The resumption of Hong Kong airport capacity is a boon to the Belt and Road Initiative

2023-11-29


summarize: In addition to the thematic forums, the Asia Logistics, Shipping and Air Transport Conference 2023 will also host business contacts, so that various industries can cooperate and win. There are also workshops to help relevant companies better cope with future challenges.

Hong Kong International Airport (HKIA) is rapidly recovering its capacity, which is expected to reach 80% of pre-epidemic capacity this year and will be fully restored next year. During the visit to the exhibition, learn about the electric power trolley. Government Information Service

As a key event of the Hong Kong Maritime Week 2023, the "Asia Logistics Shipping and Air Freight Conference 2023" was held in Hong Kong yesterday with the theme "The New Landscape of Future Supply Chains: Diversity. Reduce carbon. Go digital ".

Speaking at the meeting, Financial Secretary Paul Chan said Hong Kong has come out of the shadow of the epidemic and the economy is also recovering, with the economy expected to grow by 3.2% this year. He also said that Hong Kong International Airport (HKIA) capacity is rapidly recovering and is expected to reach 80% of pre-epidemic capacity by the end of this year, and will be fully restored next year.

"Traditional markets such as Europe and the US are still important, but the need for diversification will drive the search for new markets and new sources of supply." This means that ASEAN, the Middle East and even the countries and regions along the "Belt and Road" will increase the business volume, which will drive the demand for logistics, maritime and air services in these regions, and Hong Kong will continue to play a "super contact" role as a platform to provide high value-added logistics, maritime, aviation, financial and risk management services.

We urge all parties to reduce trade barriers to strengthen cooperation

Mr Chan also shared his impressions on attending the Asia-Pacific Economic Cooperation (APEC) Finance Ministers' Meeting in San Francisco, the United States, and the 30th OECD Economic Leaders' Meeting on behalf of the Chief Executive. He said that in the face of a complex and fast-changing economic and geopolitical environment, global economic growth next year will be slower than this year and will be on a downward trend. In addition, due to the impact of the epidemic, most economies have deficits, making the economic and financial system vulnerable, and governments are expected to continue to have a high interest rate environment, and are eager to rebuild the economy and enhance the resilience of the economy to cushion future shocks.

With climate change becoming a serious problem, Chen pointed out that all regions are promoting green transformation, as well as developing innovation and digital economy. In addition, the rise of protectionism caused by international trade, supply chain disruption is worrying, he believes that the SAR government firmly supports free trade and multilateralism, advocates the reduction of trade barriers, and strengthen connectivity and cooperation with economies around the world.

Fang Shunwen: Geography affects the global supply chain

TDC President Fang Shunwen said that the global supply chain has been affected by geopolitics and economic weakness, and this year needs to be more flexible to transform, including seizing green, sustainable and digital business opportunities to enhance efficiency. In her view, the gathering of logistics, shipping, air transport and supply chain management service providers and shippers from around the world highlighted Hong Kong's position as a major trading and transport hub.

According to reports, "Asia Logistics Shipping and Air Transport Conference 2023" brings together representatives of nearly 70 international organizations to participate in 20 thematic forums to exchange and discuss the latest development of the industry, and is expected to attract more than 2,000 attendees. Fang further pointed out that the meeting will also focus on regional connectivity, such as the Greater Bay Area, the Regional Comprehensive Economic Partnership (RCEP) and the construction of rail links between China and Western Europe, and other opportunities.

In addition to the thematic forums, the Asia Logistics, Shipping and Air Transport Conference 2023 will also host business contacts, so that various industries can cooperate and win. There are also workshops to help relevant companies better cope with future challenges.


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