As the trade dispute between the United States and Mainland China heats up and global economic growth slows, the Hong Kong Trade Development Council (HKTDC) has again lowered its export forecast, saying the city’s exports will decline 4% by value this year. More
In terms of both value added and number of employment, the trading and logistics industry is the largest among the four main economic pillars in Hong Kong. Trading and logistics accounted for 22% of the city’s GDP and provided some 727,500 jobs in 2017. More
The fragmented and out-of-date information and communications technology used in the logistics industry, and efforts to rectify it, are common themes at industry forums, such as the Asian Logistics and Maritime Conference.