Hong Kong can maximize its economic gains from burgeoning trade with the Association of Southeast Asian Nations (Asean) by focusing on high-value services rather than just goods volume. While Asean is Hong Kong's second-largest trading partner, the city currently captures only a small portion of the value generated by trade, with larger margins often remaining elsewhere. To enhance its economic returns, Hong Kong should prioritize services such as trade finance, treasury management, intellectual property, and regional headquarters functions, thereby attaching more value to each cross-border transaction. AI
RANK_REASON Opinion piece discussing economic strategy for Hong Kong's trade.
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