Adopt New Strategies, Hong Kong Exporters Told

You can't request more than 20 challenges without solving them. Your previous challenges were flushed.

Adopt New Strategies, Hong Kong Exporters Told

by CFO Innovation Asia Staff, 30 December 2010

topics:
Management

tags:
exports

Thumbnail:

Hong Kong exporters are being told to think of new markets and products to maintain their share of traditional consumers in Europe and the U.S. while increasing their marketbase in emerging markets, reports the South China Morning Post.

Hong Kong's Trade Development Council tells exporters that the majority of Western consumers now demand for basic and discounted items, and favour classic, rather than fashionable luxury watches and jewellery.

"Hong Kong exporters cannot hope to compete with China on prices, but we have our strength in producing quality and sophisticated goods," Daniel Poon Wing-choi, the council's assistant chief economist, told the Post.

The council also advised exporters to diversify into emerging markets such as Russia, Brazil and Chile, which are expected to see retail sales growth of between 10% and 20% this year.

MORE ARTICLES ON EXPORTS

Original Article URL:

Find new markets, products, exporters told

Orignal Author:

CFO Innovation Asia Staff

Quote Image:

Original Article URL:

Find new markets, products, exporters told

Comment on this article

Your name: *

E-mail: *

The content of this field is kept private and will not be shown publicly.

Homepage:

Comment: *

Web page addresses and e-mail addresses turn into links automatically.
Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <a> <p> <span> <div> <h1> <h2> <h3> <h4> <h5> <h6> <img> <img /> <map> <area> <hr> <br> <br /> <ul> <ol> <li> <dl> <dt> <dd> <table> <tr> <td> <em> <b> <u> <i> <strong> <font> <del> <ins> <sub> <sup> <quote> <blockquote> <pre> <address> <code> <cite> <embed> <object> <strike> <caption>
Lines and paragraphs break automatically.
Use  to create page breaks.

More information about formatting options

Verification Code

This question is for testing whether you are a human visitor and to prevent automated spam submissions.

What is the second word in the phrase "xiveg adapud eha ahap fomu"?: *

Accounting and Regulations

CFO innovation Asia Accounting and Regulation the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Accounting Regulation, IFRS, US GAAP, Tax, investor relations, corporate governance, Corporate Law, Financial Regulators, Internal Audit, Audit, Corporate Law.

Auditing, Investor Relations, Law and Compliance, Tax

Finance and Banking

CFO innovation Asia, Finance and Banking the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Corporate Finance, trade finance, treasury and risk management, capital expenditure, Banking, mergers and acquisitions

Cash and Liquidity Management, Corporate Finance, Insurance, Treasury Management

Management

CFO innovation Asia the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Management, Corporate Governance, Human Resource Management, Compensation and Benefits, Mergers and Acquisitions, Professional Development, Corporate Real Estate, Risk Management, Budgeting and Forecasting, Business Process Management, Business Process Reengineering, Outsourcing.

Budgeting and Planning, Business Expense Management, Human Capital Management, Outsourcing and Shared Services, Risk Management

Metrics

Corporates, Financial Services

Technology

CFO innovation Asia Technology the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Systems, Business Intelligence, EPR, Accounting software, CRM, Cloud Computing, Telecommunications, Business Process Outsourcing, Business Process Management Software.

Business Intelligence, Enterprise Software and Systems, Financial Systems, Security

CFO innovation ASIA