Rita Lau, Hong Kong’s top secretary for commerce, brought a simple message to Vancouver Tuesday: Hong Kong wants to turn a crisis into opportunity. Mrs. Lau emphasized that there are opportunities for Canadian companies to use Hong Kong as a platform into the China market.
At a business luncheon, Mrs. Lau shared Hong Kong’s game plan to sustain its economic development and the opportunities available in the city amid the global financial crisis.
From the Vancouver Sun:
Lau tailored her comments for a Vancouver Board of Trade business lunch where, she said, many listeners were already familiar with Hong Kong as “a preferred base for international companies in Asia: Our low taxes, the rule of law, access to information.” She added insights on two areas of opportunity for B.C. companies: Wine and environmental technologies.
“The value of wine imported into Asia, excluding Japan, is expected to reach up to $1.5 billion US by 2017, with China being the biggest importer,” said Lau.
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