Biotechnology and sustainability are key factors in the development of the Belt and Road Initiative. These technology-heavy fields received extensive attention at last month’s Belt and Road Summit, organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC).
Digital transformation and a shift to sustainable operations are developments that are impacting most industries across the world – and fashion is no exception. This was amply demonstrated at the 2022 edition of Asia’s premier fashion event, CENTRESTAGE.
The Hong Kong Trade Development Council (HKTDC) Export Index increased a further 1.9 points to 32.8 in the third quarter this year, indicating a sustained improvement in confidence in the short-term export performance. However, exporters face downward pressure on prices, with the Trade Value Index falling 11.5 points to 40.2.
The metaverse can offer an effectively unlimited virtual business space to enterprises. Many Hong Kong firms are gradually incorporating the metaverse into their business, integrating online and offline resources, creating synergies and exploring new business opportunities.
The Hong Kong Trade Development Council’s (HKTDC) four food- and home-focused events wrapped up on Monday, bringing together more than 1,000 exhibitors and attracting over 430,000 eager-to-spend visitors.
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.
The pandemic has changed the business landscape and brought unprecedented challenges to small and medium-sized enterprises (SMEs), with many having to adopt new business models. Adding to the pressure are skyrocketing costs – in raw materials, rent and labour – as well as continued uncertainty over the global economic recovery. How can SMEs improve efficiency and transform their business amid this challenging and ever-evolving environment?
The alternative investment industry in Hong Kong has remained resilient in the face of the COVID-19 pandemic, with Securities and Futures Commission (SFC) data showing assets under management (AUM) rising 21% to HK$34 trillion (US$4.33 trillion) in 2020. Meanwhile, private banking and private wealth management enjoyed a year-on-year increase of 25% to HK$11.3 trillion in 2021.
Japanese cuisine is a firm favourite with diners in both Hong Kong and Mainland China. Data from the Ministry of Agriculture, Forestry and Fisheries of Japan shows that the mainland has, for the first time become the leading market for Japanese food exports.
Healthtech is a rapidly growing field in both Hong Kong and Canada – two economies that already have strong links as a result of high levels of migration between the two.
As the COVID-19 pandemic situation in Mainland China stabilises, the Yangtze River Delta (YRD) region, one of the mainland’s key economic drivers, has introduced an accelerated programme to stimulate consumption and facilitate economic recovery. This extends to Shanghai, where a gradual resumption of economic activity is underway. With the mainland actively encouraging high-quality imports from around the world, Shanghai has emerged as a primary market gateway. In light of this, this workshop will focus on how Hong Kong businesses can access the YRD and many other key mainland market opportunities through Shanghai.