Hong Kong: Bridging Business Opportunities under the Belt and Road Initiative
Hong Kong's external trade with Belt and Road economies other than Mainland China has surged by almost 78 per cent (3.2 times the growth rate of Hong Kong's trade with all economies) between 2013 and 2024.
Tapping into this huge potential is a strong focus of the Hong Kong Special Administrative Region (HKSAR) Government, including arranging outbound business missions to Belt and Road countries/regions as well as inviting global policymakers, business leaders, investors and academics to attend the annual flagship Belt and Road Summit in the city.
The HKSAR's Chief Executive John Lee has so far led high-level delegation visits to four of the six Gulf Cooperation Council countries, most recently Kuwait and Qatar, as well as six of the 10 Member States of ASEAN, which is Hong Kong's second largest trading partner.
ADVERTISEMENT
And, just last week, the Belt and Road Office (BRO) under the Commerce and Economic Development Bureau of the HKSAR Government led an infrastructure and construction mission to Indonesia and Malaysia (22-26 June 2025).
The Commissioner for Belt and Road, Mr Nicholas Ho, led a delegation to visit Indonesia and Malaysia last week.
These visits strengthen government-to-government relations, connect project owners with investors, and promote Hong Kong's unique advantages under 'one country, two systems', including the city's common law system and free flows of capital and talent. They also foster partnership opportunities by highlighting Hong Kong's professional services expertise in areas ranging from engineering, architecture and surveying to design, legal and financial services.
One such company is Hong Kong green technology start-up i2Cool, which has introduced its cooling systems to the United Arab Emirates, securing a deal to apply its i2Coating to the Dubai Mall's rooftop. This helped the shopping mall achieve a 20% reduction in air-conditioning energy consumption. During last week's mission to Indonesia and Malaysia, i2Cool signed memoranda of understanding (MOUs) with local partners.
Meanwhile, a Hong Kong firm is investing in a data centre in the Indonesian capital Jakarta, leveraging opportunities in digital infrastructure to contribute to the development of the Digital Silk Road in promoting connectivity. The Tier III hyperscale facility is capable of handling a huge amount of data safely and securely, with an initial 20MW IT load. Equipped with advanced security measures and round-the-clock monitoring and support, the data centre can promptly identify and resolve any potential problems, minimising downtime and optimising business productivity. The HKSAR Government and its Belt and Road Office helped to make the business connections with local partners through networking events. The project highlights Hong Kong's role as a 'super connector' and 'super value-adder' in influential deal-making.
Professional services thrive in Hong Kong, thanks to the city's robust legal system and the rule of law. Hong Kong is the only common law jurisdiction within China, which means that the legal regime in the business realm resembles that of many major global financial centres.
ADVERTISEMENT
As such, the newly established International Organization for Mediation (IOMed) will have its headquarters in Hong Kong. IOMed will become the world's first intergovernmental international legal organisation dedicated to resolving international disputes through mediation. It will provide a pathway for countries along the B&RI and beyond – regardless of culture, language and legal system – to resolve international disputes based on mutual respect and understanding.
Meanwhile, Hong Kong is gearing up to host the 10th edition of the Belt and Road Summit in September (10-11 September, 2025). The Summit gathers senior government officials and business leaders from countries and regions along and beyond the Belt and Road to exchange insights on multilateral co-operation and explore concrete business opportunities.
Thousands of policymakers, business leaders, investors and academics attend the annual Belt and Road Summit.
Last year's summit welcomed more than 6,000 attendees from around the world, including over 90 high-profile speakers. The event also arranged over 800 one-to-one business matching meetings and featured over 110 exhibitors, creating business opportunities throughout the Belt and Road regions.
