Hong Kong Aims to Connect Central Asia with Chinese Businesses
Hong Kong is making significant strides in its quest to become a pivotal bridge between Central Asia and Chinese businesses. Recent statistics reveal that trade between Hong Kong and Central Asia has surged by an impressive 12% year on year. This growing economic connection is particularly evident in Kazakhstan, where President Tokayev highlighted that this event will undoubtedly bolster cooperation between Kazakhstan and Hong Kong, and even further with China, which has a long-standing strategic partnership with Kazakhstan.
Tokayev emphasized that Central Asia is emerging as a promising market for Chinese enterprises, showcasing the region’s potential for growth. Dr. Cheung, who oversees an online platform aimed at facilitating this cooperation, explained that the platform serves as a comprehensive database of professional service providers. This database is tailored for companies from Hong Kong and mainland China looking to break into foreign markets, making it a key resource in expanding their reach.
During his recent visit, Dr. Cheung stopped at the Astana International Financial Centre, which operates under English common law, similar to Hong Kong’s legal framework. This shared legal foundation opens the door for Hong Kong lawyers and financial professionals to act as intermediaries for Chinese mainland businesses operating in Kazakhstan and throughout Central Asia. Such collaborations are becoming increasingly vital as trade between China and the five Central Asian states soared to $106.3 billion (€91.3 billion) in just the first ten months of 2025, marking a significant six percentage point growth rate for China.
It’s clear that Hong Kong sees Central Asia not just as a market but as a strategic partner in the broader context of Chinese economic engagement. The region’s potential is being tapped into, and both sides are keen on exploring opportunities that can arise from this partnership. A lot is happening behind the scenes, and the future looks promising.
So, what’s next for Hong Kong and Central Asia? Will this partnership lead to even more significant trade agreements and opportunities? Only time will tell, but one thing is for sure: the momentum is building, and it’s worth keeping an eye on these developments…
Kaynak: Orijinal Haber
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