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Feb 18, 2006

Connection - Hong Kong/China - The Inland Empire

Riverside County, Cal,USA -The Caltrade Report -15 Feb 2006: -- Strategically "sited and suited," the Inland Empire is "ideally positioned to serve as a critical distribution hub for goods moving between Asia and points throughout the US, according to a senior-level Hong Kong official... Hong Kong "is leading the way as Southeast Asia's most technologically-advanced trade service center," she said... At the "very heart of its being" is the continuing development of a transportation infrastructure "well-suited to handling the surge in trade volume that we are forecasting over the next decade," she said, alluding to the "increasingly important" role the Pearl River Delta (PRD) region - a region that covers nine provinces, as well as the Hong Kong Special Administrative Region (SAR) - is playing in China's overall economic growth strategy... The region, which also includes Hong Kong and nearby Macao, accounts for a full third of China's total Gross Domestic Product with low-cost manufacturing - once centered in Hong Kong - now the driving force of its combined provincial economies... Last year, 27,500 cargo trucks cross the border between Hong Kong and mainland China every day, while rail links link the SAR with 60 major inland Chinese metropolitan markets...

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