Hong Kong's Transport Secretary Visits Guangxi to Enhance Logistics Collaboration and Connectivity.

2025-01-08 17:30 Last Updated At：18:38

STL visits Guangxi

The Secretary for Transport and Logistics, Ms Mable Chan, led members of the Hong Kong Logistics Development Council(LOGSCOUNCIL) and representatives from the Hong Kong Customs and Excise Department as well as the Marine Department to visit Guangxi today (January 8), where they viewed local transport and logistics facilities and introduced the local trade to Hong Kong's latest logistics development.

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STL visits Guangxi Source: HKSAR Government Press Releases

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STL visits Guangxi Source: HKSAR Government Press Releases

Upon her arrival in Nanning yesterday evening (January 7), Ms Chan met with the Executive Vice Chairman of the People's Government of Guangxi Zhuang Autonomous Region, Mr Xu Yongke, and exchanged views on strengthening maritime and logistics collaborations between Hong Kong and Guangxi. Speaking at a Guangxi-Hong Kong seminar on transport and logistics this morning, Ms Chan said that Hong Kong serves as a prominent bridge connecting the nation with the global market, while Guangxi is an important channel for exchanges with the Association of Southeast Asian Nations and also a key node under the Belt and Road Initiative. Hong Kong and Guangxi signed the Framework Agreement on Deepening Strategic Co-operation for the Guangxi-Hong Kong Task Force on Transport and Logistics last year, opening up expansive room for co-operation between the two places in the areas of transportation and logistics.

Ms Chan and the delegation later visited the Nanning International Railway Port and the China-Singapore Nanning International Logistics Park to learn about the operation of the related facilities. "This is my first duty visit since assuming the office of the Secretary for Transport and Logistics, and it is also the first Mainland duty visit for the LOGSCOUNCIL after the pandemic, underscoring our high priority attached to the logistics and maritime collaboration between Hong Kong and Guangxi," Ms Chan said.

Ms Chan added that Hong Kong, being an international maritime, aviation and logistics hub, is privileged to enjoy the institutional advantage of being "part of China but outside the Mainland". Since the commissioning of the Hong Kong-Zhuhai-Macao Bridge, the driving distance between Hong Kong and Guangxi has been largely shortened. Together with the commissioning of the Three-Runway System at Hong Kong International Airport which enhances the air cargo capacity of the city, Hong Kong can better utilise the extensive aviation network to connect the Mainland with the world where goods from Guangxi can be more readily exported to various overseas destinations. On the other hand, arising from the promotion of building a "New Land-Sea Corridor for Western Regions", the recent development of the Guangxi Beibu Gulf has been rapid. As an international maritime centre, Hong Kong's advantage of possessing numerous and dense shipping routes can provide highly efficient and convenient transit services for goods transferring to and from the Beibu Gulf. Ms Chan expects to further enhance and deepen the logistics and maritime ties between Hong Kong and Guangxi to facilitate logistics and maritime connectivity.

Ms Chan concluded her duty visit to Guangxi and will return to Hong Kong tonight.

Paul Chan Promotes Hong Kong's Business Opportunities at Jakarta Symposium

2025-01-08 23:59 Last Updated At：01-09 00:58

FS begins visit to Jakarta, Indonesia (with photos/video)

The Financial Secretary, Mr Paul Chan, today (January 8) began his visit to Jakarta, Indonesia. He attended the Think Business, Think Hong Kong Symposium organised by the Hong Kong Trade Development Council (HKTDC) in the morning, addressing over 1 500 leaders from the commerce and industry, financial, and innovation and technology sectors in Indonesia and nearby regions to promote Hong Kong's new advantages and new opportunities.

Mr Chan noted in his speech that Indonesia's economy has developed rapidly, with an average annual growth rate of 4.2 per cent over the past decade. The youthful labour force, fast-growing middle class, expanding consumer market and rapid urbanisation have made Indonesia an emerging market full of opportunities.

