Nation

Hong Kong and Hunan Forge Stronger Economic Ties: A New Era of Cooperation!

2025-05-13

Author: Yan

Strengthening Bonds: Hong Kong Meets Hunan

In a pivotal meeting on May 13, Hong Kong's Acting Chief Executive, Mr. Chan Kwok-ki, welcomed the Governor of Hunan Province, Mr. Mao Weiming, to discuss enhancing economic partnerships and cultural exchanges between the two regions. This collaboration aims to unlock exciting trade and investment opportunities that could reshape their economic landscapes.

Navigating New Opportunities Together

During the meeting, Mr. Chan highlighted the close economic ties between Hong Kong and Hunan, noting that Hong Kong is a vital source of investment for Hunan, with 208 new foreign enterprises established in the province last year. The total trade value between them soared to approximately RMB 56.3 billion. Mr. Chan emphasized that Hong Kong's unique position—benefiting from the support of the Chinese mainland while maintaining global connections—positions it as a "super connector" to help Hunan tap into international markets.

A Dynamic Collaboration in the Low-Altitude Economy

Mr. Chan revealed plans for enhancing cooperation in the low-altitude economy, an emerging sector in which Hunan is a frontrunner. Hong Kong has launched a dedicated working group to devise strategies for this burgeoning field, an area ripe for mutual growth.

Bridging Cultures Through Travel and Exchange

With the new Express Rail Link slashing travel time between Hong Kong and Changsha to under three hours, the cultural exchange is set to flourish. Mr. Chan encouraged more Hunan residents to explore the vibrant life in Hong Kong, famous for its rich history and vibrant events, fostering deeper cultural ties.

A Bright Future of Cooperation

Looking ahead, the collaboration will focus on trade, culture, tourism, and youth exchanges. As both regions embrace their strengths, Hong Kong and Hunan aim to contribute significantly to the nation's overall development and prosperity.

Navigating Food Safety Challenges

In a separate but important update, the Centre for Food Safety in Hong Kong announced concerns over an aquatic product imported from Japan that might have violated the Food Safety Order. Inspections identified 30 cartons of dried fish from the Niigata Prefecture, breaching regulations set in place to protect consumer safety. The CFS is actively investigating, ensuring that imported goods comply with strict safety standards.