Fostering Ties with Australia
Shannon Powell, Senior Trade & Investment Commissioner and Deputy Consul General of Australia in Hong Kong, accompanied by Investment Manager Catherine Dai, paid a courtesy visit to the Chamber on 29 July. They met with Chamber CEO George Leung and PR & Programs Director Malcolm Ainsworth, and discussed ways to collaborate with the Chamber and foster bilateral relations.
Powell explained that Australia was Hong Kong’s seventh largest trade partner in services, and said that there were opportunities in digital technology, biotech, tourism, renewable energy, circular economy and advanced manufacturing. She added that green technology and biotech were the two areas likely to be most relevant to Hong Kong investors, and said that the Consulate was already working with some Hong Kong companies to help them enter the Australian market.
The two sides also discussed Hong Kong’s role as a regional and international logistics centre, as well as the impact of the pandemic on the logistics sector and trade fairs. They agreed to organize information sessions and meetings to help members learn more about the business opportunities in Australia, as well as the different laws, regulations and tax regimes across provinces.
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