chavez),厄瓜多爾總統科雷拉(Rafael Correa)、玻利維亞總統莫拉萊斯(Evo Morales),均着眼於資源再分配政策;而極右翼民粹主義領袖,則包括巴西總統博爾索納羅(Jair Bolsonaro)和菲律賓總統杜特爾特(Rodrigo Duterte)。2016年英國公投後脫歐,以及2018年展開的中美貿易戰等,都在此形勢下產生,世界經濟與秩序亦相繼出現不穩定性。

Coronavirus yet another twist in trade war

The long-term rivalry between the US and China has since the election of President Trump manifested itself in the form of an economic conflict between the world’s greatest powers. With geopolitical flux now the new normal, Hong Kong citizens’ struggle to maintain their freedoms saw US politicians jump on the bandwagon in 2019; now the COVID-19 is the latest issue that both the US and China are dragging into the general trade war. Who has the upper hand?

Can globalisation survive coronavirus or will the pandemic kill it?

Professor Heiwai Tang, Professor of Economics, was interviewed by SCMP on the future of globalisation after the pandemic

Evolution of globalisation: development and reflections over the past 2 centuries


Coronavirus: What’s going to happen to China’s economy?

Professor Heiwai Tang, Professor of Economics, was interviewed by SCMP on China's economy amid coronavirus

Coronavirus cases are dropping – should HK reopen the economy?

Podcast of Professor Heiwai Tang, Professor of Economics, on Hong Kong stimulus package and whether the government should start reopening the economy

【未來基金.上】方向不明 目標不清 三問「港版淡馬錫」

Professor Heiwai Tang, Professor of Economics, was interviewed by HK01 on Future Fund.

【未來基金.下】「港版淡馬錫」 會否淪為「四不像」?

Professor Heiwai Tang, Professor of Economics, was interviewed by HK01 on Future Fund.

“What will the new normal look like when the pandemic ends?”

Professor Heiwai Tang, Professor of Economics, was interviewed by TVB Pearl on the economic impacts of COVID-19.

Prof. Heiwai Tang: A u-shaped recovery is expected for the China’s economy

Professor Heiwai Tang, Professor of Economics, was interviewed by BBC World News on the impacts of COVID-19 to the economy of China.

How coronavirus is changing Beijing’s economic strategy; what the coming collapse in global trade means

Podcast by Professor Heiwai Tang, Professor of Economics, on the business environment when the pandemic is over.

Rebooting Chinese manufacturing is necessary, but yet to offset global economic downturn


Coronavirus could leave the world an even more unequal place. That would be a real disaster

Article by Professor Heiwai Tang, Professor of Economics, on the business environment when the pandemic is over.

The New Global Economic Reality in Sino-US Game

Interview of Professor Heiwai Tang, Professor of Economics, on US-China trade war

Why the coronavirus is a ticking time bomb in the US: a costly and inefficient health care system

Article by Professor Heiwai Tang, Professor of Economics, on US's costly and inefficient health care system in dealing with COVID-19.

China risks a Covid-19 second wave

“With millions of workers heading back to the factories, dining in the shared cafeterias and sleeping in the shared dormitories, the risk of a second wave of infections could be substantial,” said Professor Heiwai Tang, Professor of Economics.

China’s return to work is good news for the economy – but it also risks unleashing a second wave of Covid-19 infections

Article by Professor Heiwai Tang, Professor of Economics, on COVID-19 outbreak and Chinese economy.

Coronavirus outbreak slashes China’s greenhouse gas emissions

Interview of Professor Heiwai Tang, Professor of Economics, on COVID-19 outbreak and Chinese economy.

Create Positive Impact on Hong Kong’s Development: Professor Heiwai TANG

More than an expert in international trade, Professor Tang is also a veteran consultant with rich experiences working with International Non-Governmental-Organisations. Returning home at this historical moment, Professor Tang hopes his expertise could contribute to the city.