HK Economy - Highlight
25 July 2017
The Guangdong-Hong Kong-Macau Bay Area will bring about new opportunities. Hong Kong’s strengths in financial services, professional services and international ties can contribute to the transformation and upgrading of industries in the Bay Area into a world-class city cluster with international. This article provides some initial thoughts regarding the development of the Bay Area and the roles of Hong Kong.
Start-ups constantly create new business models to disrupt existing industries. In Hong Kong, a group of logistics professionals have founded a logistics platform connecting shippers, trucking companies and drivers, transforming the century-old trucking industry. Traditional businesses should pay heed to new wave of technological trends.
The signing of Investment Agreement and the Ecotech Agreement has turned CEPA into a full-fledged FTA, on the one hand providing greater clarity on protection of investment in services sectors, non-services and other classes of assets between Hong Kong and the mainland, and on the other, encouraging Hong Kong companies to participate in key national development strategies like the Belt and Road Initiative.