Secretary for Commerce & Economic Development Gregory So concludes his France visit by promoting wine trade in Burgundy today.
"With a population of just 7 million, by value, Hong Kong ranked eighth worldwide and second in Asia in Burgundy's wine export markets in 2013-14, ahead of Mainland China, which ranked 12th worldwide," Mr So said at a luncheon.
The booming wine business can also be attributed to the removal of all wine duties in 2008, which makes Hong Kong the world's No. 1 wine auction centre for the last five years, and the outlook for wine business remains positive.
As the super-connector connecting Mainland China with the rest of the world, Hong Kong is also an ideal place for Burgundy-based companies for managing their operations and investments, he added.
Mr So will depart for Toronto tomorrow to continue promoting Hong Kong's business opportunities.
