Industry is a key driving force for Hong Kong economy. With the HKSAR government promoting "re-industrialization", the "return of industries" has become a topic for discussion. A study by HKPC and the Professional Validation Council of Hong Kong Industries and the Hong Kong Productivity Council has found that pharmaceuticals or medical equipment, food products, precision fabricated metal parts and tooling, jewellery, and watches and clocks are the five manufacturing industries with the largest possibilities to relocate their production lines back to Hong Kong. Published by HKPC, the "Study Report on Relocation of Operations Back to Hong Kong for Manufacturing Industries" (Chinese Only) offers a one-stop information reference guide for those manufacturers studying the feasibility of moving their operations back to Hong Kong to explore new business opportunities.
Francis Lai, Senior Consultant (Smart Manufacturing and Materials) of HKPC, said that as "Smart Manufacturing" is the destined trend for the manufacturing industry in the future, HKPC fully supports the Government's "re-industrialization" initiative to develop high value-added technology industries as well as high value-added manufacturing processes, and will help Hong Kong manufacturers in the Pearl River Delta to relocate their operations back to Hong Kong.
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