Service Industries- Highlight
18 July 2018
Under the Bay Area initiative, Guangdong, Hong Kong and Macau are making great efforts to enhance transport links between the three regions. Logistics businesses should take note of the developments regarding facilitation measures likely to be introduced for customs clearance and quarantine of goods, while considering co-operation with other players to tap the growing cold chain logistics and cross-border e-commerce opportunities.
Georgia, with its strategic location at the crossroads between China and Europe, is becoming a promising trading partner for Hong Kong as the free trade agreement between the two will enter into force by the end of 2018. Thanks to its open and business-friendly environment, as well as a vision to transform into a regional logistic and industrial hub, Georgia offers Hong Kong businesses great promise for trade and investment.
While e-commerce is still seen as in its infancy by many, the sector is on the verge of a wholescale revamp as AI, IoT and a range of customer relationship management tools are to be deployed to make it match-fit in the multi-channel world.