Hashtag: #hongkong #brandhongkong #asiasworldcity #beltandroad #B&R
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong
The issuer is solely responsible for the content of this announcement.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Middle East Eye
2 days ago
- Middle East Eye
UK: Starmer and Cooper urged by over 400 cultural figures not to ban Palestine Action
A group of over 400 cultural figures from across the political spectrum has called on British Prime Minister Keir Starmer and Home Secretary Yvette Cooper to halt the proscription of Palestine Action on free speech grounds. The novelist Alan Hollinghurst, writer Reni Eddo-Lodge and musician Brian Eno are among those who have signed a joint statement organised by Fossil Free Books. 'Whether we as individuals support Palestine Action is irrelevant: what is at stake here is the very principle of freedom of expression,' the statement reads. Pankaj Mishra, whose recent book The World After Gaza responds to the impact of Israel's war on Gaza, has signed the statement, as have the journalist George Monbiot, economist Yanis Varoufakis, academic Kojo Karam, comedian Frankie Boyle and the writers Aja Barber, Max Porter and Afua Hirsch. In a separate letter organised by Artists for Palestine UK, another group of high profile British cultural figures, including the actor Tilda Swinton and the musician Paul Weller, said: "The real threat to the life of the nation comes not from Palestine Action but from Home Secretary Yvonne Cooper's efforts to ban it." 'Civil disobedience is not 'terrorism', as history shows us, from the suffragettes to Martin Luther King Jr. It is the right of all citizens in a democracy," the Fossil Free Books statement says. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters "In 2004, Keir Starmer made this very argument when he represented an activist who sabotaged a military aircraft, making the case that his actions were lawful because they aimed to prevent an 'illegal war'. 'Legal and human rights groups, such as Amnesty, Greenpeace and Liberty, have been clear that the proscription of Palestine Action threatens the right to protest in the UK.' As a lawyer, Starmer represented Josh Richards, one of five British peace activists who in 2003 sought to sabotage operations at RAF Fairford, a military air base that was housing B-52 bombers due to fly to Iraq. Banning Palestine Action Founded in 2020, Palestine Action is a direct action group the UK government is set to ban after activists broke into RAF Brize Norton, the largest airbase in Britain, on 20 June and spray-painted two planes while on electric scooters. The activists then evaded security and escaped the base, which they said they targeted because flights leave from there for RAF Akrotiri in Cyprus, 'a base used for military operations in Gaza and across the Middle East'. 'As a precedent for what constitutes free speech and appropriate civil disobedience, this is appalling' - Nikesh Shukla, British screenwriter On Friday police announced they had arrested two people connected to the incident, and have since made four more arrests related to the RAF base break-in. Speaking in parliament on 23 June, Yvette Cooper said: 'I have decided to proscribe Palestine Action under section 3 of the Terrorism Act 2000. She said a draft proscription order will be presented in Parliament on 30 June. "If passed, it will make it illegal to be a member of, or to invite support for, Palestine Action.' After the draft order is presented in parliament on Monday, it will be put to a vote on Wednesday and could come into effect as soon as Friday this week. On Monday, Palestine Action said that Cooper "will ask MPs to decide in one vote to ban Palestine Action and neo-Nazi groups 'Maniac Murder Cult' and 'Russian Imperialist Movement'. "She's done this deliberately to try and ensure the vote is successful." New report lays out full extent of UK-Israel military partnership in Gaza Read More » If Palestine Action is proscribed, it will place it alongside the likes of Islamic State and the neo-Nazi group National Action. It will be the first time a direct action group has been classified in this way. George Monbiot, a Guardian columnist and author, said that the planned proscription of Palestine Action was 'our 'I'm Spartacus' moment.' Scottish comedian Fern Brady said: 'Civil disobedience, protest and the expression of political solidarity is not terrorism. "To say that it is would be an indictment of the UK democracy and every self-respecting comedian should take a stand.' Nikesh Shukla, the British novelist and screenwriter, said: 'As a precedent for what constitutes free speech and appropriate civil disobedience, this is appalling. "We call on all writers, no matter your political views, to join us in defending freedom of speech.'
