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HK can benefit by promoting Belt and Road

By Guan Hongling | China Daily | Updated: 2017-06-29 07:24

Hong Kong remains a global financial and commercial center 20 years after its reunification with the motherland. To strengthen its role as an intermediary agent between the Chinese mainland and the rest of the world, it should actively participate in the Belt and Road Initiative.

Hong Kong suffered the consequences of the 1997-98 Asian financial crisis, the 2003 SARS outbreak and the 2008 US subprime crisis, which caused a sharp decline in its economic prospects. But thanks to the "one country, two systems" policy, the Hong Kong Special Administrative Region still boasts an excellent business environment.

In these years Hong Kong's average growth rate is 3.1 percent, which is higher than the developing countries' average growth rate of 2 percent.

HK can benefit by promoting Belt and Road

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