Apr-May 2022
Dear Reader,
As of next week, Hong Kong will finally reopen for non-residents coming from overseas, ending an entry ban which has kept visitors away for the majority of the past two years. In addition, flight suspensions will be adjusted and testing arrangements upon arrival in Hong Kong are set to be eased. Find more details on the upcoming changes below.
In this issue, you will also read about the fast-growing pet industry in Hong Kong and Mainland China, which is expected to create ample new business opportunities for German providers of pet food and supplies in the years ahead. Other topics include carbon neutrality, the latest pandemic outlook for Hong Kong, and event updates.
As always, we thank you for your continuing support and look forward to receiving your feedback.
Stay safe, stay healthy, and stay well.
Your GIC/GCC Team |
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| Pets in Hong Kong and China: A Booming Market |
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Keeping domestic pets has become an increasingly popular lifestyle trend in Hong Kong and Mainland China in recent years. Although living space in Hong Kong is limited – less than 200 square feet per person on average – the number of households with pets has grown substantially over the past decade, and with it the demand for pet supplies and pet care services. This trend is projected to continue in the coming years, creating new retail opportunities for specialised providers of pet food, products, and services, particularly in the fast-growing e-commerce sector. |
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| The HKSAR Government announced on 22 April that the entry ban on non-Hong Kong residents from overseas will be lifted effective 1 May. In addition, the flight suspension mechanism will be “suitably adjusted”. The trigger threshold will be raised (from 3 to 5 passengers tested positive upon arrival, or at least 5% of the total number of passengers, or 3 positive cases and 1 non-compliant case) while route suspensions will be shortened from 7 to 5 days. |
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| A recent “Survey on Carbon Neutrality” conducted by GCC member TÜV Rheinland looked at some of the major challenges enterprises in China face as they try to reduce their carbon footprint. The 650 survey respondents in Mainland China hail from various industries. While 73% say that China’s goal to become carbon neutral by 2060 will impact their businesses, only 12% have set specific net-zero emission targets or timetables and 30% have not made any plans yet. |
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| After experiencing its fifth and most severe wave of Covid infections in the first quarter of 2022, Hong Kong has started to gradually ease social distancing rules as well as travel restrictions as of April. As a result, business sentiment in the city has palpably improved. Airlines are ramping up their flight schedules, international companies see light at the end of the tunnel. Yet, some uncertainty remains. Read the latest summary by GTAI (in German language). |
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Looking for a New Challenge?
Visit the DE Job Market for current openings: - Manager, GNTO Marketing & Sales Office Hong Kong
- Assistant Manager, Business Services
- German Relations Officer & Secretary
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GCC Sustainability Series |
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The ongoing series of monthly seminars under the motto "Green Solutions from Germany" aims to promote the concept of responsible use of resources in every aspect of our daily lives, both as an integral part of our business philosophy and as global citizens. |
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Join our upcoming sessions on 11 May 2022 and learn all you need to know about recycled polyester (rPET) – from the recycling process to material features to certification and testing. Click below to sign up! |
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GIC/GCC Supporting Events
28 April 2022 The HKIE Environmental Division Annual Forum
Organised by the Hong Kong Institution of Engineers - Environmental Division, and themed "Engineering Net Zero Transition", this forum aims to discuss and demonstrate engineers’ roles in a new ecosystem that could help Hong Kong’s net zero transition. It will focus on innovative engineering solutions in the three sectors of i) energy; ii) building and construction; and iii) logistics and transportation. | Info & Registration |
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Alpha-Medics is a global distributor of medical products, skin care, and medical devices based in Germany. The Group’s main focus in Hong Kong and Australia is on the import and distribution of its products for the Asia-Pacific market. |
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Established in Shenzhen in 2003, Centre Testing International Group Co., Ltd. (CTI) is China’s leading independent third-party testing, inspection and certification company, and the first to be publicly listed. |
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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, business advisory, accounting, tax, HR, M&A, and technology services to international investors. |
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Liebherr (HKG) Ltd. was established in 1994 in Hong Kong in order to expand sales activities to the entire East Asian region in the product areas crawler cranes, both duty cycle and lift versions, as well as piling and drilling rigs. |
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RTB is a leading international company for innovative solutions in road traffic, including additional equipment for traffic lights, radar systems for traffic data recording and speed reduction, and effective solutions for parking space management and e-mobility. |
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New Primary Corporate Representatives
- a. hartrodt Hong Kong Ltd. – Ms. Daniela Gracia, Managing Director
- DHL Express (Hong Kong) Ltd. – Mr. Wai Kheong Loh, Vice President, Commercial
- TGI Technology Ltd. – Mr. Filippo Monti, Managing Director
Find all 2021-22 representative changes at a glance here. |
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Is Your Profile Up to Date?
Our online Member Directory is your access point to relevant information and contacts within the GCC network – anytime from anywhere.
To maintain a reliable source for new connections and business opportunities, it’s essential that your company profile stays up to date.
Learn how to update your profile here.
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| … the MacLehose Trail is younger than the MTR? |
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Despite being one of the world’s most densely built-up cities, Hong Kong is also famous for its nature reserves and rich biodiversity. The SAR counts as many as 24 designated country parks and 22 special areas for conservation – and counting. Altogether, these areas cover some 443 sq. km or 40% of Hong Kong, making the term “urban jungle” a more fitting description than arguably anywhere else. But why is there so much green in Hong Kong?
The foundation of the city’s country parks only dates back about 50 years. In the early 1970s, Sir Murray MacLehose, 25th Governor of Hong Kong and bona fide hiking enthusiast, started the initiative in order to protect the environment and open up Hong Kong’s nature trails for leisure and recreation. The Country Parks Ordinance was eventually passed into law in 1976. Over the following three years, more than 20 country parks were established across the territory. In October 1979, Hong Kong’s first long-distance trekking route was officially opened: The MacLehose Trail (side note: The first MTR line had opened just three weeks earlier).
Spanning 100 km from Sai Kung to Tuen Mun, the MacLehose Trail traverses through eight country parks and past many natural landmarks, such as the Hong Kong UNESCO Global Geopark inaugurated in 2009. In the mid-1980s, the Lantau Trail and the Hong Kong Trail were added to the map. The Wilson Trail, named after the 27th Governor, Sir David Wilson, was opened in 1996. Until today, the MacLehose Trail remains one of Hong Kong’s most popular routes among recreational hikers as well as competitive trail runners. The current world record: 10 hours, 38 minutes, and 8 seconds, achieved by ultramarathon runner Wong Ho-chung in late 2020. |
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Contact
Any questions or comments? Reach out to us:
Hendrik Hillebrecht Manager, Communications & Committees
T: +852 2526 5481 | D: +852 2532 1218 |
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© 2022 German Industry and Commerce Ltd. German Chamber of Commerce, Hong Kong 19/F, COFCO Tower | 262 Gloucester Road | Causeway Bay | Hong Kong T: +852 2526 5481 | F: +852 2810 6093
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