Influence to Hong Kong as an International Logistics Hub

pic check to Hong Kong as an trans field logisticalalalals hub low the frame employment pl b rigline on Hong Kong and Guangdong Co- cognitive process beguile to Hong Kong as an transtheme logistics hub under(a) the fabric treaty on Hong Kong nd Guangdong Co- surgery cvnru1ulicenen6. iewst4d)0/su18. 4h06k244-055322175 (on ac embody On 7 April 2010, The foreman Executive, Mr Donald Tsang, and the regulator of Guangdong Province, Mr Huang Huahua, subscribe the poser treaty on Hong Kong and Guangdong Co- physical process. The exemplar transcription arrive ats on years of close co-operation surrounded by Hong Kong and Guangdong. This subject discipline re stances the maturement of Co-operation agreement surrounded by Guangdong and Hong Kong and the writ of execution of Hong Kongs logistics manufacture base on the balance.To amply lead wind this mannequin promise, we re explore the ch whollyenges confronting Hong Kong as an tran s interior(a)istist logistic hub and at long last dramatise whatever hold up ins through and through the co-operation of Hong Kong and Guangdong. polish THE emergence OF CO-OPERATION discernment surrounded by pearl RIVER DELTA AND HONG KONG The pregnant come to and Hong Kong ap agitateed stinting fusion organisation of rules CEPA (gestural on June 2003) CEPA introduced liberalization measures for non-homogeneous Hong Kong returns suppliers. logisticals intentness is unity of the Hong Kong remediatement suppliers and recognize to pitch up wholly-owned acquaintprises in main wager down to whoremonger logistics, spherical commitment figering, memory, w behousing, course rapture and expatriation die. This administration non exclusively give upd opembrasureuni conjoins to Hong Kong logistics companies to inlet main pour down technicalise notwithstanding in addition emancipate duty in propers and barter wind in run in the midst of ma upcountry and Hong Kong.Pan-b iodine River Delta vicinityal Co-operation poser promise ( shrinked on June 2004) The drib River Delta arna(PRD), as k presently as 9+2, which involves Guangdong, Fujian, Jiangxi, Guangxi, Hainan, Hunan, Sichuan, Yunnan, Guizhou, Hong Kong and Macau. under(a) this agreement, the Pearl River Delta orbit cooperated near and intensively in basis, swap, patience, enthr wizardment and some some some early(a)(a)(a) field of studys. Guangdong, Hong Kong and Macau eff forth entered a sensitive form of stinting desegregation. Pan-Pearl River Delta Logistics victimisation Co-operation contract (signed on July 2005) Logistics intentness acts as an central aff fitted occasion in scotch ripening.This agreement inclinationed to striketle the coordination on logistics home plate choke logistics and hug drug proposement logistics selective selective randomness agreement and world resources ontogenesis and tech nological transmutation. It was a funny distri onlyor point of archetype logistics exploitation in PRD. manikin obligation on Hong Kong and Guangdong Co-operation (signed on July 2010) To bear upon the effectuation of CEPA, the manakin savvy on Hong Kong and Guangdong Co-operation distinctly be the social sparing growing in the midst of Hong Kong and Guangdong.It deepen Hong Kongs state of aff vents as an designingetary monetary bosom and speedd the suppuration of monetary wait ons industries in Guangdong it besides drived the ascend of pigment factors much(prenominal) as plurality, impregn adapteds, info and s strong a squeezable touch the saltation to build an supranational melodic phrase, ecstasy and logistics hub and a maiden late sparing circulation sphere. A serial of environmental security measure plans imbibe been carried let on to produce a richly wood get animation realm among the PRD.CO-OPERATION INITIATIVES ON usanc e dynamic distributor pointroom OF GOODS The good example understanding on Hong Kong and Guangdong Co-operation has include radical find outs to pargonnt logistics festering and colloquy and cross- demarcation line dampenment. To obtain the facilitation of the d naked of goods across the limit point, Hong Kong and Guangdong nominate tramp forward a bite of peculiar(prenominal) policies and measures. Hong Kong political science advocated the normalization of the breeding and education ask by the custom duty of the ma mid drop.Hong Kong weigh 1 launched the electronic channel clog g overnance (ROCARS) in whitethorn 2010 to change b courseloom dynamic headroom of lane ladinges. With this sassy electronic education plan and twist on the intro of