论文部分内容阅读
一、亚洲金融风暴对深圳经济及其税收的影响 （一）对深圳经济的影响 第一,对利用外资的影响。主要体现在两方面,一是外商直接投资;二是利用香港和亚洲其他证券市场融资。据统计,港商在内地的投资总额有80%投资在广东,相当一部分投资在深圳,泰国、日本、韩国、马来西亚等在深圳也有相当投资。目前,来自上述国家和地区的投资占我市利用外资总额的87%。亚洲金融风暴后,整个亚洲投资环境发生很大变化。由于其他国家货币大幅贬值,相对来说,我国货币升值,投资成本上升,而深圳与我国其他地区比,成本更高。因此,1998年香港等亚洲地区的增量投资去向将会主要考虑我国其他投资成本较低的地区。长期牛市后的香港股市,经过这次风暴,今年或更长时期可能会转入“熊市”,扩容规模显然会缩小,包括深圳在内的我国企业到香港
I. Impact of Asian Financial Crisis on Shenzhen’s Economy and Its Revenue (I) Impact on Shenzhen’s Economy First, Impact on Utilization of Foreign Capital. Mainly reflected in two aspects, one is foreign direct investment; the second is to use Hong Kong and other Asian securities market financing. According to statistics, 80% of the total investment made by Hong Kong businessmen in the Mainland is invested in Guangdong. A considerable part of the investment is made in Shenzhen, Thailand, Japan, Korea, Malaysia and other places in Shenzhen. At present, the investment from these countries and regions accounts for 87% of the total amount of utilized foreign capital in our city. After the Asian financial crisis, the entire Asian investment environment has undergone great changes. Due to the sharp devaluation of currencies in other countries, relatively speaking, China’s currency appreciation and investment costs have risen, while Shenzhen has a higher cost than other parts of China. Therefore, the incremental investment in Hong Kong and other Asian regions in 1998 will mainly consider other areas where our investment costs are lower. After the long-term bull market, the Hong Kong stock market may turn into a “bear market” this year or beyond after the storm. The scale of its expansion will obviously narrow. Hong Kong companies, including Shenzhen,