Belt and Road summit 'to let SMEs tap new markets'
Commissioner for Belt and Road Nicholas Ho has said that an upcoming summit on the country's global infrastucture and economic development initiative aims to be more relevant to small and medium-sized enterprises. "We want the conference to be more and more engaging and relevant, not just to the governments or the mega corporations, but relevant to the SMEs...so they can begin to understand the…
Commissioner for Belt and Road Nicholas Ho announced that an upcoming summit will focus on engaging small and medium-sized enterprises (SMEs) in the global infrastructure and economic development initiative. Ho emphasized the importance of making the conference relevant to SMEs, enabling them to understand the opportunities the initiative presents and how to access the market.
The summit, scheduled for Wednesday and Thursday, aims to advance high-quality cooperation and development, aligning with the nation's 15th Five-Year Plan. Ho traced the initiative's origins to strengthening cooperation with ASEAN, the Middle Eastern market, and subsequently expanding into North Africa. This year, there is a strong focus on opening the Central Asian market, which Ho believes has a population of over 80 million people.
In the future, senior leaders from various countries, including Latin America, Pakistan, and Central Asia, will attend the summit. Ho explained that the Belt and Road strategy in Hong Kong involves cooperating with ASEAN, the Middle East, and Central Asia, while simultaneously preparing for markets in West Asia, North Africa, and South Asia.
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