HK Economy- Highlight
11 June 2018
The economic gap between Hong Kong and the Chinese mainland has substantially narrowed over the two decades since the return of Hong Kong’s sovereignty. In some sectors, Hong Kong’s national standing has declined almost into obscurity. From another perspective, Hong Kong’s “marginalisation” may be seen as part of a “normalisation” process.
Over the past 20 years, while Hong Kong and Singapore have both demonstrated particular economic strengths, there has been a considerable gap in their comparative growth rates. The differences in the two cities’ growth rates is largely due to increasing population levels. While Singapore has a lower overall population level than Hong Kong, its labour force participation rate is higher.
China’s Social Media Marketing (6): How Hong Kong Firms Can Build Sales via Mainland E-Commerce Platforms
HKTDC conducted face-to-face interviews with 788 buyers and 481 exhibitors attending the Hong Kong International Jewellery Show 2018 and the Hong Kong International Diamond, Gem and Pearl Show 2018. The survey results suggest that the industry is displaying increasing optimism about market outlook over the next 12 months. While sales prospects vary across different developed and emerging markets, the mid- to high-end market segments present the biggest potential.