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Written by: Kong Fanxu
2020-08-12 09:58
Last update date: 2020-08-12 09:58U.S. President Trump earlier announced the cancellation of Hong Kong’s special treatment. The U.S. government announced yesterday (12th) that from September 25th, when goods produced in Hong Kong are exported to the United States, they must mark their country of origin as "China." No more "Made in Hong Kong" labels can be posted.
Liang Lihui, the chief executive of Biling Technology Co., Ltd., a local scientific research company, said on the radio that the production address of medical products must be listed. I believe customers can still know that it is a "Hong Kong brand". She also pointed out that European and American buyers feel about Hong Kong or Chinese manufacturing. There are differences, I believe that Hong Kong brands have confidence in the international arena.
Liang Lihui said in an interview on Business Channel "Departure on a Sunny Day" that the US market accounts for 50% of the company’s business. Although the label will be changed to "from China" in the future, since medical products need to specify the manufacturing address under the law, I believe buyers will still Will know that its products are "Hong Kong Brands".
Liang also said that when she participated in European and American exhibitions in the early years, many buyers asked her whether their products were produced in Hong Kong, and bluntly said that they had greater confidence in producing in Hong Kong than in the Mainland. So she moved the factory from the Mainland to Hong Kong in 2018. It is believed that Hong Kong brands have confidence in the international arena.
Wu Hongbin, president of the Chinese Manufacturers’ Association, said that the export of Hong Kong-made products to the United States is about 3 billion yuan, which is not a large amount. He believes that the US market is not as important as the mainland and the Southeast Asian market is not worried about this. Under the struggle of the United States, Hong Kong has become a pawn and is not optimistic about the future.
However, the manufacturer will issue a statement last night, questioning that the US decision will cause confusion in issuing the certificate of origin. The SAR government also issued a statement expressing its strong opposition, stating that "Hong Kong Special Administrative Region enjoys the unique status of a separate customs territory under "One Country, Two Systems". It is granted in accordance with the country’s Constitution and Basic Law, and is recognized by multilateral organizations such as WTO. State grants may be revoked."
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