Hong Kong people have an abundance of creativity, which is being manifested as start-ups continue to grow steadily across different sectors. The city has recently seen an enhancement in its incubation programmes and support systems, allowing nascent Hong Kong businesses to flourish.
The rollout of the giant Regional Comprehensive Economic Partnership (RCEP), a new trade grouping that stretches from Japan on the fringes of the Arctic to New Zealand on the edge of the Antarctic, is driving optimism on long-term business prospects among enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
Start-ups work with limited resources and have a wide range of needs – from finance and research and development (R&D) facilities to bespoke manufacturing. One of the best ways they can move ahead is by, quite literally siting themselves in the best possible geographical region.
Small and medium-sized enterprises (SMEs) in Hong Kong face unprecedented challenges, but revolutionary progress in technology and China’s keystone projects – the Belt and Road Initiative and Guangdong Hong Kong Macao Greater Bay Area – present many equally unprecedented opportunities.
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