HK Economy - Highlight
18 Aug 2017
The EU is Hong Kong’s third largest trading partner after China and ASEAN. A rosier economic environment and the development of a more liberal trading regime in the EU are crucial for the future of HK-EU trade. But, thanks partly to the widespread of multi-cause populism and the reforms aimed at tackling it, the growth of HK-EU trade is more likely to hinge more on how able the two economies are to provide each other with a level playing field.
One-stop Registration and Banking Service Launched for Hong Kong Businesses Looking to Invest in Guangdong
A one-stop business registration and banking service has been introduced for Hong Kong investors looking to launch a business in Guangdong. This new service – The Commercial Registration Bank-Government Express Service (CRBGES) – has been launched by the Guangdong Province Administration for Industry and Commerce, in conjunction with the Bank of China (HK) and the Bank of China Guangdong Branch and is intended to simplify business procedures across the Guangdong-Hong Kong-Macau Bay Area.
Hong Kong's spectacles companies specialise in making medium to high-end frames. They mainly produce for overseas buyers and renowned international brands on an OEM and/or ODM basis with their manufacturing bases on the Chinese mainland.