Hong Kong makes bid for greater regional integration
1 year, 8 months ago

Hong Kong makes bid for greater regional integration

China Daily  

A view of the Victoria Harbor in Hong Kong. In a global landscape where economic diplomacy often takes center stage, Hong Kong's Chief Executive John Lee Ka-chiu is making strategic moves. This journey, his second to the region within a year, underlines the Hong Kong Special Administrative Region government's strategic pivot toward Southeast Asia, a region whose economic ascendancy is increasingly hard to ignore. They believe that the in-person diplomacy could expedite the city's inclusion in the Regional Comprehensive Economic Partnership — a move that would unlock a treasure trove of trade opportunities for Hong Kong. If successful, Hong Kong's inclusion in the RCEP could catalyze its further integration into the regional industrial chain, reducing trade costs and enhancing competitiveness.

Singapore Trade Hong Kong Economic Indonesia Chinese Asean Kong Hong Southeast Asia Lee Rcep  trade  asean  greater  lee  makes  integration  hong  regional  bid  rcep  economic  opportunities  kongs  kong  global

History of this topic

Xi reaffirms full support for Hong Kong SAR govt
3 months, 2 weeks ago

Xi reaffirms full support for Hong Kong SAR govt

China Daily  

By Xu Wei in Beijing and Wu Kunling in Hong Kong | China Daily | Updated: 2024-12-14 07:06 President Xi Jinping meets with John Lee Ka-chiu, chief executive of the Hong Kong Special Administrative Region, in Beijing on Friday. LI XUEREN/XINHUA President Xi Jinping reaffirmed on Friday Beijing's full backing to Chief Executive John Lee Ka-chiu and the Hong Kong …

Hong Kong explores unique role in boosting China-ASEAN connectivity
4 months ago

Hong Kong explores unique role in boosting China-ASEAN connectivity

China Daily  

HONG KONG -- The ASEAN-China Forum 2024 was held here on Thursday, with participants brainstorming on such issues as the development of the Association of Southeast Asian Nations, its ties with China as well as joint efforts to deal with regional challenges. ASEAN is a priority for China's neighborhood diplomacy and a key region for Belt and Road cooperation, said …

It's all a digital game in trade
4 months, 1 week ago

It's all a digital game in trade

China Daily  

As the world trade paradigm falls in line with a revolutionary trend in doing business, Hong Kong is reassessing its traditional dominance of Asia's shipping lanes by positioning itself as an e-commerce logistics nexus between Southeast Asia's digital shoppers and the Chinese mainland's manufacturing prowess. Although e-commerce logistics may not help Hong Kong's port cargo throughput significantly, the special administrative …

Hong Kong attracts 17 more enterprises in strategic emerging industries
4 months, 2 weeks ago

Hong Kong attracts 17 more enterprises in strategic emerging industries

China Daily  

A view of the Victoria Harbor in Hong Kong. HONG KONG -- A total of 17 enterprises signed agreements on Monday to become strategic enterprise partners of the Hong Kong Special Administrative Region government amid the city's push to nurture an ecosystem for innovation and technology. Most of them will establish their global or regional headquarters in Hong Kong, said …

Hong Kong 'talent drain' reports rebutted
1 year, 2 months ago

Hong Kong 'talent drain' reports rebutted

China Daily  

A view of the Victoria Harbor in Hong Kong, China. Editor's note: Chinese Foreign Ministry spokesperson Wang Wenbin refuted reports of a brain drain from the Hong Kong Special Administrative Region at a regular news conference in Beijing on Monday. The reality is that Hong Kong's strong appeal to global talent continues to grow and there is no so-called talent …

'Find our niche' to revive HK's fortune
1 year, 3 months ago

'Find our niche' to revive HK's fortune

China Daily  

The SAR needs to seize the opportunities from the realignment of international partnerships, with the rule of law remaining the cornerstone of the city's economic success, Financial Services Development Council Chairman Laurence Li Lu-jen tells Liu Yifan. In an exclusive interview with China Daily, Li shares his insights into a vast array of issues concerning Hong Kong's development, noting that …

Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status
1 year, 5 months ago

Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status

Associated Press  

HONG KONG — Hong Kong’s leader on Wednesday cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub. Foreign professionals working in Hong Kong on eligible visa programs are no longer required to pay extra property stamp duties arising from their non-permanent residency unless they fail …

Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia
1 year, 5 months ago

Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia

Associated Press  

HONG KONG — Hong Kong’s leader said Tuesday the city would seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister, as the Chinese financial hub looks for more business opportunities in Southeast Asia. Lee’s administration wants to expand the city’s role in Southeast Asia to boost economic growth for the financial …

A winner has emerged in the old rivalry between Singapore and Hong Kong
1 year, 7 months ago

A winner has emerged in the old rivalry between Singapore and Hong Kong

Hindustan Times  

Dinner-party conversations across Asia have often been animated by an old debate. In economic dynamism, the state of the urban fabric and the vibrancy of civic life, which city comes top: Hong Kong or Singapore? Today Singapore’s is 1.7 times higher than Hong Kong’s. Singapore’s economy has grown by one-seventh since 2017; Hong Kong’s not at all. Still, a far …

Building Stronger China-ASEAN Relations
1 year, 7 months ago

Building Stronger China-ASEAN Relations

China Daily  

China-Hong Kong-ASEAN Relations More Important Than Ever Integral to China's vision of multilateralism in a multi-polar, open and inclusive world is a mutually beneficial and enduring partnership with the ASEAN. Re-export trade between the two economies through Hong Kong amounted to 624.1 billion HK dollars in 2021, with an average of 7.4 percent annual growth rate in trade volume between …

Building Stronger China-ASEAN Relations
1 year, 7 months ago

Building Stronger China-ASEAN Relations

China Daily  

The Nexus of the China-ASEAN Super Runway As a global business and networking hub where talents congregate and ideas flow freely in a safe, secure, and efficient environment, Hong Kong has decades of expertise and know-how in soft and hard infrastructure. With well-established financial reporting and compliance in corporate governance standards, Hong Kong can support the transition to a carbon-neutral …

Hong Kong to strengthen economic, cultural ties with Middle East: chief executive
1 year, 8 months ago

Hong Kong to strengthen economic, cultural ties with Middle East: chief executive

China Daily  

HONG KONG -- John Lee, chief executive of the Hong Kong Special Administrative Region, said on Friday that Hong Kong will strengthen economic, trade and cultural ties with the Middle East. Lee said in a video speech at the launching and inauguration ceremony of the Hong Kong-Middle East Business Chamber that both Hong Kong and the Middle East are key …

UK official visits Hong Kong after years of strained ties
1 year, 10 months ago

UK official visits Hong Kong after years of strained ties

Associated Press  

HONG KONG — The first British minister visiting Hong Kong in five years said his country will not “duck” its historic responsibilities to people living in its former colony while engaging with China in areas they share common interests. Johnson’s trip this week came after relations between Hong Kong and Britain became increasingly tense following the enactment of a Beijing-imposed …

Hong Kong businesses cheer China reopening, but warn there’s a long way to go
2 years, 2 months ago

Hong Kong businesses cheer China reopening, but warn there’s a long way to go

CNN  

Hong Kong CNN — Kiki Yang brought an empty green suitcase from Shenzhen to Hong Kong this week to load up on new purchases for her family and friends. Yang is one of tens of thousands of mainland Chinese visitors expected to be welcomed back in Hong Kong this week, as one of the world’s toughest border closures ends. “Everyone …

Why Hong Kong’s makeover will founder
2 years, 4 months ago

Why Hong Kong’s makeover will founder

Live Mint  

Hong Kong, newly reopened to the world, is still plastered with posters celebrating the 25th anniversary of the territory’s handover to China: “A New Era. Third-quarter data released last week showed Hong Kong’s economy contracting 4.5% year over year. Hong Kong Chief Executive John Lee’s inaugural policy address in October echoed Chinese leader Xi Jinping’s talking points on “profound changes …

