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Hong Kong - Your Belt and Road Partner

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Nick Choi, Deputy Director, Hong Kong Economic
and Trade Office (in Canada) Introduce the Belt and Road Initiative spearheaded by the Chinese government

Published in: Government & Nonprofit
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Hong Kong - Your Belt and Road Partner

  1. 1. HONG KONG – Your Belt and Road Partner
  2. 2. Belt & Road 2 - Silk Road Economic Belt - 21st Century Maritime Silk Road
  3. 3. 3 >60 countries 4.4 billion population US$22 Trillion gross economic volume
  4. 4. 4 “One declaration, one inspection, one cargo release”
  5. 5. Policy Coordination People-to-People Bond Infrastructural FacilitiesFinancial Integration Trade & Investment
  6. 6. 6 Key opportunities
  7. 7. 7 Infrastructure • Finance gap of US$8.3 trillion • Accelerated infrastructure projects • Further boost int’l cooperation in production capacity and machinery manufacturing
  8. 8. 8
  9. 9. 9 Industry Cooperation • >70 economic and industrial cooperation zone projects • Annual production value >US$20 billion • Information Technology, new materials and high-tech manufacturing
  10. 10. 10 Financial Cooperation • Huge demand for financing, bonds, insurance and asset management • US$40 billion Silk Road Infrastructure Fund • Asian Infrastructure Investment Bank in operation in January 2016
  11. 11. 11 Cultural Tourism • 500 world cultural and natural heritage sites • 200 key tourism projects for the next three years • 150 million tourists to countries along the Belt and the Road, >US$200 billion revenue
  12. 12. Hong Kong’s unparalleled advantages
  13. 13. 13
  14. 14. 14 World-class connectivity • Strategic location in the heart of Asia • World’s busiest cargo gateway • Top five busiest container ports in the world • Well-connected by road and rail to the Pearl River Delta
  15. 15. 15 Trade and Business Centre • World’s freest economy for 22 consecutive years by the Heritage Foundation • A major platform for China’s foreign trade and investment • Handling some 20% of the Mainland’s international trade
  16. 16. 16 Financing platform • International financial centre with a robust banking system • Diversified financing channels – equity listing, syndicated loans, private equity funds, bonds • Well-developed RMB payment and settlement infrastructure
  17. 17. 17 Excellent professional and support services • Home to more than 7,500 overseas and Mainland enterprises • Half are regional headquarters / offices • Focal point for global talent • One stop hub for operation
  18. 18. 18 Dispute resolution • International legal and dispute resolution services centre • Arbitral awards enforceable in more than 150 jurisdictions, including Mainland China • Presence of world class arbitral institutions
  19. 19. Hong Kong Your Belt & Road Partner
  20. 20. Thank You

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