Journal of Service Research and Studies (서비스연구)

The Society of service Science (서비스사이언스학회)
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Strategic Value of Hong Kong as a Bridgehead for Entering Chinese Service Market: Focusing on China-Hong Kong CEPA

대중국 서비스업 진출 경유지로서 홍콩의 전략적 가치; 중국-홍콩 경제동반자 협정(CEPA)을 중심으로

  • Received : 2018.08.27
  • Accepted : 2018.09.15
  • Published : 2018.09.30
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Abstract

This study suggests a way through Hong Kong as an alternative strategy for Korean companies to enter Chinese service market which is rapidly expanding due to China's recent policy switch toward service economy. Service market is generally more regulated, labor-intensive, and domestic demand-oriented than goods market, which makes opening of domestic markets to foreigners slow. In case of China, market control and regulations by the State is tighter than other economies. Therefore, it is important to find ways to avoid regulations from the Chinese government if possible. In this sense, this study investigates the China-Hong Kong CEPA and draws its strategic value for entering Chinese service market by comparing it with the Korea-China FTA service sector. In addition, utilizing the difference in tax agreements between Korea-China and China-Hong Kong, and the human network of Hong Kong entrepreneurs in China may play an important role in reducing the risk that might arise in China.

본 연구는 최근 중국의 서비스 경제로의 전환에 따라 폭발적으로 커지는 중국 서비스 시장에 한국기업들이 진출하기 위한 대안 전략의 하나로서 홍콩을 경유하는 방안을 제시한다. 서비스 무역은 상품 보다 규제가 많고 노동집약적이며 내수중심이라 대외개방이 더딘 분야이다. 특히, 중국은 경제적으로는 시장경제를 추구하지만, 정치적으로는 공산당이 지배하는 통제사회로 더 심하다. 따라서 중국 정부의 규제를 되도록 덜 적용 받아야 하고, 적용받을 때도 관료들이 자의적으로 행사하는 것을 최대한 피할 수 있는 방안을 모색하는 것이 무엇보다 중요하다. 본 연구는 대안으로 중-홍콩 CEPA를 활용해 홍콩을 경유하는 방안에 대한 전략적 가치를 한-중 FTA 서비스 부문과 비교를 통해 도출한다. 이와 함께 한-중 및 중-홍콩간 조세협약 차이와 홍콩 기업가들이 가진 네트워크도 중국진출의 리스크를 줄일 수 있다는 점을 밝힌다.

Keywords

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Fig. 2-1 GDP and Service Sector Growth in China

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Fig. 2-2 Comparison of Korea’s Investment Sectors in China & Global in 2016

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Fig. 3-1 Inward FDI to China

Tab.4-1 Comparison of Openness in Korea-China FTA and China-Hong Kong CEPA

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Tab. 4-2 Comparison of Bank and Other Financial Service sector in Korea-China FTA an China-Hong Kong CEPA

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Tab. 4-3 Comparison of Insurance sector in Korea-China FTA an China-Hong Kong CEPA

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Tab. 4-4 Comparison of Medical and Health Care sector in Korea-China FTA an China-Hong Kong CEPA

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Tab. 4-5 Comparison of Culture and Contents sector in Korea-China FTA an China-Hong Kong CEPA

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Tab. 4-6 Comparison of Education Sector in Korea-China FTA an China-Hong Kong CEPA

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Tab. 4-7 Comparison of Tourism sector in Korea-China FTA an China-Hong Kong CEPA

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