关键词: 香港, 全球化, 外资, 空间转化

Abstract: The implementation of China’s "open door" policy since 1979 has significantly facilitated social and economic reintegration between Hong Kong and Guangdong Province in southern China. This study assesses the processes and consequences of Hong Kong-Guangdong integra-tion in the transformation of a local economy in the zhujiang Delta. Intensified economic ex-change between Hong Kong and Guangdong has been a recent phenomenon despite the exis-tence of their traditional linkages. The northward shifting of industrial facilities from Hong Kong to Guangdong has been motivated by the imperative of lowering labour cost, increasing the rate of return for investment, and strengthening the overall competitiveness of Hong Kong manufacture in the international market. Geographic proximity, cultural affinity, and flexible state policy are three most important factors explaining the growth and locational characteris-tics of capital inverstment from Hong Kong to Guangdong. The relocation of manufacturing ac-tivity from Hong Kong to Guangdong has not displayed a spatial tendency of high concentra-tion in large urban centers. The existence of personal kinship ties,an improved transport in-frastructure, an abundant supply of cheap labour and land space,and the lack of strict regula-tions on environmental pollution have combined to make the suburban area between Hong Kong and Guangzhou a place no less attractive than a congested large city to Hong Kong man-ufacturers. Economic reintegration between Hong Kong and the Inland has resulted in a signif-icant process c( deindustrialization and tertiarization in Hong Kong. It has quickened the pace of rural industrialization in China and facilitated a distinct urbanization process in which a great number of surplus rural labourers entered factories in the countryside without having to move into cities. The intrusion of global capitalism has also effected the culture, behaviour, and lifestyle of the Chinese people in the Inland.

Key words: Hong Kong, globalization, foreign investment, spatial transformation