From a desolate island to a window bridge between China and the world, Hong Kong has surpassed Singapore and South Korea step by step to become the third world financial center after New York and London. The article analyzes the economic development history of Hong Kong and compares it with Shenzhen, Singapore and Tokyo, analyzes it from the perspectives of historical geographic factors, GDP, national policies and changes in industrial structure, and draws out the differences between Hong Kong and the other three cities in terms of economic development, and analyzes the impacts that these differences bring to Hong Kong's economy, and predicts Hong Kong's development prospects.
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He et al. (2024) studied this question.
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