According to Hong Kong trade promoters, several key infrastructure projects including a high-speed rail and a cross-sea bridge will help Hong Kong get a better connection with the mainland market.
The Guangzhou-Shenzhen-Hong Kong Express Rail Link, expected to be open for traffic next year, will cut the travel time from Hong Kong to Guangzhou from two hours to only 48 minutes, with trains setting off from Hong Kong every 15 minutes, Ralph Chow, Hong Kong Trade Development Council's regional director for Americas, told Xinhua in a recent interview.
Referring to another project under construction -- the Hong Kong-Zhuhai-Macao bridge, Chow said: "We can drive over to Macau and also to the western part of the Pearl River Delta."
The project spans the Pearl River Delta and is part of China's plan to develop the Guangdong-Hong Kong-Macao Greater Bay Area.
"I think that will help Hong Kong get a better connection with the surrounding cities in the region, help Hong Kong maintain its status as the gateway to the mainland market...more importantly, a lot of the overseas companies can also get access to the Chinese market more conveniently through the Hong Kong platform," he said.
Currently, nearly 60 percent of Chinese outbound investment goes through Hong Kong which serves as a very useful and effective conduit for the two-way business between China and the rest of the world.
On one hand, Hong Kong has a lot of professional services that can help companies invest or get involved in the projects of the Belt and Road Initiative, he said.
On the other hand, Hong Kong is a global financial center, and a lot of projects planned as part of the Belt and Road infrastructure network would need financing, and Hong Kong will be able to help, said Chow. (Source: China Daily)
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