Logistics park provides key boost to Bay Area

BEIJING: The value of imports and exports passing through the Dongguan-Hong Kong International Airport Logistics Park in Dongguan, Guangdong province, had exceeded 10 billion yuan ($1.4 billion) by last weekend, empowering both the manufacturing industry in the Guangdong-Hong Kong-Macao Greater Bay Area and the aviation industry in Hong Kong.
Nearly 10,000 metric tons of cargo have been transported in and out of the park, which officially started operation in May last year, with intermediate electronic goods comprising 70 percent of imports and exports, according to a statement released by Huangpu Customs on Monday.
The rapid development of the logistics industry in the Bay Area has greatly contributed to efforts to strengthen Hong Kong’s position as an international trade and aviation hub, Huangpu Customs said.
The park has further deepened connectivity and promoted complementary advantages between Guangdong and Hong Kong, injecting new momentum into the development of Hong Kong’s foreign trade industry, it said. Located in the Humen Port Comprehensive Bonded Area, the park, which has opened direct water routes to Hong Kong’s international airport, is the world’s first cross-border sea-air intermodal transportation project to be linked directly to an airport. –The Daily Mail-China Daily news exchange item