Hong Kong’s external trade with Belt and Road economies other than Mainland China has surged by almost 78 per cent (3.2 times the growth rate of Hong Kong’s trade with all economies) between 2013 and 2024.
Tapping into this huge potential is a strong focus of the Hong Kong Special Administrative Region (HKSAR) Government, including arranging outbound business missions to Belt and Road countries/regions as well as inviting global policymakers, business leaders, investors and academics to attend the annual flagship Belt and Road Summit in the city.
The HKSAR’s Chief Executive John Lee has so far led high-level delegation visits to four of the six Gulf Cooperation Council countries, most recently Kuwait and Qatar, as well as six of the 10 Member States of ASEAN, which is Hong Kong’s second largest trading partner.
And, just last week, the Belt and Road Office (BRO) under the Commerce and Economic Development Bureau of the HKSAR Government led an infrastructure and construction mission to Indonesia and Malaysia (22-26 June 2025).
The
Commissioner
for
Belt
and
Road,
Mr
Nicholas
Ho,
led
a
delegation
to
visit
Indonesia
and
Malaysia
last
week.
These
visits
strengthen
government-to-government
relations,
connect
project
owners
with
investors,
and
promote
Hong
Kong’s
unique
advantages
under
“one
country,
two
systems”,
including
the
city’s
common
law
system
and
free
flows
of
capital
and
talent.
They
also
foster
partnership
opportunities
by
highlighting
Hong
Kong’s
professional
services
expertise
in
areas
ranging
from
engineering,
architecture
and
surveying
to
design,
legal
and
financial
services.
One such company is Hong Kong green technology start-up i2Cool, which has introduced its cooling systems to the United Arab Emirates, securing a deal to apply its i2Coating to the Dubai Mall’s rooftop. This helped the shopping mall achieve a 20% reduction in air-conditioning energy consumption. During last week’s mission to Indonesia and Malaysia, i2Cool signed memoranda of understanding (MOUs) with local partners.
Meanwhile, a Hong Kong firm is investing in a data centre in the Indonesian capital Jakarta, leveraging opportunities in digital infrastructure to contribute to the development of the Digital Silk Road in promoting connectivity. The Tier III hyperscale facility is capable of handling a huge amount of data safely and securely, with an initial 20MW IT load. Equipped with advanced security measures and round-the-clock monitoring and support, the data centre can promptly identify and resolve any potential problems, minimising downtime and optimising business productivity. The HKSAR Government and its Belt and Road Office helped to make the business connections with local partners through networking events. The project highlights Hong Kong’s role as a “super connector” and “super value-adder” in influential deal-making.
Professional services thrive in Hong Kong, thanks to the city’s robust legal system and the rule of law. Hong Kong is the only common law jurisdiction within China, which means that the legal regime in the business realm resembles that of many major global financial centres.
As such, the newly established International Organization for Mediation (IOMed) will have its headquarters in Hong Kong. IOMed will become the world’s first intergovernmental international legal organisation dedicated to resolving international disputes through mediation. It will provide a pathway for countries along the B&RI and beyond – regardless of culture, language and legal system – to resolve international disputes based on mutual respect and understanding.
Meanwhile, Hong Kong is gearing up to host the 10th edition of the Belt and Road Summit in September (10-11 September, 2025). The Summit gathers senior government officials and business leaders from countries and regions along and beyond the Belt and Road to exchange insights on multilateral co-operation and explore concrete business opportunities.
Thousands
of
policymakers,
business
leaders,
investors
and
academics
attend
the
annual
Belt
and
Road
Summit.
Last
year’s
summit
welcomed
more
than
6,000
attendees
from
around
the
world,
including
over
90
high-profile
speakers.
The
event
also
arranged
over
800
one-to-one
business
matching
meetings
and
featured
over
110
exhibitors,
creating
business
opportunities
throughout
the
Belt
and
Road
regions.
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