Hong Kong’s hub and connector status – serving as a gateway between Mainland China and the rest of the world, and a pivot point for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the new Regional Comprehensive Economic Partnership (RCEP) – makes the city a natural focus point for the Belt and Road Initiative.
China’s Dual Circulation Strategy, laid down in the 14th Five-Year Plan, aims to develop offshore trade and investment in parallel with the country’s domestic economy. The strategy presents a golden opportunity for Hong Kong, which has long served as one of China’s gateways to the world. At the same time, the city serves as a perfect platform for mainland investment firms, giving easy access to both the mainland and the world at large.
Organised by the Hong Kong Trade Development Council (HKTDC), the 31st HKTDC Education & Careers Expo ran for four days late last month at the Hong Kong Convention and Exhibition Centre (HKCEC). The expo ran in parallel with three other HKTDC events – the Hong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of Snacks.
From buy-one-get-one-free Michelin-starred meals to 30% discounts at top retail outlets, credit cards offer plenty of attractive deals – yet many consumers remain unaware of them. Realising that many deals go unnoticed by consumers, former investment banker turned entrepreneur David B. Wang was inspired to set up krip, a personalised credit card deal platform, which launched this May.
With Mainland China setting 2060 as the deadline for carbon neutrality, sustainable development has become an important goal for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The Hong Kong Trade Development Council (HKTDC) and global bank HSBC have teamed up to help small and medium-sized enterprises (SMEs) upgrade in order to achieve environmental, social and governance (ESG) objectives.
Foreign trade from and into the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) rebounded in March after a big dip in February. The dip, an annual event, was far less pronounced in the GBA than in the rest of Mainland China, with the stability of growth underscoring the resilience of the region’s manufacturing base and overall economy.
The development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is helping businesses from Mainland China to enter the Hong Kong market and use the city as their launchpad for global expansion. In a report from global real estate consultancy Knight Frank, Patrick Mak, Executive Director Head of Kowloon Office Strategy & Solutions & Head of Tenant Representation, Greater China, discusses which sectors are most likely to leverage Hong Kong’s connector status and identifies three emerging office hubs in Kowloon that have the potential to reap benefits.
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