EXTERNAL TRADE

China’s 14th Five-Year Plan: Opening-Up the Business Environment

13 July 2021

According to the 14th Five-Year Plan adopted in March 2021, the “dual circulation development paradigm” refers to the “new development paradigm with the domestic market as the mainstay and the domestic and overseas markets reinforcing each other”. While the domestic market serves as the core of development, the overseas market will be regarded as its important partner and the pair reinforce each other. More

hktdc research

HKTDC Export Index 1Q20: Coronavirus Outbreak Sees Exporter Confidence Fall to Record Low

17 March 2020

The HKTDC Export Index fell to a new record-low for 1Q20, with the reading declining by a further 2.8 points to 16. This is a clear indication that Hong Kong’s export prospects will remain becalmed at best over the course of the coming months. In line with this, all the major industry sub-indexes also hit an all-time low. More

hktdc research

HKTDC Export Index 4Q19: Lingering China-US Trade Tensions Push Export Sentiment to Record-Low

18 December 2019

The HKTDC Export Index plunged to 18.8 in 4Q19, a further drop and the lowest overall figure ever recorded by the Index. This can be taken as a strong indication that Hong Kong’s export growth will remain sluggish over the near-term. More

Market Opportunities

Government shores up support for SMEs

11 November 2019

As protectionism increases and the trade conflict between the United States and Mainland China lingers, the threat of recession hangs over Hong Kong’s externally oriented economy. More

hktdc research

HKTDC Export Index 3Q19: Hong Kong Exports Struggle as China-US Trade Tensions Escalate

23 September 2019

The HKTDC Export Index plunged to 27.4 in 3Q19, the third lowest figure ever recorded. Inevitably, this suggests gloomy prospects for Hong Kong’s export growth over the coming months. Overall, every industry sub-index slipped further into contractionary territory. At 28.7, clothing had the highest rating among the key industries, followed closely by machinery (27.8) and electronics (27.4). Jewellery suffered the greatest decline, falling 17.1 points to 21.1. More

hktdc research

HKTDC Export Index 2Q19: Uncertain Market Environment Sees Exporters Opting for Caution

10 June 2019

The HKTDC Export Index edged down to 37.3 in 2Q19, indicating that the uncertain market environment is likely to hamper Hong Kong’s export growth over the near term. As the drop was relatively small – 1.9 points – this may suggest that the fall in exporter confidence has now plateaued. More

hktdc research

HKTDC Export Index 1Q19: China-US Trade Talks Prompt Improved Exporter Sentiment

14 March 2019

The HKTDC Export Index rebounded to 39.2 in 1Q19, a four-point increase on the 35.2 recorded for 4Q18, an eight-quarter low. The strongest rebound was demonstrated by toys, with positive sentiment rising from 24.3 in 4Q18 to 41.4 in 1Q19. In another indication of improving sentiment, the subsidiary indexes also rallied in comparison to the previous quarter, including the Employment Index (48.9), the Trade Value Index (45.9) and the Procurement Index (44). More

hktdc research

Brexit and its Implications

28 June 2016

The UK has voted to leave the EU in a historic referendum. This has not only sparked immediate shockwaves across the global financial market, but also unleashed uncertainties over the future arrangements for Brexit. While the impacts of Brexit should be less significant in Asia, it would still be inauspicious for Hong Kong companies with an interest in the UK. More

hktdc research

2016 Mid-Year Export Assessment: Signs of Stabilisation Following a Rocky Start

15 June 2016

Reflecting a shaky external environment at the beginning of 2016, Hong Kong exports fell by 5.6% year-on-year in the first four months. But the global trade environment is expected to become a bit more stable in the rest of the year. As a result, overall foreign demand should strengthen gradually, although there is no shortage of risks and challenges over the short to medium term. More

hktdc research

2016 Mid-Year Export Assessment: Room for Improvement in the Major Industries

15 June 2016

Amid a choppy world trade environment, Hong Kong’s export performance during the first four months of 2016 was much below expectations, along with an across-the-board decline among all the major products. The external environment, however, is expected to stabilise gradually, and the sales outlook for these products should therefore improve somewhat over the medium term. More

Page of 7