Why Hong Kong is still a desirable business destination By JIANG CHENGLONG in New York | China Daily Global | Updated: 2021-05-18 10:59 Share
A Star Ferry boat crosses Victoria Harbour in front of a skyline of buildings in Hong Kong, China, June 29, 2020. [Photo/Agencies]
The US business community is still highly interested in Hong Kong and the opportunities it offers, including the role it plays in the Guangdong-Hong Kong-Macau Greater Bay Area, which will be the biggest economic zone in the Chinese mainland, a HK business official said. The investors are looking into a much bigger economic cluster and they can take advantage of HK in terms of its international outlook and very close and strong link with the cities in mainland. It s like the dual role we are playing, said Candy Nip, director of the Hong Kong Economic and Trade Office (HKETO) in New York, in a recent virtual interview with China Daily.
Why Hong Kong is still a desirable business destination
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Why Hong Kong is still a desirable business destination
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
By Addison Gong
05.30 AM
In this round-up, China’s trade surplus jumps in the first four months of the year, regulators unveil details for implementing the cross-border Wealth Management Connect pilot scheme between the Mainland, Hong Kong and Macau, and Beijing decides to suspend all activity under the China-Australia Strategic Economic Dialogue.
China’s exports grew 22.2% year-on-year to Rmb1.71tr in April, or 32.3% in dollar terms to $263.92bn, according to data released by the Ministry of Commerce (Mofcom) on Friday. Imports rose to Rmb1.44tr or $221.07bn.
For the first four months combined, exports and imports totalled $1.79tr. The trade surplus was $157.91bn, which was 174% higher compared to a year ago.