The Belt and Road Initiative is a national strategy of the Central Government to increase trade and connectivity along the historical land and maritime Silk Road routes. Hong Kong certainly has an important role to play in the Initiative. This was underlined in December 2017 when the SAR Government signed an arrangement with the National Development and Reform Commission to enhance Hong Kong's participation in the Belt and Road in areas including finance and investment, infrastructure, maritime services and dispute resolution.
As a matter of fact, Hong Kong has established itself as a prime platform to enable businesses to access the opportunities arising from the Belt and Road, and as a connector between the Mainland and overseas economies.
To help members learn more about developing their businesses under the Belt and Road Initiative, the Chamber is delighted to have invited Li Zhonghan, General Manager of Overseas Business/International Cooperation Department at China Merchants Group (CMG), to speak at a roundtable on 28 March.
In recent years, CMG has made efforts to develop international cooperation as part of the Belt and Road Initiative, such that it currently has a presence across six continents. CMG has three key strategies in exploring the "Belt" and "Road" aspects of the Initiative:
1) Promote the network of maritime ports;
2) Construct a logistics route on land; and
3) Through its maritime ports network, invest in overseas economic parks and zones, and promote "port, zone, city" development.
In this talk, Li will share CMG's experience in overseas investment to help members prepare their own overseas strategies.