Navigating Hong Kong’s Trade Digitalization: Three Essential KPIs

Beyond simply establishing a Trade Single Window, he emphasizes the crucial need for transforming trade models, focusing on paperless trade, e-commerce, and digitalizing services trade. While the Trade Single Window is being implemented, Tang urges faster digitalization across other trade-related departments. He acknowledges the potential of Hong Kong's e-commerce market but points out the need for improved facilities and skilled talent. Finally, Tang stresses that overcoming challenges like incomplete paperless trade and cross-border data flow restrictions, engaging in digital trade agreements, and supporting the services sector's overseas expansion are vital for Hong Kong to fully capitalize on its strengths in the digital trade era.

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