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'Hong Kong firms very popular in the Middle East'
'Hong Kong firms very popular in the Middle East'

RTHK

time09-05-2025

  • Business
  • RTHK

'Hong Kong firms very popular in the Middle East'

'Hong Kong firms very popular in the Middle East' Nicholas Ho says the Middle East is a suitable market for Hong Kong's businesses. Photo: RTHK Firms in Hong Kong are growing in popularity among countries in the Middle East, according to the head of the Belt and Road Office in the SAR. Nicholas Ho, Commissioner for Belt and Road, told RTHK's "Government and You" programme that the region is becoming more familiar with the city's advantages, and is a suitable market for the Hong Kong businesses to enter. "Many different enterprises in Hong Kong, including those in professional services or technology, are very popular in the Middle East," Ho said. "There is a need for international partners that understand international standards with technology and professional services to help (companies there)." Governments and enterprises in the Middle East are becoming increasingly clear on Hong Kong's role, advantages and functions, Ho added.

'Hong Kong firms very popular in the Middle East'
'Hong Kong firms very popular in the Middle East'

RTHK

time09-05-2025

  • Business
  • RTHK

'Hong Kong firms very popular in the Middle East'

'Hong Kong firms very popular in the Middle East' Nicholas Ho says the Middle East is a suitable market for Hong Kong's businesses. Photo: RTHK Firms in Hong Kong are growing in popularity among countries in the Middle East, according to the head of the Belt and Road Office in the SAR. Nicholas Ho, Commissioner for Belt and Road, told RTHK's "Government and You" programme that the region is becoming more familiar with the city's advantages, and is a suitable market for the Hong Kong businesses to enter. "Many different enterprises in Hong Kong, including those in professional services or technology, are very popular in the Middle East," Ho said. "There is a need for international partners that understand international standards with technology and professional services to help (companies there)." Governments and enterprises in the Middle East are becoming increasingly clear on Hong Kong's role, advantages and functions, Ho added.

Hong Kong's professional services help firms expand into belt and road markets
Hong Kong's professional services help firms expand into belt and road markets

South China Morning Post

time17-04-2025

  • Business
  • South China Morning Post

Hong Kong's professional services help firms expand into belt and road markets

03:21 Belt and Road Cross-professional Forum showcases Hong Kong's strategic advantages Belt and Road Cross-professional Forum showcases Hong Kong's strategic advantages Hong Kong has long been recognised as a global leader in finance, legal, logistics and other professional services sectors. Favourable conditions, such as its strategic geographical location and trade-friendly policies, have attracted many international companies to establish regional offices in the city to facilitate trade in mainland China and other global markets. Advertisement These advantages also help Hong Kong foster collaboration between mainland China and countries that are part of the Belt and Road Initiative – a development strategy created by China to encourage multilateral collaboration in fields such as trade, infrastructure, innovation, digitalisation, green development and healthcare. Additionally, they position the city as a gateway for Chinese enterprises seeking to expand internationally, and for companies in belt and road countries that are looking to enter the mainland Chinese market. Hong Kong is now home to the regional headquarters of about 10,000 mainland Chinese and international enterprises. Between 2013 and 2022, the city's direct investment into belt and road countries tripled to US$120 billion, while its trade in merchandise with these nations rose by about 60 per cent during the same period. The Belt and Road Cross-professional Forum was held in Hong Kong in February to promote multilateral cooperation and highlight the city's unique role as a strategic connector for the initiative. More than 250 guests from Hong Kong, mainland China and belt and road countries attended the event. Secretary for Commerce and Economic Development Algernon Yau speaks during the Belt and Road Cross-professional Forum. The forum was organised by the Belt and Road Office, which promotes the city's full participation in the initiative. The office is part of the Hong Kong Special Administrative Region government's Commerce and Economic Development Bureau.

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