HK businesses aggressive in exporting to the Mainland
(Xinhua)
Updated: 2006-05-29 06:14
Hong Kong's mid-sized businesses are more aggressive in exporting goods to
the Mainland and India in comparison with their counterparts in 29 countries and
regions in the world, a survey shows.
The survey released Sunday shows that 41 percent of Hong Kong's mid-sized
businesses currently export or have further plans to export goods to the
Mainland.
Hong Kong evidently stands out as the top exporter in comparison with East
Asia.
Meanwhile, 9 percent of Hong Kong's mid-sized businesses have future plans to
export goods to India.
The survey, conducted by accounting firm Grant Thornton, shows that an
increasing number of Hong Kong's mid-sized businesses regard a lack of knowledge
about markets as a barrier and some consider political and social stability as
well as regulations in other countries as barriers.
"It is no surprise that Hong Kong tops the world in exporting goods to the
Chinese mainland, and Hong Kong mid-sized businesses are particularly keen to
develop other new export markets such as India," commented Gary James, partner
of Grant Thornton in Hong Kong.
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