An evaluation of Hong Kong's support system to small industries.

Although Hong Kong appears to adopt a laissez-faire attitude and refrains from bestowing special favours, its record of small industry growth is phenomenal. Success lies in the efforts of local Chinese entrepreneurs, and the well developed physical and economic infrastructures. The existence, nevertheless, of a loose system of support geared to local circumstances has also contributed substantially. This approach is not without defects, especially as it is increasingly under strain from intensive competition and growing protectionist attitudes in the major markets. The Hong Kong experience contains elements of strategies which may widen the scope of international discussion on small industry promotion. -from Author