HK Economy- Highlight
23 April 2018
The newly signed FTA and Investment Agreement between Hong Kong and ASEAN will open up new business opportunities for Hong Kong. This, together with the full investment protection offered to Hong Kong investors, will support further growth in bilateral trade and investment flows, which have seen impressive growth in the past years.
YRD enterprises are making use of the industrial resources and advantages of other regions to improve their supply chain management systems. Hong Kong, as an international financial centre and the regional trading hub, is the preferred platform for mainland enterprises “going out” to expand their international business.
The amendments relating to intellectual property arbitration come into operation on 1 January 2018. The amendments will help clarify the legal position under Hong Kong law, thereby attracting parties to resolve their IPR disputes by arbitration in Hong Kong. HKIAC ranked first for location, value for money, helpfulness of staff and IT services by Global Arbitration Review (GAR) Hearing Centres Surveys 2016, 2017 and 2018.