The Secretary of the Finance Bureau, Chen Maobo, published a blog today stating that under the country’s domestic and international "dual cycle" development strategy, Hong Kong will be more actively integrated into the overall national development situation, coordinate and mutually beneficial development with cities in the Greater Bay Area, and promote trade, shipping and logistics. Development to the next level.
He also mentioned that the Mainland is Hong Kong’s largest export market for goods. Its share of total exports has increased from 35% in 2000 to 59% last year. Looking ahead, the demand for quality products and services in the Mainland will increase. The Mainland will continue to grow at a "remarkable rate."
Chen Maobo said that the Hong Kong government will assist young people to develop in the Greater Bay Area.
(Profile picture)
20 economies sign their own trade agreements with Hong Kong and continue to look for more trading partners
Chen Maobo said that he attended the China Import and Export Fair in Guangzhou last week. This time the Canton Fair held the national "Pearl River International Trade Forum" for the first time, a dialogue platform with the theme "China's new development provides new opportunities for the world." One of the sub-forums introduced Hong Kong's opportunities and advantages in international trade cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area.
He pointed out that the Mainland is Hong Kong's largest export market for goods, and its share of total exports has risen from 35% in 2000 to 59% last year.
Looking to the future, the income level of mainland residents will continue to increase. The middle-income population is estimated to increase from the current 400 million to 800 million, and the consumption power will increase. In addition, the "14th Five-Year Plan Outline" proposes to develop a major domestic cycle. Strategy, the mainland's demand for high-quality products and services will increase, and Hong Kong's exports to the mainland will continue to grow at a considerable rate.
He continued that Hong Kong’s future economic development is inseparable from the country’s development and will help Hong Kong’s young people better seize the opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area and take the express train of national development.
In addition, the Hong Kong government has signed free trade agreements with 20 economies, and continues to seek to sign free trade agreements with more trading partners to further consolidate Hong Kong’s position as a trade center in the region and even internationally. It is also striving to join the "Regional The Comprehensive Economic Partnership Agreement (RCEP) helps Hong Kong businessmen and investors to open up larger markets.
Chen Maobo: Coordinated development with the Bay Area to achieve Hong Kong's economic sustainability from shipping and logistics Big economic engine
01News
