Hong Kong next on the agenda | The Insight Files | Scoop.it

Hong Kong is next on the agenda of trade and investment minister Andrew Robb. Robb visited Hong Kong between March 24 and 27 in order to promote trade, major investment and tourism linkages. Robb said Hong Kong was a significant economic partner for Australia and a major financial hub, and the visit was a good opportunity to further leverage the relationship. China continues to be the leading market for Australian service exports, worth $7.5 billion in 2013-14. Overall service exports rose more than 7% to $57.4 billion, with services exports to China growing more than 11%. Hong Kong is also a valued trading partner for Australia in its own right with total two-way trade worth over $8 billion in 2013-14. The current two-way investment is worth $81 billion with strong scope for future growth.