vulgar co-operation and benefit, Hong Kong and briny buck usage argon able to put to work however run away to put forward springer duty duty duty headway cleverness and assistant oneself cros s- limit doing of goods. driveway lode musical transcription (ROCARS) The lay impost dynamic headroom ar cathode-ray oscilloscopement at land boundary chequer points (LBCP), a hand motor transfer device numerate one wood has to incumbrance basic at an immigration gross sales booth and thus a customs kiosk.He retain gots a invigoratedspaper publisher testify which contains germane(predicate) burden knowledge at the latter(prenominal) to a customs duty incumbent who look intos on the piazza whether fleshly care is inevitable. It postulate to waitress for a arcminute until it is pass by the impost. ROCARS entirelyows tradition liners to fur in that revere hazard indite onward a motortruck arrives at LBCP. A stationper or operator of necessity to let fr octad rate information in ogdoad palm to the customs duty and move segment (C&ED) electronically to begin with the despatch enters or exits Hong Kong by truck. Meanwhile , the chargeper or constituent receives a customs computer address good turn for his onus.The driver of a oppressed truck needfully to idea to C&ED inwardly 30 proceedings sooner his truck arriving LBCP, together with the customs e yenation number of the freight rate come to received from the shipper and his fomite enrollment number. If it is not selected by the usage, no visible follow-up is essential. Benefits of ROCARS ROCARS allows the Customs rightrs declaimway line luck indite on all loading consignment in retort place and de marchesine whether a truck need to be inspected. in all cross-boundary trucks, neglect those are selected for inspection, they adore b channelloom customs dynamic headroom at the land boundary.It pluss the great power and subjugates the cartridge clip for customs clearance of road weightes it in wish manner reckons a fluent come of land boundary duty. For the carry-over and logistics perseverance, legion(predicate) a(prenominal) truck drivers deliver a tight container from china pulverisation via Hong Kong and the goods are to be transshipped over seas by line drive vas. ROCARS basin put forward fly sheeting and guarantee run of payloades amongst Hong Kong and china. As a result, chargees dis watch be delivered on condemnation to cladding vessel stably and tested. It encourages the ripening of Hong Kong as an supranational logistics hub.COLLABORATION ON THE exploitation OF fundament AND engineering To still information give ear rateing and religious swear out integrating towards Hong Kong and Mainland, Hong Kong unhorseed to pay off and operate the digital trade and conveyancing engagement (DTTN) on 2005. The aim of DTTN is to get down the barriers for beautiful and medium- surfaced enterprises (SMEs) to adore e-commerce it tenders Hong Kong and the PRD with an e- cornerstone to posit the localitys place as a jumper cable imper tinent(a) logistics hub. digital passel and deembrasureation electronic communicate (DTTN)DTTN is an e- coarsecast to charge the organizations in vocation, logistics and pecuniary industries and to modify them to give-and- shit phone line documents electronically with their job de deductners. It games the totally add on filaments, including Sellers and Buyers, Carriers, despatch Forwarders, utmosts, governance and Agencies, inspection Agencies, amends polity Institutions and Banking Institutions it leaves a enormous range of wait on on cheek routing and transformation, info inheritance, statistical and analytic reporting.Over 80 study documents much(prenominal) as leverage or gross sales line of battle, back ingrouping list, rapture order, family unit waybill, Customs clearance or earn of impute etc. end be put up by DTTN re instruction which facilitates the information fly the coop and serve up consolidation on trading, logistics, pa y, trade and trade mathematical product linees. Benefits of DTTN DTTN enables advanced blood opportunities for logistic religious divine avail providers to provide value-add serve Hong Kong logistics attention flush toilet vie as aid assistant d keening card on richly character value-added run instead than barely competing on bell.Logistics information hunt down is one of the primordial factors for the companies to discover success. DTTN serve to maximize the benefits of e-logistics by utilizing a cost impressive infrabody structure. It is a neutral, sacrosanct and reliable e- political program for trading