Trade with HK is robust IBUonline is a B2B foreign trade platform which offers comprehensive foreign trade services to China

suppliers and international buyers. IBU conducted research and survey on trade between India and HK. Trade between Asian giant India and Hong Kong has grown in the high single digits for the past five years. Assisted by liberalization policies from the Indian commerce ministry and various trade bodies, India has become one of the worlds fastest-growing economies, which also provides tangible benefits for Hong Kong. The Indian economy has slowed in recent years, but the government has promised trade liberalization and opening up of various sectors that were previously closed to foreign direct investors. According to the Indian Chamber of Commerce in Hong Kong, the demand for products and services in the region provides enormous opportunities. Trade and economic ties between India, the mainland and Hong Kong should be seen in the wider context of Asias emergence as a strong and robust region. Hong Kong-India bilateral trade is growing at the rate of about 25 per cent per year. Last year, the combined two-way trade of US$20 billion was fairly evenly spread. Indian companies are becoming world players by forming mergers and alliances, and by making acquisitions. On the regional front, trade between India, the mainland and Hong Kong has grown sharply after visits by Hong Kong officials and Premier Li Keqiang, who visited New Delhi on his maiden foreign trip. Hong Kong offers sophisticated trade, finance and logistics support. The city is also ideally positioned to be the launch pad for mainland companies looking to invest in India. Hong Kong has become a strong base for Indian fund managers with an eye on investment opportunities on the mainland and India. Mainland companies, such as Huawei, ZTE, Dong Fang and Shanghai Electric, are active in the Indian telecom and power sectors, and their presence is expected to grow. IBU thinks that India, China mainland and HK will strengthen foreign trade relationship and there will be more foreign trade business in these countries and areas. IBU will conduct more surveys or interviews on traders to know their real demand and offer tailor made services.