Since China announced her modernization policy in 1978, Hong Kong has been serving as a gateway between China and the rest of the world and has thrived on being an entrepot for trade with China.Because of Chinaís buoyant economic development, entrepot trade continues to be of importance to the economy of Hong Kong with the gross total value of the territoryís re-exports being more than 80% of the combined total of domestic exports and re-exports.
Major goods re-exported include clothing, textiles, telecommunications equipment, electrical machinery and footwear.
The main origins of these re-exports were China, Japan, Taiwan the USA and Korea with China, the USA, Japan, Germany and the UK being the largest re-export markets.
The Better Hong Kong Foundation.