Officials of Hong Kong They highlighted the large amount of benefits offered by the Special Administrative Region of China for Argentine companies that want to use it as entrance door To do business in the rest of Asia, during A meeting held in Buenos Aires. In turn, local businessmen highlighted the possibilities offered by the development of importing infrastructure from China, a product of the strong increase in supplies to the Asian giant, for future exports to that country.
The activity was organized by the ICBC Bank Foundationthe Argentine-China Chamber of Production, Industry and Commerce (CACPIC), The Nao Consulting and Invest Hong Kong (Invest), The Hongkonese government agency dedicated to attracting investments.
The event that could participate Scope He had as his speaker the deputy general director of Ashshk, Arnold Lauwho explained that during the past year “Argentina took the seventh place among the commercial partners of Hong Kong in South America, and with a commercial volume that reached the U $ 3,000 million“
In this regard, he added: “In the economic and strategic sphere, We can do more and, in addition, we can work together to achieve great results“
In addition, he said The factors that highlight Hong Kong above other regions: A simple tax regime, the strong presence of financial institutions, favorable legislation in case of international arbitrations, the possibility of accessing logistics, transport and professional training services that accompany the installation of new companies.
Consulted by this means, Lau explained that “In recent years China has probably contributed more than 40% of world GDP growthcompared to approximately 26% of G7 countries together. “Therefore, he stressed that”Hong Kong is an excellent trampoline to take advantage of this growth opportunity“On the part of the Argentine companies that consider establishing themselves there.
The export potential of Argentine companies
The day also had the participation of Argentine companies that already do business in Hong Kong: Iflowof logistics solutions, Andex Groupforeign trade, and Andreani Global Packwhich offers integrated international shipments and distribution services.
Andreani’s Cross Border Business Manager, Maximiliano Mediavillahe referred to the fury for the courier shipments from Chinese platforms such as Shein and Temu: “We understand that this is an opportunity today and it is something that according to our gaze, regardless of the regulatory framework, which can vary, is something that comes to stay.”
In this regard, he stated that “All this will generate opportunities for Argentine companies to export to this same marketbecause all this that is being developed, with new aerial capabilities and connections, will make perhaps export to these countries and Hong Kong can be a very important center for that. “
And he added: “We want to achieve a ‘door to door’ upside downthat someone from here sells someone in Asia and that this product reaches the door of the house directly, as the packages of Temu and Shein arrive today, the search is a bit for 2026 “.
The question of imports in the industry
At another time on the panel, the issue on the strong increase in imports from China was raised, in particular From the manufacturing sector. On this point, the executive director of the CACPICAlejandra Conconi, stated that there are currently “Record numbers of participation of Argentines and Latin American in China Fairs as buyers. ”
“Today the entire energy, oil, gas and mining industry is looking at China because They get the same inputs as in other origins, the same quality, between 30% and 80% cheaper“
In this sense, he considered that the trend will continue to grow, “But because the industry sustains it “. And he added: “CWhen companies are red and they are saying goodbye because they have to reduce costs, which takes them to China is to reduce costs. Nor it is antagonistic. ”
Chinese Argentine Chamber
Xinhua
In line, the general manager of Andex, Esteban LancieriHe argued that “There is a very important need to bring machinery ” And he particularly mentioned the metallurgical sector, which currently crosses historically low production levels.
“Today the banks are accompanying that process, there is a consultation for more than today is not selling. It is time to incorporate technology. A little larger people mention that if we do not do it now with a competitive dollar, with credit opportunities, the train passes. You have to act, “he said.
He assured that “China is not for anyone” And he added: “There are products that we will continue to be competitive, but we have to improve costs. I think there must be A quite important industrial redesign in the part of the entrepreneur. “
Source: Ambito
