Past Events
Central Europe's Economic Dynamos
The Europe Committee hosted speakers from the Czech Republic, Hungary and Poland on 30 September. Among the topics discussed at the seminar were the growth of manufacturing industries in Europe, the business potential the three countries could generate for Hong Kong, and the challenges their respective economies face.
Anna Dupalová, Head of Economic and Commercial Section, Consulate General of the Czech Republic, explained that the Czech Republic is the second-most industrialized country in the European Union, with more than half of its industrial products lined up for export. She also noted that the country is a pioneer in plastic recycling in Europe and places a strong emphasis on renewable energy sources including biomass, wind and photovoltaics.
Krisztina Dóra Koletár, Trade Commissioner, Consulate General of Hungary, said the country is an open and growing economy, with GDP growth of 7.1% in 2021. This year, Hungary’s economy grew by 8.2% in Q1 and 6.5% in Q2 respectively. She added that the country has a strong automotive ecosystem and is poised to become a "superpower" in the production of EV batteries.
Blanka Gołębiowska, Consul and Trade Commissioner, Consulate General of the Republic of Poland, pointed out that Poland has reported among the lowest decline in project numbers since the start of the pandemic. She noted that the country -- which serves as the centre point of the main European transport corridors -- counts processed meat products and pork casings among its main exports to Hong Kong.
2022/09/30
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