The Hong Kong Special Administrative Region Government (HKSAR) has removed restrictions on travel between Hong Kong and Mainland China and lifted vaccination requirements for overseas visitors to the city. The moves will boost global trade between Hong Kong, Mainland China and the world at large. The Hong Kong Trade Development Council (HKTDC) has been actively promoting the territory's advantages through different channels and exhibitions. The 39th Hong Kong International Jewellery Show and 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show, organised by the HKTDC, will be staged at the Hong Kong Convention and Exhibition Centre (HKCEC) from 1-5 March 2023, as a launch pad for a new round of trade fairs to help Hong Kong companies capture global business opportunities.Sophia Chong, Deputy Executive Director of the HKTDC, said: "We are happy to see positive feedback from international and mainland business communities on the relaxation of the pandemic prevention policies in Hong Kong. We observed a gradual return of overseas and mainland participants in exhibitions and conference held in January. This year, the twin jewellery shows are attracting more than 2,300 exhibitors from 34 countries and regions, with half of them from overseas. The fairs will draw 100 buying missions with more than 10,000 non-local buyers from 70 countries and regions, showing significant increase in both non-local exhibitors and buyers compared to last year. We believe the exhibition industry and international trade will benefit directly from full relaxation of quarantine measures later this year."
The HKTDC will focus on two key aspects - markets and sectors - to promote Hong Kong as a business hub and help trade regain momentum. The HKTDC will focus on promoting Hong Kong as the preeminent two-way bridge between the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Association of Southeast Asian Nations (ASEAN); between Asia and the world. Apart from GBA, Regional Comprehensive Economic Partnership (RCEP) countries, traditional and emerging markets remain our regional focus for promotion. Apart from facilitating trade and exports of various industry sectors, the HKTDC will also reinforce Hong Kong's leading role in innovation & technology, health & wellness and sustainability.
Hong Kong fine jewellery exports rally
After the pandemic brought a 20% decline in 2020, Hong Kong's fine jewellery exports benefited significantly from relaxed quarantine measures. The value of Hong Kong's fine jewellery exports last year rose 18% to HK$71.4 billion (US$9.1 billion), as compared to 2019. While there was a 40% growth in Hong Kong's jewellery sales to ASEAN markets, the exports to the United Arab Emirates, Italy, Australia and Taiwan also showed an encouraging increase.
Group pavilions include Mainland China, Japan, Korea and Germany
The twin shows will feature 20 group pavilions including those from Mainland China, Taiwan, Japan, Korea, Singapore, Sri Lanka, Thailand, India, Turkiye, Israel, Germany, Italy, Belgium, Brazil, Colombia, the United States and others. A number of jewellery associations will return to the fairs and show support, such as the Asia Pacific Creator Association, International Coloured Gems Association, Tanzanite Foundation, and the Hong Kong Jewellery & Jade Manufacturers Association which organises T-GOLD+METS pavilion with Italian Exhibition Group and many more.
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