Transport

As Guangdong-Hong Kong-Macao links expand, and the quest for talent grows, many expatriates living in Hong Kong find they frequently need to visit Shenzhen, Zhuhai and further afield in the GBA.

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.

Exporters sending goods by water or land to EU countries need to overhaul their paperwork, as the bloc’s Import Control System 2 (ICS2) comes into effect for all arriving goods from 3 June onwards.

Industry leaders charted a new, green course for supply chains during this year’s edition of Asia’s leading transport and logistics forum in Hong Kong this week.

Following US President Donald Trump’s sweeping imposition of tariffs on exports from Mainland China in 2018 followed by pandemic lockdowns and travel restrictions, supply chains across the world sunk into crisis in 2020.

The history of world trade has usually been an evolutionary one, with ports and transport routes forming and declining over generations.