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Hong Kong-Zhuhai-Macao Bridge becomes key conduit for cross-border trade

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      China

      China

      Hong Kong-Zhuhai-Macao Bridge becomes key conduit for cross-border trade

      2025-01-30 21:54 Last Updated At:22:17

      The Hong Kong-Zhuhai-Macao Bridge has been accelerating its development as a new economic and trade corridor in the Greater Bay Area since it started operation in 2018.

      With closer integration between the bridge port, Hong Kong and Macao airports, surrounding ports and logistics parks, the bridge has become a critical conduit for cross-border trade, seamlessly facilitating the movement of goods.

      Recently, a company based in Guangdong transported a batch of printers and their spare parts to Hong Kong Airport via the bridge, and then airlifted to Singapore.

      In the past, the company used to ship the goods by barges to and from Hong Kong Airport, which took an average of two to three days. After the opening of the bridge's 24-hour customs clearance service, customs clearance procedures can be completed in half a day now.

      "Since the bridge port can clear customs 24 hours a day, after the emergency materials we purchased from overseas arrived at Hong Kong Airport, we can receive them and put into production at the Zhuhai factory on the same day. Our turnover in 2024 increased by 10 percent year on year," said He Zuowei, customs manager of the company.

      The Zhuhai Port at the Hong Kong-Zhuhai-Macao Bridge has seen over one trillion yuan (about 138 billion U.S. dollars) in total trade value, according to Gongbei Customs data.

      Moreover, since the opening of the bridge, the origins and destinations of goods imported and exported through the bridge port have expanded to over 230 countries and regions worldwide, with particularly impressive performance in trade with emerging markets.

      In 2024, the import and export value of goods through the bridge port to ASEAN, Latin America and Africa increased by 27.7 percent, 47.1 percent and 30.9 percent year on year respectively.

      "It took four years for the total import and export value of the bridge port to increase from zero to 500 billion yuan, and two years and two months from 500 billion yuan to 1 trillion yuan. The bridge has continuously released the vitality as a major foreign trade channel," said Wang Peiyang, deputy commissioner of the Hong Kong-Zhuhai-Macao Bridge Customs.  

      Hong Kong-Zhuhai-Macao Bridge becomes key conduit for cross-border trade

      Hong Kong-Zhuhai-Macao Bridge becomes key conduit for cross-border trade

      Next Article

      China, Myanmar, Thailand joint hands in fighting against cross-border telecom fraud

      2025-02-21 13:47 Last Updated At:14:07

      High-level officials from China, Myanmar and Thailand have recently engaged in multiple discussions for establishing a joint mechanism to combat cross-border telecom fraud.

      Police authorities in the three countries have all intensified their operations to combat telecom fraud in the Myawaddy region. Thailand has implemented measures such as cutting off power, internet, and fuel supplies to Myawaddy, while also increasing patrols along the Thailand-Myanmar border to block the smuggling and transfer of individuals involved in fraud crimes.

      Myanmar has launched an extensive crackdown on telecom fraud operations in Myawaddy, apprehending suspects and rescuing Chinese nationals trapped in the area.

      The collaboration among the three countries has led to significant progress, with large numbers of telecom fraud suspects from the Myawaddy area having been arrested.

      The first group of 200 Chinese citizens suspected of involvement in telecom fraud was repatriated from Myanmar to China on Thursday.

      They were initially transferred to Thailand's Mae Sot near the border with Myanmar earlier that day, before being flown back to China on four chartered flights, escorted by police officers from east China's Jiangsu Province.

      "Under the unified deployment of the Ministry of Public Security, Jiangsu police will mobilize a specialized team to investigate into the first batch of transferred individuals in the joint operation and take decisive legal action against any criminal activities," said Ding Jie, head of the case investigation unit under the anti-fraud and new crime team of the Jiangsu Provincial Public Security Department.

      In response to the escalating telecom fraud issue in Myawaddy, the ministry has been strengthening collaboration with law enforcement agencies in Myanmar and Thailand to intensify crackdown efforts.

      At the end of January, with the support of Chinese embassies in Thailand and Myanmar, the ministry dispatched task forces to both countries for multiple rounds of talks, aiming to strengthen trilateral cooperation and establish a joint mechanism to combat cross-border crimes like telecom fraud and human trafficking.

      "The tripartite mechanism between China, Myanmar, and Thailand for combating telecom fraud and other cross-border crimes will operate on a regular basis. China's public security authorities will expand practical cooperation with more countries, focusing on rescuing victims, capturing key figures and funders behind telecom fraud rings, and intensifying efforts to dismantle fraud operations in Myawaddy. We are committed to cracking down on cross-border crimes such as telecom fraud to protect the legitimate rights of Chinese citizens," said Liu Ningning, an official with the criminal investigation department of the Ministry of Public Security.

      China, Myanmar, Thailand joint hands in fighting against cross-border telecom fraud

      China, Myanmar, Thailand joint hands in fighting against cross-border telecom fraud

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