Discovering and realising new opportunities in Asia

  • ACN News

HONG KONG, Nov 23, 2021 – (ACN Newswire) – In order to strengthen the longstanding relationship between Hong Kong and UK businesses, the “Discovering and Realising New Opportunities in Asia” signature webinar was held last Thursday, 18 November, hosted by the Hong Kong Trade Development Council (HKTDC) and co-organised by the British Chamber of Commerce in Hong Kong.

The webinar updated participants on the latest business developments in Hong Kong and examined the city’s unique role as a multi-faceted hub that UK businesses can leverage to capture new opportunities in the dynamic Asian market, particularly the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the Association of Southeast Asian Nations (ASEAN) bloc.

Over 700 participants took part in the webinar, including business leaders and senior government officials from Hong Kong and the UK. They were welcomed by Dr Peter K N Lam, Chairman of the HKTDC. In his opening remarks, Dr Lam said: “In 2020, Hong Kong was the UK’s 12 largest trading partner in the world and the second largest in Asia, after Mainland China. Over US$6 billion of trade between the UK and Mainland China is routed through Hong Kong. As a global hub in finance, trade and logistics, our city has a long history of supporting international companies. Moreover, Hong Kong’s role in connecting the world with China, the Greater Bay Area offers even more prospects as a resource hub and a market.”

Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), delivered the keynote address on Hong Kong’s role as a two-way platform for the world to connect with Mainland China and Asia. The Chief Executive remarked that “The best of Hong Kong is yet to come and Hong Kong’s future is grounded in a very solid foundation.” This is owing to the innovative “One Country, Two Systems” framework which will underline Hong Kong’s continued success. Other important reasons for her optimism are that Hong Kong’s traditional strengths and core values have been strengthened and the continuous, staunch support of the Central People’s government which has enhanced Hong Kong’s international proactiveness.

Topical sessions explore business opportunities between HK and UK

Attendees were invited to take part in three sessions in which senior figures from key players in the world of international business spotlighted topical issues in the areas of finance, business expansion in Asia and healthcare. In the session “Capitalising on New Opportunities in Asia’s Financial Sector”, guests heard the way forward for Hong Kong as an international financial centre and asset management hub, as well as new opportunities related to green and sustainable finance with a focus on the GBA…

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