Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Economy

HOME > Economy


China's Sichuan, Hong Kong to jointly expand logistics market

November 9, 2018


Abstract : Transport and Housing Bureau of Hong Kong and Southwest China's Sichuan province signed a framework agreement to deepen logistics channel construction and improve logistics business development between Hong Kong and Sichuan on Wednesday.

20180718144754_4826

BEIJING, Nov. 9 (Xinhua) -- Transport and Housing Bureau of Hong Kong and Southwest China's Sichuan province on Wednesday signed a framework agreement to promote logistics channel construction and improve logistics business development between Hong Kong and Sichuan.

Hong Kong is a regional logistics hub which can provide Sichuan with more transshipment services and bring goods to the international market. Hong Kong manufacturers can expand their production lines to Sichuan and use Sichuan's logistics channel to explore the markets in the countries along Belt and Road routes, said Carrie Lam Cheng Yuet-ngor, chief executive of China's Hong Kong Special Administrative Region.

Sichuan will cooperate with Hong Kong in transportation infrastructure, logistics park construction and professional services, and learn from Hong Kong's experience as an international shipping center and logistics center to develop its logistics industry, said Peng Qinghua, Secretary of the CPC Sichuan Provincial Committee.

Hong Kong has always been an important trade partner of Sichuan and the fourth largest export destination of Sichuan. In 2017, total value of goods exported from Sichuan to Hong Kong reached 19 billion yuan.

(Edited by Bao Nuomin, baonuomin@xinhua.org)


Related Coverage

Focus

Think Tank

  • How China can become a major importer

    November 16, 2018

    To actively play the role of a "major importer" in the future is not simply ...

  • Raising China's imports requires targeted long-term ...

    November 15, 2018

    It is a long-term process for China to expand imports, and policymakers need...

  • Deepening reform and opening-up will help achieve ec...

    November 14, 2018

    Despite severe and complicated external and internal situations, China's eco...

  • Contours of a new international economic order

    November 13, 2018

    CIIE presents China as the world's most promising market for imports of good...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial