Economists' Pick - Highlight
26 May 2017
Consumers’ Appetites for Audio-visual Products on the Rise: The Spring 2017 Hong Kong Electronics Fair Survey
With the electronics market remaining optimistic, audio-visual and digital entertainment items will be the products worth noting, according to the survey at the Hong Kong Electronics Fair 2017 (Spring Edition). Consumer electronics continue to be the items with the best growth prospects in 2017. Smart watches remain the products with the greatest potential among wearable electronic items while smart home applications also appears promising.
Guangxi has made accelerating the growth of processing trade. It aims to increase the value-added of processing trade by encouraging the diversification of assembly processing into R&D, design as well as upstream and downstream sectors. As Guangxi’s processing trade trends towards mid- to high-end, some of the labour-intensive processes have started to move out and industry chains are being formed with neighbouring ASEAN countries.