Zawya
2 days ago
- Zawya
Hong Kong: Bridging Business Opportunities under the Belt and Road Initiative
HONG KONG SAR - Media OutReach Newswire - 30 June 2025 - As a global trade and financial centre and a key link in the Belt and Road Initiative (B&RI), Hong Kong plays a pivotal role in connecting the Belt and Road regions, spanning some 150 countries around the world. Hong Kong's external trade with Belt and Road economies other than Mainland China has surged by almost 78 per cent (3.2 times the growth rate of Hong Kong's trade with all economies) between 2013 and 2024. Tapping into this huge potential is a strong focus of the Hong Kong Special Administrative Region (HKSAR) Government, including arranging outbound business missions to Belt and Road countries/regions as well as inviting global policymakers, business leaders, investors and academics to attend the annual flagship Belt and Road Summit in the city. The HKSAR's Chief Executive John Lee has so far led high-level delegation visits to four of the six Gulf Cooperation Council countries, most recently Kuwait and Qatar, as well as six of the 10 Member States of ASEAN, which is Hong Kong's second largest trading partner. And, just last week, the Belt and Road Office (BRO) under the Commerce and Economic Development Bureau of the HKSAR Government led an infrastructure and construction mission to Indonesia and Malaysia (22-26 June 2025). These visits strengthen government-to-government relations, connect project owners with investors, and promote Hong Kong's unique advantages under "one country, two systems", including the city's common law system and free flows of capital and talent. They also foster partnership opportunities by highlighting Hong Kong's professional services expertise in areas ranging from engineering, architecture and surveying to design, legal and financial services. One such company is Hong Kong green technology start-up i2Cool, which has introduced its cooling systems to the United Arab Emirates, securing a deal to apply its i2Coating to the Dubai Mall's rooftop. This helped the shopping mall achieve a 20% reduction in air-conditioning energy consumption. During last week's mission to Indonesia and Malaysia, i2Cool signed memoranda of understanding (MOUs) with local partners. Meanwhile, a Hong Kong firm is investing in a data centre in the Indonesian capital Jakarta, leveraging opportunities in digital infrastructure to contribute to the development of the Digital Silk Road in promoting connectivity. The Tier III hyperscale facility is capable of handling a huge amount of data safely and securely, with an initial 20MW IT load. Equipped with advanced security measures and round-the-clock monitoring and support, the data centre can promptly identify and resolve any potential problems, minimising downtime and optimising business productivity. The HKSAR Government and its Belt and Road Office helped to make the business connections with local partners through networking events. The project highlights Hong Kong's role as a "super connector" and "super value-adder" in influential deal-making. Professional services thrive in Hong Kong, thanks to the city's robust legal system and the rule of law. Hong Kong is the only common law jurisdiction within China, which means that the legal regime in the business realm resembles that of many major global financial centres. As such, the newly established International Organization for Mediation (IOMed) will have its headquarters in Hong Kong. IOMed will become the world's first intergovernmental international legal organisation dedicated to resolving international disputes through mediation. It will provide a pathway for countries along the B&RI and beyond - regardless of culture, language and legal system - to resolve international disputes based on mutual respect and understanding. Meanwhile, Hong Kong is gearing up to host the 10 th edition of the Belt and Road Summit in September (10-11 September, 2025). The Summit gathers senior government officials and business leaders from countries and regions along and beyond the Belt and Road to exchange insights on multilateral co-operation and explore concrete business opportunities. Last year's summit welcomed more than 6,000 attendees from around the world, including over 90 high-profile speakers. The event also arranged over 800 one-to-one business matching meetings and featured over 110 exhibitors, creating business opportunities throughout the Belt and Road regions. Hashtag: #hongkong #brandhongkong #asiasworldcity #beltandroad #B&R The issuer is solely responsible for the content of this announcement. Information Services Department, Hong Kong SAR Government
Arabian Post
2 days ago
- Arabian Post
Hong Kong: Bridging Business Opportunities under the Belt and Road Initiative