Hong Kong burnishes China ties as luster as global hub fades
2 years, 9 months ago

Hong Kong burnishes China ties as luster as global hub fades

Associated Press  

HONG KONG — Every few generations, Hong Kong transforms itself, evolving from a swampy fishing village to 19th century colonial port, to capitalist outpost and factory after China’s 1949 revolution, to 21st century financial center. “There are great opportunities in the Greater Bay Area that haven’t been realized yet,” said David Graham, executive director of the British Chamber of Commerce …

HK's economy in best position to grow
2 years, 9 months ago

HK's economy in best position to grow

China Daily  

Hong Kong Financial Secretary Paul Chan Mo-po gives an interview. Hong Kong Financial Secretary Paul Chan Mo-po said he is very confident and hopeful about Hong Kong's economy and future development as the city is at a critical juncture of maintaining stability and seeking prosperity. "Hong Kong now is in the best position to grow and focus our attention on …

China still needs to be vigilant against interference in HK
2 years, 10 months ago

China still needs to be vigilant against interference in HK

China Daily  

In this file photo dated Aug 5, 2019, a Star Ferry Co vessel sails across Victoria Harbor in front of the Hong Kong island skyline in Hong Kong. The Hong Kong Special Administrative Region held the sixth-term chief executive's election on Sunday, with the central leadership taking all necessary measures to prevent external forces from interfering in the electoral process. …

As Hong Kong sinks deeper into isolation, foreign firms despair
3 years, 4 months ago

As Hong Kong sinks deeper into isolation, foreign firms despair

Al Jazeera  

Hong Kong, China – Before the pandemic, Basil Hwang enjoyed a globe-trotting lifestyle synonymous with high-flying expat executives in Hong Kong, travelling to visit his family in Singapore two or three times each month. China doesn’t have the real need to open the border.” The source told Al Jazeera they believed Hong Kong officials were sympathetic to the plight of …

Can Hong Kong’s economy survive China’s political crackdown?
3 years, 5 months ago

Can Hong Kong’s economy survive China’s political crackdown?

Al Jazeera  

Business is considering its options amid the national security law, currency fears and punishing COVID-19 quarantines. Over the past year, Hong Kong’s society has been torn apart by the Beijing-imposed national security law and changes to the electoral process designed to ensure only people deemed “patriots” can hold office in the territory. Last month, the institute’s annual report on economic …

Did China Pay for Its Hong Kong Takeover?
3 years, 8 months ago

Did China Pay for Its Hong Kong Takeover?

The Diplomat  

Last month, one of the lead articles of The Diplomat Magazine traced Hong Kong’s transformation into a “police state” following the passage of a new national security law by legislators in Beijing on June 30, 2020. A year and change after the NSL was put into place, some of the most dire predictions about its impact have come true: Hong …

Future of Hong Kong: Financial elite weigh up fleeing as businesses undeterred by Chinese crackdown
4 years ago

Future of Hong Kong: Financial elite weigh up fleeing as businesses undeterred by Chinese crackdown

The Telegraph  

In the most stark demonstration yet of what might happen if a company does not toe the party line, Hong Kong's flag carrier Cathay Pacific was caught in the crossfire in 2019 as Beijing cracked down after some staff drew attention for joining the anti-government protests. Since then it has only doubled down on the world’s second largest economy, it’s …

Hong Kong to spend $15.4B to stabilize virus-ravaged economy
4 years, 1 month ago

Hong Kong to spend $15.4B to stabilize virus-ravaged economy

Associated Press  

HONG KONG — Hong Kong will introduce 120 billion Hong Kong dollars in fiscal measures to help businesses and residents impacted by the coronavirus pandemic, as it looks towards economic growth later this year following a recession in 2020. The measures — which include tax relief, loans for the unemployed and consumption vouchers — are aimed at stabilizing the economy, …

The US is treating Hong Kong as mainland China. Business is starting to do the same
4 years, 8 months ago

The US is treating Hong Kong as mainland China. Business is starting to do the same

