Trade regulation

In June, a globe-spanning delegation, led by HKTDC Executive Director Margaret Fong, met with Zhejiang government and business leaders in Hangzhou to strengthen bilateral cooperation and highlight Hong Kong’s strengths and advantages as a business platform.

A surge in exports over the first five months of this year has boosted Hong Kong traders’ confidence and led the Hong Kong Trade Development Council (HKTDC) to substantially raise the city’s 2024 export outlook.

In May, a Mainland-Hong Kong business delegation explored business opportunities along Belt and Road markets, embarking on the visits to Hungary and Kazakhstan, before returning via Xinjiang.

The second 2024 Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) Meeting, led by ABAC Peru Chair Julia Torreblanca, held wide-ranging discussions on diverse business issues, from trade and investment facilitation to digital transformation and sustainability.

The development plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone announced by China’s National Development and Reform Commission at the end of last year aims to accelerate Hong Kong-Shenzhen cooperation and foster the development of diverse industries, including finance, professional services and legal affairs, to facilitate a wide array of new business opportunities.

Consumer goods makers in Hong Kong are eager to expand into the massive Mainland China market.