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Hong Kong’s economic system expanded by 3.9% 12 months-on-yr in actual terms within the first three quarters of 2017, after growing by 2% in 2016. In the meantime, the Hong Kong part of the Guangzhou-Shenzhen-Hong Kong Express Rail Hyperlink (XRL) can be 26-km lengthy, working from the terminus in West Kowloon to Shenzhen, Dongguan and Guangzhou with significantly lowered journey time. South Florida will likely see higher shopper demand for hotel rooms and airfares to the area for the 2017 year-end holiday travel season operating from Thanksgiving Day into the New 12 months, business specialists say.

24 Nov, 2017 03:37 PM ISTIf you have any mutual fund queries, message on ET Mutual Funds on Facebook. Since the debut of the scheme, banks in Hong Kong had handled RMB commerce settlement totalling RMB21 trillion as of October 2015, which represented some 70% of the world’s total. More importantly, it’ll grow to be part of the 16,000 km national high-speed rail network now being developed in full steam, fostering nearer economic ties between Hong Kong and the mainland.

Business confidence in SA remains unchanged, reflecting a impartial sentiment out there place, in accordance with the newest index of Sacci. It supplies enterprise information articles on the Florida financial system, Tampa Bay enterprise and market information. Italy’s financial growth minister says the top precedence in evaluating gives for the bankrupt Alitalia airline is maintaining connections that deliver tourists and business to the southern European nation.

Hong Kong is a favorite place on the planet to do enterprise and host major conferences. Hong Kong’s trade efficiency is partially affected by outward processing activities in Guangdong where the vast majority of Hong Kong firms have prolonged their manufacturing base. In July 2017, the mutual bond market access between Hong Kong and the Chinese language mainland (Bond Join) was launched to promote the event of the bond markets in the two locations.

The state authorities has introduced a progressive merger of its two land development companies, LandCorp and the Metropolitan Redevelopment Authority, with the property business calling for the brand new company to retain the planning approvals powers held by the MRA. Hong Kong’s merchandise exports increased by 8.5% 12 months-on-12 months in January-September 2017, after a marginal lower of 0.5% in 2016.