CNN  

Hong Kong CNN Business — The relationship between China and the West is rapidly eroding, and that could have serious implications for Hong Kong’s status as a global financial hub. The New York Times on Tuesday also announced that it would move some of its staff based in Hong Kong to Seoul as it began to “make contingency plans.” Alongside …

Hong Kong: 200,000 set to come to UK after citizenship offer
4 years, 8 months ago

Hong Kong: 200,000 set to come to UK after citizenship offer

Daily Mail  

Around 200,000 Hong Kongers could come to Britain after the UK offered them a route to citizenship. The Foreign Office is working on estimates that 200,000 Hong Kongers will take up the offer and move to the UK, according to the Financial Times. The Foreign Office is working on estimates that 200,000 Hong Kongers will take up the offer and …

Pivot to Hong Kong: China tech giants turn to city to raise funds
4 years, 8 months ago

Pivot to Hong Kong: China tech giants turn to city to raise funds

Al Jazeera  

NetEase, JD.com have followed Alibaba with listings in Hong Kong as Chinese companies in the US face greater scrutiny. “Chinese billionaires’ tech companies are helping the capital market in Hong Kong for a pivotal change and secure its Asia financial hub status,” said Edward Au, managing director of the southern region at Deloitte China. Chinese tech tycoons with companies trading …

Global stocks rise as investors shrug off US-China tensions
4 years, 9 months ago

Global stocks rise as investors shrug off US-China tensions

CNN  

Hong Kong CNN Business — Hong Kong stocks are on pace for their best day since March as investors shrug off the Trump administration’s intention to end a special economic and trading relationship with the Asian financial hub. It was the first opportunity investors there had to react to US President Donald Trump’s announcement last week that Washington would “begin …

Trump strikes China over virus, Hong Kong and student visas
4 years, 9 months ago

Trump strikes China over virus, Hong Kong and student visas

Associated Press  

WASHINGTON — President Donald Trump has announced that he would withdraw funding from the World Health Organization, end Hong Kong’s special trade status and suspend visas of Chinese graduate students suspected of conducting research on behalf of their government, escalating tensions with China that have surged during the coronavirus pandemic. “Severing ties with the World Health Organization serves no logical …

Trump strikes China over virus, Hong Kong and student visas
4 years, 9 months ago

Trump strikes China over virus, Hong Kong and student visas

Associated Press  

WASHINGTON — President Donald Trump announced Friday that he would withdraw funding from the World Health Organization, end Hong Kong’s special trade status and suspend visas of Chinese graduate students suspected of conducting research on behalf of their government, escalating tensions with China that have surged during the coronavirus pandemic. Officials of the U.N. agency have not directly addressed a …

China approves controversial Hong Kong national security law
4 years, 10 months ago

China approves controversial Hong Kong national security law

CNN  

Hong Kong CNN — China’s legislature has approved a proposal to impose a highly contentious national security law in Hong Kong, in an unprecedented move that critics say threatens fundamental political freedoms and civil liberties in the semi-autonomous territory. China’s Premier Li Keqiang said Thursday after the parliamentary meetings that the law was designed for the “steady implementation of ‘one …

Hong Kong official defends controversial security law, but offers few details on how it will work
4 years, 10 months ago

Hong Kong official defends controversial security law, but offers few details on how it will work

CNN  

Hong Kong CNN — The second highest ranking official in Hong Kong insists a controversial new national security law being drafted by the Chinese government will not erode the city’s democratic freedoms. “99.99% of the Hong Kong population will not be affected, they’ll go about their lives, they continue their investment in Hong Kong,” Cheung said, in a rare exclusive …

China furious after Trump signs Hong Kong legislation
5 years, 4 months ago

China furious after Trump signs Hong Kong legislation

Al Jazeera  

Beijing has reacted with fury to US President Donald Trump‘s decision to sign into law congressional legislation backing protesters in Hong Kong, summoning the United States ambassador and warning of “countermeasures” over what it branded a “severe interference” in China’s affairs. Hong Kong’s government, which received a drubbing in district elections on Sunday, also expressed “extreme regret” over Trump’s decision, …

