Video PlayerClose HONG KONG, Oct. 31 (Xinhua) — In face of the uncertain global economic outlook and fierce competition from nearby regions, Hong Kong must make the best use of its maritime “software” such as maritime legal services, ship finance and marine insurance to enhance its role as an international maritime center, Hong Kong’s justice secretary said on Saturday. Secretary for Justice of the Hong Kong Special Administrative Region (HKSAR) government Teresa Cheng said in her blog that Hong Kong is one of the busiest and most efficient international container ports in the world, connecting to some 420 destinations around the globe. Last year, it handled 18.3 million containers. Through effective governance, policies and practices, Hong Kong is always committed to consolidating its role as an international maritime center. With the International Chamber of Shipping (ICS) setting up its China Liaison Office in the HKSAR last year, this establishment of the first overseas ICS office outside London reflects Hong Kong’s efforts in promoting high-end maritime services. It also reaffirms the unique status and advantages enjoyed by Hong Kong under the “one country, two systems” principle and explains the attractiveness for international bodies to set up offices here, Cheng said. The… Read full this story
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