“Being a unique bridge between China and other parts of the world Hong Kong can serve as a gateway to promote Russia’s business in China and Asia,” Hong Kong Secretary for Home Affairs Tsang Tak-sing said.
Enjoying advantages of the one country-two systems formula Hong Kong not only participates in development of Russian-Chinese ties of strategic partnership, but also can make “its special contribution” in their further expansion, he told TASS.
The leadership of Russia and China has set a general task to raise bilateral trade to $100 billion in 2015 and up to $200 billion by 2020. The Chinese special administrative region has several advantages, including strategically convenient location, favourable investment climate, easy taxation system with low tax rates, free movement of capital and information. Hong Kong is recognised as a territory with most liberal economy for 20 years.