China furious after Trump signs Hong Kong legislation
5 years, 4 months ago

China furious after Trump signs Hong Kong legislation

Al Jazeera  

Beijing has reacted with fury to US President Donald Trump‘s decision to sign into law congressional legislation backing protesters in Hong Kong, summoning the United States ambassador and warning of “countermeasures” over what it branded a “severe interference” in China’s affairs. Hong Kong’s government, which received a drubbing in district elections on Sunday, also expressed “extreme regret” over Trump’s decision, …

Hong Kong shares lead gains in Asia as democrats sweep election
5 years, 4 months ago

Hong Kong shares lead gains in Asia as democrats sweep election

Al Jazeera  

Positive news on US-China trade also lifts investor sentiment, although changes in Hong Kong are being closely watched. Shares in Hong Kong led gains across Asia’s financial markets on Monday, after key elections brought more pro-democracy councillors to power and China announced a tightening of intellectual property regulations that could ease trade talks with the United States. Hong Kong’s strong …

Why Alibaba chose Hong Kong to list its shares despite protests
5 years, 4 months ago

Why Alibaba chose Hong Kong to list its shares despite protests

Al Jazeera  

Hong Kong, China – While dozens of protesters barricaded themselves into a university in Hong Kong last week with riot police waiting outside, the latest chapter in nearly six months of often violent anti-government demonstrations, the territory’s stock market was rallying. “It could create a trend and encourage other mainland business to come list in Hong Kong, instead of prioritising …

HK vows to further sharpen edges after being ranked as world's 2nd most competitive economy
6 years, 10 months ago

HK vows to further sharpen edges after being ranked as world's 2nd most competitive economy

China Daily  

HONG KONG -- The government of China's Hong Kong Special Administrative Region vowed on Thursday to consolidate Hong Kong's competitive edges after an annual global competitiveness ranking listed it as the world's second most competitive economy. In the International Institute for Management Development's World Competitiveness Yearbook 2018, Hong Kong maintained the top rank in "government efficiency" and "business efficiency," both …

Hong Kong’s Make-or-Break Moment
7 years, 8 months ago

Hong Kong’s Make-or-Break Moment

The Diplomat  

In October, Catalonians are going to hold a referendum in which voters will be asked to answer this question: “Do you want Catalonia to be an independent country in the form of a republic?” The Spanish government fiercely opposes the referendum and has vowed to use all possible means, including taking over the Catalonian civil service and police, to stop …

HK: The connected city
7 years, 8 months ago

HK: The connected city

China Daily  

Chief Executive Carrie Lam Cheng Yuet-ngor and her husband Lam Siu-por greet the public before the flag-raising ceremony to celebrate the 20th anniversary of the establishment of the Hong Kong Special Administrative Region at Golden Bauhinia Square on Saturday. Hong Kong's "one country, two systems" framework has been at the heart of our success these past 20 years and it …

Incoming chief exec has high hopes for Hong Kong's future
7 years, 9 months ago

Incoming chief exec has high hopes for Hong Kong's future

China Daily  

Hong Kong's Carrie Lam Cheng Yuet-ngor will be the SAR's first female chief executive.CUI NAN/CHINA DAILY Hong Kong's chief executive-designate, Carrie Lam Cheng Yuet-ngor, says she hopes the city will take advantage of China's increasing economic power to seek new impetus for its long-term prosperity and stability. Lam, the first female chief executive of the Hong Kong Special Administrative Region, …

Hong Kong rolls out the red carpet for mainland visitors
7 years, 9 months ago

Hong Kong rolls out the red carpet for mainland visitors

China Daily  

The Hong Kong Tourism Board recently unveiled a series of travel deals in Beijing. The Hong Kong Tourism Board recently unveiled a series of travel deals, from air tickets and accommodation to shopping and catering, at a press conference in Beijing on May 23. For the promotions, the city has teamed up with travel service platform Fliggy under Alibaba and …

