Six ASEAN states have adopted a unified cross-border transit system designed to streamline the inter-member movement of goods by road, an initiative intended to boost regional trade and deliver both time and cost savings. More
The Guangzhou city government executive meeting chaired by Mayor Wen Guohui on 2 September passed an action plan for implementation of financial measures to support the development of the Greater Bay Area. More
With a company name harking back to 16th Century Spanish sea routes with Asia, Hong Kong-headquartered La Nao Consulting is nevertheless right up to date when bringing Mexican and other Latin American and European SMEs its professional advice for business prospects in mainland China’s Greater Bay Area: Hong Kong is often a laboratory for success. More
The shipping industry has continued its adjustment in the wake of the 2008 financial crisis, the attendant global economic slowdown and lingering overcapacity. While short-term outlook appears dim, long-term outlook remains sanguine with seaborne trade expected to double by 2030. As a maritime services centre, Hong Kong needs to reinforce its offerings despite the downturn, and seize fresh business opportunities amid global industry consolidation and as a result of the Belt and Road Initiative.
Riding on the existing Greater Mekong Sub-region (GMS) Economic Cooperation mechanism and the establishment of ASEAN Economic Community, the China-IndoChina Peninsula Economic Corridor proposed under the Belt and Road Initiative is expected to deepen China-ASEAN regional integration by pushing forward infrastructure connectivity, industrial co-operation, cross-border trade as well as e-commerce development. More