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Despite a small population of 7.3 million people, Hong Kong is the tenth-largest export market for U.S. consumer-ready agricultural products. Hong Kong has always been an attractive market for innovative U.S. food and beverage products as well as a gateway to the region.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Update on Hong Kong’s imports of Poultry Products and Eggs; Keep Spending is Main Strategy to Stabilize Economy; Hong Kong Named the Second Most Expensive Location in the World
The Hong Kong Environmental Protection Department (EPD) implemented the Producer Responsibility Scheme on Glass Beverage Containers (GPRS) on May 1, 2023. Upholding the “polluter pays” principle, the GPRS requires stakeholders to share the responsibility for the collection, recycling, treatment, and disposal of glass beverage container products.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: First Quarter U.S. Exports Grow For the First Time in Five Years; Hong Kong’s Economy Can Grow 5.5 percent; Hong Kong Inflation Hits 2.1 percent in April
Despite its small population at 7.5 million, Hong Kong is the sixth-largest export market for U.S. consumer-oriented agricultural products. Hong Kong has always been an attractive market for innovative U.S. food and beverage products as well as a gateway to the region.
Healthy eating is the growing trend in Hong Kong embraced by both the government and the general public. In this context, the Hong Kong government is encouraging the trade to use less salt and sugar for foods by introducing a voluntary “Salt/Sugar” label scheme for prepackaged food products.
In September 2021, the Hong Kong government decided not to launch a scheme requiring pre-market safety assessments for biotech events initially proposed in 2013. Hong Kong did not have any policy changes on regulating genetically engineered (GE)...
Hong Kong is the ninth largest importer of baked goods in the world, with imports valued at $870 million. Major import categories included pastries, bread, and cakes. For the first ten months of 2021, Hong Kong imports of baked goods were $721 million, a modest increase of 1.61 percent over the same period in 2020.