Hong Kong rolls out the red carpet for mainland visitors
7 years, 9 months ago

Hong Kong rolls out the red carpet for mainland visitors

China Daily  

The Hong Kong Tourism Board recently unveiled a series of travel deals in Beijing. The Hong Kong Tourism Board recently unveiled a series of travel deals, from air tickets and accommodation to shopping and catering, at a press conference in Beijing on May 23. For the promotions, the city has teamed up with travel service platform Fliggy under Alibaba and …

Hong Kong rolls out the red carpet for mainland visitors
7 years, 9 months ago

Hong Kong rolls out the red carpet for mainland visitors

China Daily  

The Hong Kong Tourism Board recently unveiled a series of travel deals in Beijing. The Hong Kong Tourism Board recently unveiled a series of travel deals, from air tickets and accommodation to shopping and catering, at a press conference in Beijing on May 23. For the promotions, the city has teamed up with travel service platform Fliggy under Alibaba and …

HK to play key role as link between mainland, overseas
7 years, 11 months ago

HK to play key role as link between mainland, overseas

China Daily  

A view of Hong Kong's famous Victoria Harbour. With the high-profile development of the Guangdong-Hong Kong-Macao Greater Bay Area gaining pace, Hong Kong is looking to play its part to fulfill the area's ambitions, said the city's top mainland affairs official on Wednesday. In a sign of Hong Kong's determination to get a slice of the action, outgoing Chief Executive …

HK should seize the day if Trump opts out of TPP
8 years, 3 months ago

HK should seize the day if Trump opts out of TPP

China Daily  

HK should seize the day if Trump opts out of TPP Updated: 2016-12-15 09:06 By Wang Shengwei Wang Shengwei writes that China is well placed to benefit from the demise of TPP - a boon for the SAR as the country's entrepot for trade with the world On Nov 21, US President-elect Donald Trump said in a short video message …

HK to play super-connector for Belt and Road Initiative[1]- Chinadaily.com.cn
9 years, 7 months ago

HK to play super-connector for Belt and Road Initiative[1]- Chinadaily.com.cn

China Daily  

HONG KONG - Hong Kong should intensify its role as the "super-connector" linking the Chinese mainland and the rest of the world, and grasp the opportunity of the China's Belt and Road Initiative to boost its economy, said Leung Chun-ying, Chief Executive of Hong Kong Special Administrative Region. The SAR government should abandon outdated "positive non-intervention" mentality of economic development …

HK still top choice for mainland firms
10 years, 6 months ago

HK still top choice for mainland firms

China Daily  

Hong Kong remains the preferred location for overseas and mainland companies to house their Asian operations and is the main springboard for mainland enterprises to tap global markets. Hong Kong ranked fourth in terms of global foreign direct investment inflows in 2013, according to the United Nations Conference on Trade and Development's World Investment Report 2014. As an international financing …

HK still top choice for mainland firms
10 years, 6 months ago

HK still top choice for mainland firms

China Daily  

Hong Kong remains the preferred location for overseas and mainland companies to house their Asian operations and is the main springboard for mainland enterprises to tap global markets. Hong Kong ranked fourth in terms of global foreign direct investment inflows in 2013, according to the United Nations Conference on Trade and Development's World Investment Report 2014. As an international financing …

Helping US-Hong Kong links
10 years, 7 months ago

Helping US-Hong Kong links

China Daily  

Helping US-Hong Kong links Updated: 2014-08-26 04:27 By Amy He in New York With a rebounding US economy, the Hong Kong Trade Development Council wants to make sure it can do its part to strengthen US-Hong Kong trade relations by helping small- and medium-sized enterprises expand into Asia, it says. "We're hoping that more US companies will use Hong Kong …

For Hong Kong And Mainland, Distrust Only Grows
13 years ago

For Hong Kong And Mainland, Distrust Only Grows

NPR  

For Hong Kong And Mainland, Distrust Only Grows Enlarge this image toggle caption Joyce Woo/AFP/Getty Images Joyce Woo/AFP/Getty Images A committee of Hong Kong's handpicked elite will select the territory's new leader this weekend after a hotly contested fight, which has left both the main front-runners tainted by scandal. In early February, the simmering anger erupted in a very public …

Discover Related