HK Firms Urged to Extend Distribution Networks to China

Hong Kong firms are being urged to shift their focus away from exporting products manufactured on the mainland to overseas countries and towards extending their distribution networks in China, reports the South China Morning Post.

 

"Many Hong Kong firms have rich experience in wholesaling and distribution of products in the United States and Europe," Victor Fung Kwok-king, chairman of the Greater Pearl River Delta Business Council, told the Post. "Given the cultural affinity between Hong Kong and the mainland, Hong Kong companies stand a good chance in extending their wholesaling and distribution networks to the mainland."

 

According to the Post, the council recommends that a joint customs information database be set up to facilitate the flow of people and goods between Hong Kong and Guangdong.

 

 

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