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Developing Trade and Logistics

27.       Hong Kong is the world's freest economy.  It is also a major international trading centre and a logistics hub.  Trade, logistics and related sectors employ one quarter of our working population, with a direct contribution to GDP of 29 per cent.


28.        On the trade front, Hong Kong will continue to play an active role in the World Trade Organization to improve multilateral trade rules and systems.  We will, at the same time, keep up our efforts in seeking to enter into more free trade agreements with our trading partners.


29.        To enhance the competitiveness of our logistics industry, we need to provide a seamless system for cargo movements and customs clearance.  We will construct an electronic advance cargo information system and implement the On-Board Trucker Information System on a trial basis, with the aim of raising the operational efficiency of the trucking industry.  To better equip our logistics practitioners, we will work with the Hong Kong Productivity Council to organise training programmes to help them master job-related information and automation technologies.  In addition, the Economic Development and Labour Bureau will continue discussion with the industry on further ways to enhance its competitiveness.


30.        As for air transport, passenger and air cargo throughput reached new highs last year, with 44.5 million travellers passing through the airport and 3.58 million tonnes of air cargo handled.  To consolidate Hong Kong's position as an aviation hub, our airport must continuously enhance its efficiency, extend the aviation network and expand its passenger and cargo handling capacities.  To facilitate the long-term development of the civil aviation industry, we will earmark about $3.1 billion to replace the existing air traffic control system and build a new headquarters for the Civil Aviation Department on the Airport Island.  In addition, the Civil Aviation Department will enhance existing flight procedures and air traffic control technology and work in collaboration with the aviation industry and the Airport Authority to increase runway capacity further.  The Department will also continue discussion with the aviation authorities of the Mainland and Macao on ways to optimise airspace design in the region and open up additional air routes.  The Authority is now inviting tenders for an additional cargo terminal and assessing the need for a third runway.

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2006 | Important notices

Last revision date : 28 February, 2007