Economists' Pick- Highlight
19 Nov 2019
As China’s foreign trade increasingly involve high value-added businesses, Mainland companies are suggested to make use of professional services to protect their corporate interests. They can also ride on Hong Kong’s financial and legal services to conduct valuation and investigation of their own rights, thereby increasing their readiness to embrace external challenges and explore opportunities to co-operate with foreign partners.
With rising incomes and more sophisticated demands, Philippine parents are increasingly looking for high quality baby and maternity products. Hong Kong exporters may consider partnering with the modern grocery retailers and specialist stores, which are the major distribution channels for this category. Meanwhile, selling through online platforms is an ideal way to test the market.
The Greater Bay Area is in the process of increasing the speed of connectivity with Belt and Road Initiative markets, particularly for trade between China and Southeast Asia. This is an increasing trend according to Austrian-headquartered logistics specialist cargo-partner. From its Hong Kong Asia Pacific management hub, the company sees supply chain digitalisation and a closer connectivity important to bring high reliability and lower costs.