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Hong Kong trade promoted at N.J. business conference

HKETONY Director Steve Barclay (left) met with New Jersey Lieutenant Governor Kim Guadagno at the business forum.

New Jersey Lieutenant Governor Kim Guadagno praised Hong Kong for its ease of doing business and being the gateway to China at a recent business forum.

At the same MIDJersey Chamber of Commerce 2015 International Business Conference in Ewing Township, N.J., on October 13, Director of Hong Kong Economic and Trade Office, New York (HKETONY) Steve Barclay called on New Jersey businesses to take advantage of Hong Kong’s strategic geographical location, sound financial infrastructure and regulatory regime, and wealth of experience in being the first mover to expand its reach in Asia and mainland China.

Trade between Hong Kong and the Garden State has been robust. The city is the state’s eighth-largest export destination. In 2014, New Jersey exported over US$1,200 million worth of goods to Hong Kong, a 44% surge compared with 2013.

The conference was organized by the MIDJersey Chamber of Commerce, the MIDJersey Center for Economic Development and the state of New Jersey – Office of International Business Development and Protocol, Business Action Center. More than 125 business executives, entrepreneurs, state officials, delegates and country representatives took part in the half-day conference.


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