HONG KONG SAR – Media OutReach Newswire – 30 June 2025 – As a global trade and financial centre and a key link in the Belt and Road Initiative (B&RI), Hong Kong plays a pivotal role in connecting the Belt and Road regions, spanning some 150 countries around the world. Hong Kong's external trade with Belt and Road economies other than Mainland China has surged by almost 78 per cent (3.2 times the growth rate of Hong Kong's trade with all economies) between 2013 and 2024. Tapping into this huge potential is a strong focus of the Hong Kong Special Administrative Region (HKSAR) Government, including arranging outbound business missions to Belt and Road countries/regions as well as inviting global policymakers, business leaders, investors and academics to attend the annual flagship Belt and Road Summit in the city. The HKSAR's Chief Executive John Lee has so far led high-level delegation visits to four of the six Gulf Cooperation Council countries, most recently Kuwait and Qatar, as well as six of the 10 Member States of ASEAN, which is Hong Kong's second largest trading partner. ADVERTISEMENT And, just last week, the Belt and Road Office (BRO) under the Commerce and Economic Development Bureau of the HKSAR Government led an infrastructure and construction mission to Indonesia and Malaysia (22-26 June 2025). The Commissioner for Belt and Road, Mr Nicholas Ho, led a delegation to visit Indonesia and Malaysia last week. These visits strengthen government-to-government relations, connect project owners with investors, and promote Hong Kong's unique advantages under 'one country, two systems', including the city's common law system and free flows of capital and talent. They also foster partnership opportunities by highlighting Hong Kong's professional services expertise in areas ranging from engineering, architecture and surveying to design, legal and financial services. One such company is Hong Kong green technology start-up i2Cool, which has introduced its cooling systems to the United Arab Emirates, securing a deal to apply its i2Coating to the Dubai Mall's rooftop. This helped the shopping mall achieve a 20% reduction in air-conditioning energy consumption. During last week's mission to Indonesia and Malaysia, i2Cool signed memoranda of understanding (MOUs) with local partners. Meanwhile, a Hong Kong firm is investing in a data centre in the Indonesian capital Jakarta, leveraging opportunities in digital infrastructure to contribute to the development of the Digital Silk Road in promoting connectivity. The Tier III hyperscale facility is capable of handling a huge amount of data safely and securely, with an initial 20MW IT load. Equipped with advanced security measures and round-the-clock monitoring and support, the data centre can promptly identify and resolve any potential problems, minimising downtime and optimising business productivity. The HKSAR Government and its Belt and Road Office helped to make the business connections with local partners through networking events. The project highlights Hong Kong's role as a 'super connector' and 'super value-adder' in influential deal-making. Professional services thrive in Hong Kong, thanks to the city's robust legal system and the rule of law. Hong Kong is the only common law jurisdiction within China, which means that the legal regime in the business realm resembles that of many major global financial centres. ADVERTISEMENT As such, the newly established International Organization for Mediation (IOMed) will have its headquarters in Hong Kong. IOMed will become the world's first intergovernmental international legal organisation dedicated to resolving international disputes through mediation. It will provide a pathway for countries along the B&RI and beyond – regardless of culture, language and legal system – to resolve international disputes based on mutual respect and understanding. Meanwhile, Hong Kong is gearing up to host the 10th edition of the Belt and Road Summit in September (10-11 September, 2025). The Summit gathers senior government officials and business leaders from countries and regions along and beyond the Belt and Road to exchange insights on multilateral co-operation and explore concrete business opportunities. Thousands of policymakers, business leaders, investors and academics attend the annual Belt and Road Summit. Last year's summit welcomed more than 6,000 attendees from around the world, including over 90 high-profile speakers. The event also arranged over 800 one-to-one business matching meetings and featured over 110 exhibitors, creating business opportunities throughout the Belt and Road regions. Hashtag: #hongkong #brandhongkong #asiasworldcity #beltandroad #B&R The issuer is solely responsible for the content of this announcement.
