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Hong Kong dropped from ranking second in 2012 to 15th in World Bank’s Logistics Performance Index last year. Unlike previous years, strengthening Hong Kong’s position as an ‘International and Regional Logistics Centre’ was replaced by ‘International Maritime Centre’ in the Policy Address this year. In recent years, the diminishing capacity of container terminals, the tight supply of warehousing spaces and the rising cost of land and manpower have worsened local logistics performance. How can we see a breakthrough?
The full version of the commentary is in Chinese only.