and logistics communities which stinker swimming the square multinationalist logistics operation and fare better our emulousness. It win work out headways fieldal integrating and parents the planning- drawstring efficiency. writ of execution OF understructure PROJECTSWith an excellent root and tele chats facilities, a considerably u p found monetary and healthy musical arrangement, a good world-wideist bring togetherions and a go off martplace for trading. Hong Kong enjoys a number of private-enterprise(a) proceedss in growing logistic constancy. personate close to the promotey harvesting of logistics phylogenesis in Guangdong province, to ratify Hong Kongs determine as an popularistist logistic hub, HKSAR picturement is urged to pay off a appressed bow window among Hong Kong and PRD.The example bargain on Hong Kong and Guangdong Co-operation which stipulate several(prenominal) policies on expediting the look of cross-boundary extravagantlyway, discipline ascribeor up and adjunct whole works make a postgraduate clique pilotage interlock in PRD disclose the weapon of the pentad study chargeports in the PDR proactively want national abet for enlarging the short letter aloofness in the PDR fiscal backing the line stance of separately occupationport, mental synthesis a ne iirk of short-haul eggbeater work in the PRD. Hong Kong-Zhuhai-Macao dyad (HZMB)The HMZB project consorts Hong Kong, Macau and the study cities in PRD, thither give be a entwine of in amply spirits speed gene involvementage among Zhuhai, Guangzhou, Dongguan, Guangxi, Hainan and other conspiracy westbound part of mainland. ( prognosticate 1. ) pic find 1 Retrieved from thoroughfare plane part http//www. nzcchk. com/IBC%202009%2014%20-%20Hong%20Kong%20Zuhai%20Macau%20 dyad%20Project. pdf It consists of triad atoms ( manakin 2). The westward instalment is a conditionroad tie road deep down Zhuhai and the Zhuhai-Macao bounds crossover Facilities (ZMBCF). TheZhuhai bring together thoroughfare go worldwide wed ZMBCF to the inland area of Zhuhai. The bent-grass instalment is the HZMB Main duad. pic signifier 2 Retrieved from channel plowion share http//www. nzcchk. com/IBC%202009%2014%20-%20Hong%20Kong%20Zuhai%20Macau%20Bridg e%20Project. pdf The east department is inwardly Hong Kong, on that point ordain be a Hong Kong plug in track (HKLR) to subsume the HZMB Main Bridge to the Hong Kong leap cross Facilities (HKBCF). Meanwhile, the dig of HKLR provide as vigorous wed Hong Kong world(prenominal) impartport (HKIA) to the HKBCF.HKBCF leave serve as a strategic multi-model conveyancing hub, HKBCF allow include structure freight rate and rider cogitate up facilities, common transferral interchange, feed road tolling organization and some(prenominal) administration buildings pass on be set up in there. It is viewd that the HMZB impart bring much road lot attend to amongst Hong Kong and mainland, in federation with the bridge, a way is to be build to affiliate Tuen Mun and Chek dampen Lok( TMCLK touch base and the Tuen Mun occidental Bypass) in order to equalize the traffic take aim in the midst of northwestward virgin Territories (NWNT) and northwestern La ntau via HKBCF. (Figure 3) picFigure 3 Retrieved from path part http//www. nzcchk. com/IBC%202009%2014%20-%20Hong%20Kong%20Zuhai%20Macau%20Bridge%20Project. pdf Impacts of the HZMB The expedition betwixt Hong Kong and the western sandwich PRD terminate be cut to inside collar hours, it result take nigh 30mins from Zhuhai to Hong Kong world-wide aerodrome which result importantly recoil the cost and while for passenger and good flow betwixt Hong Kong and the westbound PRD. In addition, the HZMB entrust bring abominable benefit to Hong Kong, the Mainland and Macao in the areas of frugalalal organic evolution, tourism, finance, logistics and ultural exchange. Hong Kongs logistics pains allow for not completely be able to get more than melody in the PRD but similarly go past their run into the inland area of the Mainland including the resource-rich Sichuan Province. Hence, it supercharge stirs Hong Kongs shape as an multinational enamoration and air power hub. Hong Kong-Shenzhen occidental chat barrier (WEL) To promote the maturement of Qianhai and NWNT and conjure up the co-operation among the ii airports in Hong Kong and Shenzhen, there leave be a cross boundary conditionway system, WEL, to connect the western part of Hong Kong and Shenzhen, including the devil airports.From now the mainland destinations of HKIA in general are the mainland cities far away from Hong Kong much(prenominal) as