BELT AND ROAD INITIATIVE

Hong Kong Enterprises Adapt to Fickle Trade Regime

18 September 2018

As trade tensions between the Chinese mainland and United States are causing uncertainty on both sides of the globe, Hong Kong small and medium-sized enterprises (SMEs) are shoring up their businesses by developing strategies to meet the challenges posed. More

inside china

Mutual Interest Revives Myanmar Belt and Road Partnership

13 September 2018

Early last month, the planned development of the Chinese mainland-Myanmar Economic Corridor (CMEC) was given the formal go-ahead, with representatives of both parties agreeing on the terms of the 15-point Memorandum of Understanding (MoU) that defines the scope and intent of the project, while also allocating the specific responsibilities and entitlements. More

inside china

China’s Investment in Cambodian Infrastructure Totals US$2 Billion

24 August 2018

At the end of last month, Cambodia's Ministry of Public Works and Transport (MPWT) announced that work had been completed on 2,000 kilometres of new roads, seven major bridges and a container terminal servicing the Phnom Penh Autonomous Port. More

inside china

WeChat Pay Welcomed in Russia as Mainland Tourist Spending Stays High

17 August 2018

Chinese mainland tourists can now use WeChat Pay to make purchases in Russia, the 17th country to formally accept transactions made via the hugely popular smartphone app. More

hktdc research

Zhengzhou to Luxembourg: The Air Silk Road Takes Flight

01 August 2018

Over recent years, Zhengzhou has been refining its air transport system and expanding its links with the world’s other major airline hubs. In 2017, Henan identified Luxembourg, which lies at the heart of Europe, as the first connection point for the Air Silk Road. Now the Zhengzhou-Luxembourg link is in place, their coordinated development as a dual hub should help Zhengzhou achieve its goal of becoming an international aviation logistics centre. More

market spotlight

HKTDC Annual Report Highlights Opportunities from Belt and Road

30 July 2018

The Hong Kong Trade Development Council (HKTDC) recently published its 2017/18 Annual Report, highlighting its activities held during the past financial year ending March 2018, including promotions for the Belt and Road Initiative. More

hktdc research

Russia: A Rapidly Developing Belt and Road Technological Partner

30 July 2018

To reduce its dependence on oil and gas and Western technology, Russia is striving to build an innovation-driven economy with a new management scheme and a vibrant start-up ecosystem. As Hong Kong moves from being a regional technology marketplace in Asia to a global innovation hub under the auspice of the Guangdong-Hong Kong-Macau Bay Area development, the potential of a Hong Kong-Russian technology partnership becomes ever stronger. More

hktdc research

Russia: A Prime Belt and Road Investment Destination

25 July 2018

The Russian economy has been undergoing a wave of diversification over the past decade to reduce its dependency on oil and gas. The government has tried to ease the investment climate via infrastructure projects and generous investment incentives. Most of these projects are complementary to those under the scope of the Belt and Road Initiative (BRI), therefore offering a whole new world of opportunity to Hong Kong investors and professional service providers. More

hktdc research

Zhengzhou: The Silk Rail Road Gets on Track

24 July 2018

The Zhengzhou-Europe Railway aims to become part of the Silk Road Economic Belt and establish logistics distribution networks both within China and overseas. It operates a balanced schedule of inbound and outbound trains as well as regular cold chain services. It is now entering a new stage of development, with its “one main line, three branch lines” multimodal transport system serving as a model for other CR Express lines in the country. More

hktdc research

Georgia: A Free Trade Partner

19 July 2018

Georgia, with its strategic location at the crossroads between China and Europe, is becoming a promising trading partner for Hong Kong as the free trade agreement between the two will enter into force by the end of 2018. Thanks to its open and business-friendly environment, as well as a vision to transform into a regional logistic and industrial hub, Georgia offers Hong Kong businesses great promise for trade and investment. More

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