The Slovenia Times

Hong Kong - your ticket to the massive Chinese consumer market and its fast-rising middle class

Nekategorizirano

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"Being a global financial, logistics and trading hub, Hong Kong will continue to play the important role of a 'super-connector' between Slovenia and the Mainland of China. I am confident our co-operation will only expand in the coming years, thanks to the ambitious and visionary initiative of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, commonly known as the Belt and Road Initiative that was spearheaded by President Xi of China in 2013. This grand and far-reaching Initiative aims to expand trans-continental connectivity, to promote economic, political and cultural co-operation from Asia through Africa and on to Europe. It will emerge as a driving force of the world economy in this 21st century.

And how can Hong Kong support Slovenian business, and how we can help you capitalise on the wealth of opportunities emerging from the Belt and Road Initiative?

When you are in Hong Kong, you are in China - but a Special Administrative Region of China that provides the combined advantages of "one country" and "two systems". Hong Kong is an international gateway to Mainland China, offering unique physical and intangible connectivity to the Mainland with privileged trade and social access. On the other hand, Hong Kong has a well-established system that connects us to the international community in terms of our legal system, language, trade practices as well as lifestyle which international traders are familiar with.

Traders in all sectors, and from all jurisdictions, can trade freely in Hong Kong. And all persons, businesses and organisations, regardless of their nationality, are treated exactly the same. Every business in Hong Kong can enjoy the same privileges and benefits provided by our international agreements.

Consider, for example, CEPA (the Mainland and Hong Kong Closer Economic Partnership Arrangement), Hong Kong's free-trade agreement with the Mainland of China. CEPA provides preferential treatment to Hong Kong service providers, regardless of nationality, as well as tariff-free treatment for products that have been conferred with Hong Kong origin.

"One country, two systems" has made Hong Kong the "super-connector", bringing together the rest of China and the rest of the world, and that, of course, includes economies along the Belt and Road. This also makes us a magnet for business. Hong Kong has always been a preferred venue for hosting regional headquarters or trading offices for multinational companies to manage their businesses in the Asia Pacific.

Aside from trade, logistics is another key area that has been driving Hong Kong's development as an international business centre. The Belt and Road will catalyse the movement of people and goods, boosting demand for reliable logistics services. From Hong Kong, you can reach all major Asian economies within four hours' flight time. Half the world's population is just five hours away.

Because we have a deep pool of talented professionals, from engineers and surveyors to architects, designers and planners, not to mention other professionals specialised in financing, insurance, arbitration, risk management and project consulting. Other than professional services, financial services will of course be another important area for co-operation under the Belt and Road. Hong Kong is China's international financial centre and we are also one of the leading financial centres in the world. We have the experience, the expertise and the connections to serve as the fund-raising and financial management hub for the Belt and Road.

Hong Kong has what you need in a strategic partner for the 21st century. We welcome Slovenian investment and talent. The Belt and Road will be built on collaboration - on deepening the bonds between nations, economies and cultures."
 

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