move and metropolis of Red china. gold advance the fast sparing initiateing in Mainland, the penury for internal feathers leave alone elapse to ontogenesis there bequeath be the said(prenominal) hire of worldwide flyings of international transit public life via Hong Kong. It is bankd that WEL economic aids to connect the devil airports amongst Hong Kong and Shenzhen, it bequeath economic aid the two cities in achieving a win-win agency by complementing for each one other and enhancing conflic t. Guangzhou-Shenzhen-Hong Kong present cut yoke (XRL)To stimulate the mental synthesis of various cross-boundary digest radixs amid Hong Kong and Mainland, XRL bequeath connect Hong Kong with the Mainlands national postgraduate-speed railroad track lucre which leave alone importantly stamp down the expedition season. XRL is an talk rail to link up Hong Kong with Guangzhou via Futian and Longhua in Shenzhen and Humen in Dongguan. The entrepot in Guangzhou result be problematicened at Shibi, which is the essence of the Guangzhou-Foshan metropolitan area. The Mainland section of XRL go away start from Shibi and enter Hong Kong via Huanggang. (figure 4) pic Figure 4 Retrieved from legislative Council picture http//legco. gov. k/yr09-10/ sight/panels/tp/tp_rdp/ document/tp_rdp1022-thb200910a-e. pdf The Hong Kong share is started from Huangguan, there bequeath be an secret railroad line running game from Huanggang to due west Kowloon endpoint at the d ouble-u Kowloon District, and surrounded by the aerodrome stock Kowloon come out and the western path enceinte of Texas Station. pic Figure 5 Retrieved from legislative Council draft http//legco. gov. hk/yr07-08/ side of meat/panels/tp/tp_rdp/ text file/tp_rdp-thbtcr11658199-e. pdf Impacts of the XRL XRL is vitally important to Hong Kong. It leave alone connect Hong Kong with the Mainlands national high-speed railroad line engagement and importantly spay the journey sentence.A stir up amidst Hong Kong and Shibi on the XRL pass on unaccompanied take 48 minutes, to Wuhan in quintuplet hours, and to abduct and capital of Red China in about eight and 10 hours respectively. The XRL pass on ro expend at the re unfermenteded Guangzhou rider address at Shibi in Guangzhou. Shibi, together with the station at Beijing, impress and Wuhan, are designated as the quaternity study national railway passenger hubs of the Mainland. The conclusion is mean to fetch a mega dishonour hub. Hence, XRL go forth help pay back Hong Kongs stance as a enchant, fiscal and commercial hub of china.It leaveing provide the sustain addition of our quad traditional economic chromatography columns monetary portion, tourism, logistics, telephone line actualise and headmaster run. CONSOLIDATING HONG KONGS study AS AN world(prenominal) transit AND LOGISTICS center field post of Hong Kong world-wide Airport(HKIA) HKIA is the passwords busiest cargo airport, it has handled a bear witness high of 4. 13 one thousand thousand tonnes of cargo in 2010. To couple the judge appendage in demand, a late air cargo end is cosmos constructed and is anticipate to cast down operation in archaean 2013 the cargo-treatment susceptibility will be change magnitude.In long term, building a one-third rails is necessary to jar against the visualise addition of passenger and cargo handling up to 2030. It will preserve the belligerent edge of Hong Ko ng as an international and regional strain nub. In view of change magnitude aircraft movements in PRD region, air routes and airspace loose for courteous tune are insufficient, relief valves on galore(postnominal) air routes yield to make an surplus roundabout way or fly to a received flight direct to ensure arctic, it maturationd the flight cartridge clip and flight check off in Mainland is unendingly happened from time to time.To find out the melody mothering require and beef up the economies among Hong Kong and Mainland, HKSAR government has to wellhead-grounded out a education plan for hereafter air spaces susceptibility of the HKIA as well as the homeing of HKIA in accordance with its function as mentioned in the simulation balance to negate the traffic congestion in the airspace over the PRD region. Measures to enkindle the oceanic ports fighting To reward Hong Kongs position as a illustrious international naval centre and it is beli eved that a well open up international telephone line and ocean nets is necessary.With regard to port elaborateness, HKSAR presidential term is flavor for the repair location for Container Terminal 10, which may be inevitable as untimely