HK economy looking forward to better future

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C. C. Tung, chairman Oriental Overseas Int'l, LTD, said, "The demand is really growing fast. For the shipping industry in Hong Kong, We never imagined we could have such rapid development, and it's just because of China.

After China joined the World Trade Organization, foreign trade has continued to expand dramatically. That has given great impetus to Hong Kong's shipping industry and helped the city retain its position

as an international trade hub.

In 2006, exports from the Mainland shipped via Hong Kong accounted for more than 60 percent of Hong Kong's total carrying trade. Hong Kong is now the 9th largest trading power in the world, well up from

18th ten years ago. With exports growing fast in the Mainland, prospects for Hong Kong's shipping industry are looking better than ever.

Editor:Du Xiaodan