Mr Chan said that with the unique advantages of connections to both Mainland China and foreign countries under the "one country, two systems" principle, Hong Kong serves as the "super connector" and "super value-adder". Hong Kong is not only an international financial, shipping and trading centre,and an international hub for high-calibre talents but also a core city of the Guangdong-Hong Kong-Macao Greater Bay Area, making it the most convenient and efficient gateway for Indonesian enterprises to enter Mainland China.

In his speech, Mr Chan also highlighted Hong Kong's strengths in financial services and green technology. As a leading global financial centre, Hong Kong has full-chain fundraising capabilities. Through mutual access with the capital markets of Mainland China, Indonesian companies that are listed in Hong Kong can access both Mainland and international funds simultaneously. In light of Indonesia's massive infrastructure investment needs, infrastructure projects in Indonesia can be financed in Hong Kong through various channels such as public listings, issuing bonds, forming real estate investment trusts, bonds, and even securitisation of the projects. In addition, Hong Kong is the world's largest offshore RMB business hub. With the continuous rise in trade between China and Indonesia, Indonesian businessmen holding RMB can take advantage of the various RMB-denominated investment and risk management tools offered by Hong Kong to earn better returns and manage risks effectively. They can also issue RMB-denominated securities in Hong Kong to raise funds to support their business development needs in the mainland. Regarding green and sustainable finance, Hong Kong's relevant standards are highly aligned with international ones, which can support Indonesia and the region's green transformation. Additionally, the Science Park and Cyberport have gathered many green technology companies that can provide innovative green solutions for Indonesian partners.

Mr Chan also introduced Hong Kong's advantages in high-value supply chain management services. Under the prevailing international political and economic landscape, many companies are seeking to diversify risks by re-aligning their industry and supply chains. They require services such as supply chain management, trade financing, corporate treasury services and professional consulting. As a "super connector" and "super value-adder," Hong Kong is well-positioned to offer these services. Indonesian companies are welcomed to establish their international or regional business headquarters, corporate treasury centres, and supply chain management centres in Hong Kong.

Organised by the HKTDC, the Think Business, Think Hong Kong Symposium brought together about 120 government representatives, business leaders, start-up representatives and professional service providers from Hong Kong to strengthen commercial connections between Hong Kong and Indonesia. An exhibition zone for professional services and start-ups was set up at the event to showcase products and solutions from Hong Kong companies, facilitating business matching between Hong Kong and Indonesia.

Afterwards, Mr Chan met with various senior government officials of Indonesia, including the Minister of Finance, Ms Sri Mulyani Indrawati; the Coordinating Minister for Economic Affairs, Dr Airlangga Hartarto; the Minister of Investment and Downstream Industry, Mr Rosan Perkasa Roeslani; and the Deputy Minister of Trade, Ms Dyah Roro Esti Widya Putri. Mr Chan introduced them to the advantages and development opportunities in Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), and the unique role and functions of Hong Kong therein. They discussed strengthening co-operation in bilateral trade, investments, finance and innovation and technology. Mr Chan welcomed them to visit Hong Kong and lead business delegations to Hong Kong and the GBA to explore more business opportunities and strengthen collaboration.

In the afternoon, Mr Chan called on the Chinese Ambassador to Indonesia, Mr Wang Lutong, to understand the latest developments on collaboration between the country and Indonesia, and exchange views on strengthening economic and people-to-people relations between Hong Kong and Indonesia.

Mr Chan had lunch with key members of the China Chamber of Commerce in Indonesia to understand the Indonesian social economic conditions and business environment and their experience in Indonesia, and exchange views on issues of mutual interest.

This evening, Mr Chan attended the Hong Kong Dinner organised by the HKTDC where he addressed more than 400 Indonesian leaders from commerce and industry to promote Hong Kong in business, culture, tourism and lifestyle.

Mr Chan will continue his visit to Jakarta tomorrow (January 9). He will depart for Hong Kong in the afternoon local time.