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Peter Woo Chairman Hong Kong Trade Development Council

A Tale of Three Cities – The Hong Kong Plus PRD Powerhouse. Peter Woo Chairman Hong Kong Trade Development Council. GDP will reach US$2,340 billion by 2010 19% of population classified as middle-class = 250 million people Will increase to 25% by 2010 Spent US$2 billion on luxury

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Peter Woo Chairman Hong Kong Trade Development Council

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  1. A Tale of Three Cities –The Hong Kong Plus PRD Powerhouse Peter WooChairmanHong Kong Trade Development Council

  2. GDP will reach US$2,340 billion by 2010 19% of population classified as middle-class = 250 million people Will increase to 25% by 2010 Spent US$2 billion on luxury items in 2004 Projected to consume 29% of the world’s luxury items by 2015 The China Appeal

  3. Beijing and Bohai Area Shanghai and Yangtze River Delta Greater Pearl River Delta Diverse Markets BEIJING SHANGHAI HONG KONG

  4. Small region Massive impact Greater Pearl River Delta

  5. Greater Pearl River Delta Nine municipalities 0.4% of China's land mass Population of 45 million Concentration of manufacturing 34% of China’s exports Rich consumer markets 33% of China’s imports

  6. Hong Kong + Shenzhen + Dongguan = The HK plus PRD Powerhouse = The best entry point to China's markets A Tale of Three Cities

  7. Shenzhen New "Silicon Valley“ for IT and R&D 50% of industrial output from high tech 20% of China's high tech exports 24,000 Hong Kong-backed ventures A Tale of Three Cities

  8. Dongguan 20,000 HK owned factories Variety of manufacturing clusters Competitive production, good quality Steady source of efficient labour A Tale of Three Cities

  9. PRD Powerhouse - Average real GDP growth 2000 - 2004 A Tale of Three Cities Shenzhen 15.8% Dongguang 18.7% Shanghai 11.5%

  10. PRD Powerhouse - GDP per capita 2004 (US$) A Tale of Three Cities Shenzhen 7,160 Dongguang 8,698 Shanghai 6,682

  11. PRD Powerhouse - Export Strength (US$ billion 2004) A Tale of Three Cities Shenzhen 77.8 Dongguang 35.2 Shanghai 73.5

  12. PRD Powerhouse - High-tech Exports (% of China’s exports 2004) A Tale of Three Cities Guangdong Province 40.1 Shenzhen 21.2 Shanghai 17.5

  13. A Tale of Three Cities

  14. Unrivalled platform for China business International centre for: Finance Trade and business services Transportation and logistics Ideal base for regional headquarters to manage operations (3,800 RHQs + ROs) Hong Kong Advantages

  15. Made in China - by Hong Kong Designed, financed, marketed, and distributed by Hong Kong Hong Kong Advantages

  16. At the heart of Asia Three-hour flight to key mainland cities HK airport connects with 150 world cities + 45 cities in mainland 5 hours 3 hours 1 hour Hong Kong Advantages Location, location, location

  17. Hong Kong's China business advantage: Knowledge of China and experience Market access and connection Risk management Hong Kong Advantages

  18. Ease of doing business World's freest economy Strong legal system Level playing field Familiar business environment Strong UK business community (115 UK Regional HQs) Hong Kong Advantages

  19. HK - Getting ever stronger Key developments: Strong economic growth RMB business Improved infrastructure connection with mainland More mainland tourists CEPA III Hong Kong Advantages

  20. CEPA - what is it? Closer Economic Partnership Arrangement Free trade agreement with mainland Easier / faster access to China markets Zero tariff on HK-made goods Allows HK service providers to operate CEPA

  21. CEPA: impact on service sector First mover advantage Covers 26 service areas Lowering of entry requirements CEPA

  22. How foreign firms can take advantage In goods Manufacture in Hong Kong In services Partner with HK companies Invest in or buy a CEPA-qualified HK company CEPA

  23. Encourages mainland enterprises to: Connect with international markets Manage and finance business deals Raise capital - US$100 billion already Hong Kong is the natural platform ! China's "going out" policy

  24. The rise of mainland private enterprises: 4 million private enterprises Majority are SMEs Half of them want to "go out" China’s MPEs

  25. Don't miss it! Hong Kong plus the PRD is your entry point China opportunity PRD Hong Kong

  26. How can we help you: 1) Providing information By market and sector Face-to-face London + 11 China offices Online - tdctrade.com HK Trade Development Council

  27. How can we help you: 2) Matching business partners Face-to-face - London office Online – sourcing.tdctrade.com HK Trade Development Council

  28. How can we help you: 3) Connecting clients Sourcing and selling at trade fairs 28 leading trade fairs in Hong Kong Online – “virtual trade fairs” at tdctrade.com HK Trade Development Council

  29. Contact us! London Office Tel 44-(20)-7616-9500 Fax 44-(20)-7616-9510 Email: london.office@tdc.org.hk

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