This Annual Plan is the third and final plan in HKTDC’s current three-year planning cycle.
Three medium-term objectives were set to guide our work up to 2019/20.
These are to:
(i) |
Help Hong Kong companies capture opportunities amid uncertain export environment; |
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(ii) |
Position Hong Kong as the commercial platform for Belt and Road to reinforce our central role as a two-way investment and business hub of Asia; and |
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(iii) |
Equip start-ups and a new generation of Hong Kong businesses to become future ready.
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While export markets have been recovering, we are seeing increasing uncertainty in the global economic environment caused by the Sino-US trade war. A clear priority for HKTDC in the coming year is to help Hong Kong companies identify new export and sourcing markets, new sectors with clear growth potential, and new formats to access markets.
The Belt and Road Initiative and Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) Development create enormous business opportunities for both merchandise and service providers locally and worldwide. In 2019/20, we will highlight Hong Kong’s deep capital pool, extensive mainland and international network and world class services in promoting Hong Kong as a two-way platform for mainland and overseas companies to take advantage of the related investment and trading opportunities. We will also position Hong Kong as the ideal location for regional set-ups to pursue such opportunities.
To promote Hong Kong as the premier commercial hub for Belt and Road, we will launch a new “Belt and Road Week”, incorporating more cultural and networking elements to complement the business-focused Belt and Road Summit and Global Forum roundtable meeting. We will also enhance the Belt and Road Portal by enriching the investment project and Hong Kong service providers databases to better connect project owners with potential investors and service providers.
To capture new business opportunities arising from the Greater Bay Area development, we will stress Hong Kong’s role in advancing and facilitating the Greater Bay Area’s integration with the global market. We will incorporate a Greater Bay Area element in our international flagship promotions - Think Asia, Think Hong Kong and In Style•Hong Kong, highlighting not only Hong Kong’s role but also the huge potential of the Greater Bay Area as a consumer market and opportunities in the technology area. Locally, we will feature opportunities in the Greater Bay Area at anchor conferences and organise a series of missions to the mainland Greater Bay Area cities to help Hong Kong companies and service providers fully explore the many opportunities in the region.
The digital era brings with it challenges and opportunities. We will continue to adopt the mobile-first policy for all our customer interface to ensure our core services could be accessed anytime and anywhere. We will also devote more efforts to support SMEs transition into the e-commerce and online-to-offline environment.
To maintain Hong Kong’s competitiveness in the global market, HKTDC will further enhance our work to support and promote start-ups and nurture a new generation of entrepreneurs. We will continue to work closely with the government and our partners locally and overseas to help our SMEs navigate the uncertain waters of 2019.