HK and Shenzhen urged to co-operate
Hong Kong and Shenzhen have been urged to set aside individual ambitions and create a single, integrated trade transport hub to serve the south China region.
Tung Chee-chen, chairman of Orient Overseas International and brother of Chief Executive Tung Chee-hwa, said the integration of Hong Kong and Shenzhen into a single logistics hub would create a powerful 'economic entity of 14 million people' serving a market of 450 million consumers. But he said the goal could only be realised if regulatory and infrastructural limitations on both sides of the border were eliminated.
'Hong Kong's intermodal capabilities are inextricably linked to Shenzhen and we must all therefore work together to create a single hub,' Mr Tung told delegates at the inaugural Logistics Hong Kong conference yesterday.