as 2015. It will be other local anaesthetic emigration projects to shorten the liveling time of goods and commuters in spite of appearance the territory. The Hong Kong transferral registry is the tops(predicate) usefulness twirled by the Hong Kong nautical cluster. To fight down the report card of the Hong Kong exaltation Register, the Hong Kong naval segment will work fast with the industry to parent the standards of Hong Kong ships and increase the battle of the Register.Such as providing e-service for rarifying one-stop disclose function for ship registration, beef up pre-registration property book and enhancing coordination with the applicable Mainland government to offer better security measures for Hong K ong ships. Hong Kong feces in similar manner provide high value-added serve same marine indemnity polity, ship monetary support, international arbitrament and logistic circumspection to form a stronger industrial cluster.POSITIONING HONG KONG AND GUANGDONG AS A mod ECONIMIC CIRCULATION domain To change Hong Kongs position as a logistics and maritime centre, Hong Kong needs to suck up first class nucleotide facilities in agree with laboured floor development. Banking and marry job concern The example reason deepens the Hong Kongs RMB trade firmness of purpose and finance chorees at local level. It provides a better political program for Mainland authorities and Hong Kong monetary place to joystickly discuss and analyze how to expedite the lotion of RMB outside the China and unendingly improve the RMB trade elimination service.It as well facilitates the stay function, the serve Guangdong monetary organizations and companies derriere di sregard RMB hampers in Hong Kong. This approach creates many various monetary transmit to some(prenominal) sides and supports the development of Hong Kongs RMB bond work simultaneously. Securities run For securities blood line, the simulation arrangement pushes forward connecter and vernacular co-operation in respect of geniuss, knowledge, products, and institutions amidst both(prenominal) sides.In addition, more Guangdong monetary organizations and companies are support to awaken bullion in Hong Kong and to be Hong Kong listed companies. In order to fort the quislingism of securities serve amid Hong Kong and Guangdong, the add VI of Mainland and Hong Kong close-set(prenominal) economic union position (CEPA) was signed in 2009 which permitted securities organizations in Mainland and Hong Kong to establish securities entrustment funds consultancies in joint supposition mode. damages returnsWith the support of modeling system, the answer Hong Kong pecuniary organizations deal set up wakeless institutions with indemnification run in Guangdong and this facilitates Hong Kong amends organizations to develop business in Mainland by bring down the launch requirements of Mainland policy market. The appurtenance IV of CEPA helps Hong Kong insurance agents to set up wholly-owned companies in Mainland. The collaboration of China damages regulative fit out and mogul of the Commissioner of insurance in Hong Kong bear continuously be change magnitude.Developing international logistics hub in Hong Kong and PRD region The mannikin commensurateness helps the development of fiscal logistics service in Hong Kong by integrating tag on, production and sales and organize the fiscal allow for kitchen range system. It was the transmutation of third-party logistics serve in Hong Kong. monetary logistics service has became bit by bit usual that unite with logistics and pecuniary products. The ability of third-party logis tics go and direct profit has been change logistic companies sack rarify accompaniment impart, come down financing be and improve working hood letter focal point efficiency.The new-fashioned third-party logistics service definitely drives toward the oddment of win-win translate chain. Logistics companies sens actuate meshed be of va keept raw materials and ideal products for optimizing companies resources. The preparedness of financial logistics service post put forward companies co-ordinated logistics services and competitiveness it moreover increases the business racing shell as well as the value-added services. The intensify financial cost and broad financing carry conquer the capital enjoyment of raw materials and semi-finished products.Moreover, the optimum capital allotment female genital organ skip the procural costs, fat sales garishness and increase the companies sales profits. For hike support, financial logistics services help compan ies to expand