Hong Kong is buzzing once again! 🇭🇰 German business leader Johannes Hack is all smiles about the city's economic comeback. In a candid chat with CGTN, the president of the German Chamber of Commerce in Hong Kong shared his excitement about the future. 😊
Beyond Finance: Exploring New Horizons 🌐
Hack believes that Hong Kong's strength isn't just in finance. \"There's so much more to this city!\" he exclaimed. From sourcing goods from the Chinese mainland and other parts of Asia to booming logistics and service industries, German businesses are making the most of Hong Kong's trading hub status. 🚢✈️
One Country, Two Systems – A Winning Formula 🏆
What's the secret sauce? According to Hack, it's Hong Kong's unique position as a Special Administrative Region under the \"One Country, Two Systems\" principle. This gives businesses the best of both worlds—access to the massive Chinese market with a familiar legal system and English proficiency. Plus, who doesn't love lower taxes? 💼💰
Green and Compliant: The Way Forward 🌳
With an eye on the future, German companies are focusing on sustainable practices and meeting European and German standards. Hack highlighted collaborations with local universities and the Science Park, saying, \"Innovation is in the air here!\" 🌱🔬
Embracing the Hong Kong Vibes 🎉
Having called Hong Kong home for six years, Hack can't get enough of the city's vibrant life. \"The food is amazing, the people are friendly, and there's always something to do!\" he shared. From hiking in the mountains 🥾 to soaking up the cultural scene 🎭, it's clear why he's so optimistic.
Bouncing Back Stronger 💪
After some tough times during the pandemic, Hong Kong is making a comeback. The HKSAR government rolled out new measures in February to kickstart the economy, offering support for e-commerce projects, tax savings, and more. It's full steam ahead! 🚀
With leaders like Hack cheering them on, Hong Kong's future looks brighter than ever. Keep an eye on this space! 👀✨
Reference(s):
German business chief optimistic about economic recovery in Hong Kong
cgtn.com
