Hong Kong Chief Executive John Lee unveiled the 2024 Policy Address, introducing major initiatives to elevate the city's maritime and port industries. Key highlights include:
Establishing the Hong Kong Maritime and Port Development Board to boost high-value maritime services and positioning Hong Kong as a global green shipping hub.
Accelerating smart port development with advanced cargo tracking, real-time transport information, and data analytics to enhance efficiency.
Promoting high-value maritime services, such as ship leasing, marine insurance, and legal services, backed by tax incentives to attract global players.
Creating an ecosystem for commodity trading to solidify Hong Kong's status as a top international maritime and trade center.
Supporting the growth of maritime talent through expanded training programs in green energy and marine insurance.
These measures signal Hong Kong's unwavering commitment to sustainable growth, digital innovation, and maintaining its edge in global shipping, trade, and logistics.
by Xinde Marine News Chen Yang
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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