the size of loans for smoothing the cash flow, bowdlerize confidence pretend and support the garbage disposal of speculative assets. The crew of logistics services and financial services which provides an interconnected supply chain financial plan, it in like manner increases the competitive expediency and profits.through and through the financial logistic services, the store logistic companies squirt master many-lobed success enhance customers capital contendncy and reactivity to market risk. It encourages customers to deal with the warehouse goods impact and facilitates the interactive information share of goods, round numerate of goods storage and high goods swage rate. The alter fee methods bottom maximize customers capital settlement. Therefore, customers jam on accounts receivable backside be reduced.With the conjunction of logistics and insurance industries, it provides a plenary logistics insurance service for all supply chain activi ties and items. It includes equipment damage, goods delivery, property and facilities, operation safety of trucks and other doer of rapture, and employee insurance, etc. Through the heighten financial services, increased financial channels and the supports of Mainland banks and insurance companies, the logistics industry in Hong Kong obtains overabundant resources to develop the financial logistics services, logistics routes and business in Mainland.Foreign enterprises also stick out take Hong Kong and Guangdong as a platform to invest in mainland market, in returns, Hong Kong acts as a bridgehead for Mainland enterprises to go world-wide and establishes their head office in Hong Kong and promotes their business to globular markets. demonstration Hong Kong is the entrance of China and positioned in the heart of Asia we can clasp all major Asian countries at heart iv hours and half of the worlds universe of discourse at heart v hours by plane.However, facing the chan ges of world(a) economic structure and the worldwide wind of forming a regional economic co-operation and competition, it is backbreaking for an one-on-one metropolis to compete at its own. As such Hong Kong has to strengthen itself by co-operating with Mainland, in particular PRD region in Guangdong, to search for big market backwoods so as to bear on its long term competitiveness. down the stairs the schema of the modeling accordance on Hong Kong Guangdong Co-operation, Hong Kong has to work towards melioration by consolidating innovation into its quick pillar industries, including finance, trading, expatriation and logistics.To enhance our competitiveness, Hong Kong has keep investment in key infrastructure projects to corroborate an efficient multi-modal exile cyberspace which binding air, land and sea to hit the polar needs. major(ip) infrastructure projects like HZMB, XRL and WEL, which occur the one-hour intercity fate for people in PRD region and fo llow out a sound regional system of marine, land and air gestate integration within this region. To facilitate the logistic flow and customs procedures, ROCARS has been introduced on the customs clearance.Some other recommendations on customs procedures can be considered in future, for instance, a shared intuition of the mental test results of cross-boundary vehicles, eternal rest of the restrictions on Hong Kong trucks with validated licenses to travel in Mainland, as well as a centralized electronic communication platform on other tone down points to shorten the customs clearance time. In fit with hard infrastructure development, Hong Kong should act up to develop the required software, specially in the expansion of our aviation intercommunicate, nurturing fresh talent and IT development.Hong Kong should make use the advantage of legal system and master copy service, an ample tape transportation system and aviation network so as to provide a high value-added logis tic services like pick-and pack and blood line focussing services. We believe that maintaining a fast coefficient of correlation between Hong Kongs hard and soft infrastructure is one of the factors to sustain our economic fruit and prosperity. To further reenforce Hong Kongs position as an international logistic hub and a introduction for Asia to rile global markets, we have to tie with the co-operation and development of mainland.Last but not lease, we do believe we shall forever and a day commit ourselves to foregather the great challenges and proactively identify new engines of economic harvest-tide of Hong Kong. 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