... its competitive edge. Since Twenty century, globalization is a trend for all international companies to focus and work out. Manufacturing industries and even some service industries no more fixed in original place, they will move to other competitive locations that have lower cost. As the land and labor cost in Hong Kong compare with most Asia's countries, is less competitiveness, it giving rise to job losses. High unemployment rate still a serious challenge for Hong Kong. As a long-term solution, Hong Kong must be more competitive and broaden by restructuring her economic. Another key factor that affect Hong Kong is regarding the changing to a knowledge-based economy. Hong Kong changed from an industrial city to a servicing and financing city in the past ten years, mode of product changed from original equipment manufacturing to original design manufacturing and original brand manufacturing. That means high quality and productivity are required in human resources. ...

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