Hong Kong Transport and Logistics Bureau: Expanding shipping networks and improving financing support for small and medium enterprises to enhance the competitiveness of the freight logistics industry in Hong Kong.

According to the Zhitong Finance APP, on May 21, when answering questions from members of the Hong Kong Transport and Logistics Bureau, Director Chen Meibao said that the indiscriminate imposition of tariffs by the United States has had far-reaching negative impacts on global trade, and global trade volume as a whole is expected to decline. Faced with the new international trade environment, the authorities will continue to expand Hong Kong's shipping and aviation networks, assist in enhancing market diversity, and reduce dependence on the US market. At the same time, Hong Kong will use various funding programs and support measures to assist small and medium-sized enterprises in dealing with various challenges and maintaining competitiveness in a complex and rapidly changing economic environment.