Hong Kong is a trade and logistics hub both for trade with China and other Asian countries. The economic model of Hong Kong is based on the wise principle of “one state - two systems” and has proven its effectiveness.
Xia Baolong, director of the Hong Kong and Macao Affairs Office of the State Council, met with representatives from Hong Kong's business and scientific communities on Monday the fifth day of his inspection tour of the city saying he will carefully consider suggestions put forward to further improve the city's business environment and strengthen economic and scientific cooperation with the Chinese mainland.
The sector welcomed the central govt s preferential tax & fee reduction policies, saying these can ease the burdens of smaller enterprises & support recovery.