Entrepot Trade: Manufacturing Sectors and Building Factories

entrepot trade: Hong Kong stands at a key intersection where it can reconsider its role and seize opportunities, according to Global Times China. In the past, the city contributed to China's economic growth in three ways. The nation's economy is shifting from high-speed to high-quality growth. First, as reform and opening-up began, the economic relationship between the mainland and Hong Kong entered a fast track for development, with entrepot trade as the most significant driver. It was during this period that the city's manufacturing sectors began to move northward. Despite investment uncertainties on the mainland, Hong Kong business people took the lead in building factories. (news.financializer.com). As reported in the news.