82% of Chinese firms eye overseas growth, with Hong Kong top service support choice

More than 80 per cent of surveyed mainland Chinese companies plan to grow their overseas presence, with Hong Kong listed as their top choice for a professional services platform to support expansion, the Trade Development Council (TDC) has found. The council’s survey, published on Tuesday, also showed that about 94 per cent of respondents were eyeing countries in the Belt and Road Initiative for expansion. The initiative refers to Beijing’s ambitious global infrastructure and trade programme,...