| Helping
UK companies
Hong Kong has always been an important trading partner for
UK companies, not only in its own right but also as a gateway
to the Chinese mainland.
China is currently the world's fastest-growing major economy,
with exports and imports grew by over 25% and 20% respectively in 2007.
As trade barriers come down, this opens more exciting opportunities
for UK companies.
Long a major exporter of cost-competitive, quality products,
China is now also a major importer. A growing middle class,
with strengthening buying power, coupled with fast-modernising
Chinese companies, is creating a strong market for international
partners and suppliers.
But China, with its unparalleled size and unfamiliar business
culture, is not without its challenges. In particular, SMEs,
with little time or appetite for risk, are often deterred
from exploring this market.
Approaching the market through Hong Kong can mitigate many
of these risks. Hong Kong companies have a long history of
international business, coupled with a quarter of a century's
experience and networks in the Chinese mainland. Partnership
is a popular business model for many UK companies that are
already doing business in this region.
The Hong Kong-UK Partnership, using the resources and experience
of UK Trade & Investment and HKTDC, can help your company
find the best business partner for success.
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