Backed by tech and innovation, ‘Made in Hong Kong’ is coming back stronger than ever
- Factories moved out of the city to mainland China in the late 1970s and early 80s for more affordable labour
- Advanced manufacturing sees rapid growth in Hong Kong, fuelled by a healthy ecosystem of innovative businesses
[Sponsored article]
Initiatives are under way to boost pride in the “Made in Hong Kong” label, which now carries a new meaning that reflects the city’s evolution from labour-intensive factories to innovation and technology (I&T) focused industries over the decades.
In the 1950s and 60s, entrepreneurs tapped a fast-growing supply of manpower to turn Hong Kong into a global manufacturing and export hub. The city specialised in high-volume production for companies worldwide, churning out products including garments, plastic goods, toys and electronics.
But as Hong Kong’s economy matured in the late 1970s and early 80s, it began to place more emphasis on the services sector, and manufacturers relocated their factories north of the border to take advantage of more affordable labour and land in mainland China.
Someone who has witnessed the city’s industrial evolution firsthand is Dr Alex Wong Siu-wah, the founder and CEO of King’s Flair, a long-established kitchenware manufacturer. He started working in a Hong Kong factory after graduating high school, while also taking evening courses in mechanical and electronic engineering. But Wong was keen to work on his own ideas, so in 1979 he started his own business.