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FAQ: Italian Businesses' Expansion into Asia via Hong Kong
TL;DR
Italian companies can gain market advantage by leveraging Hong Kong's strategic gateway status and untapped trade agreements like RCEP and CEPA for Asian expansion.
The HKTDC and ICCF survey of 172 Italian executives revealed 77% plan Asian expansion, with Hong Kong facilitating through trade agreements and logistics capabilities.
Enhanced Italy-Hong Kong partnerships through trade agreements and business matching will strengthen economic ties and create opportunities across innovation, healthcare and retail sectors.
A survey shows 95% of Italian innovation companies plan Asian expansion, with Hong Kong hosting the Think Business Think Hong Kong event in Milan on November 27.
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The report focuses on Italian companies' Asian expansion priorities, particularly their interest in Hong Kong as a strategic gateway to Asian markets, with specific emphasis on innovation, healthcare, and retail sectors.
The research was jointly conducted by the Hong Kong Trade Development Council (HKTDC) and the Italy China Council Foundation (ICCF) in Q3 2025, surveying 172 Italian C-suite and senior business leaders.
According to the survey findings, 77% of Italian businesses are genuinely enthusiastic about expanding in Asia, with the Chinese Mainland and Hong Kong being their priority markets.
Approximately 93% of respondents believe Hong Kong can effectively support their future Asia expansion plans, citing its unrivalled status as a strategic gateway to many Asian markets and its capabilities as a logistics and supply chain management hub.
The Regional Comprehensive Economic Partnership (RCEP) and the Closer Economic Partnership Arrangement (CEPA) were identified as having significant potential to transform the commercial relationship between Hong Kong and Italy.
Currently, 51% of Italian respondents are capitalizing on RCEP's benefits, with 60% anticipating that Hong Kong's potential membership would unlock new economic opportunities and strengthen their engagement with the city.
Approximately 80% of the Italian businesses surveyed were unaware of CEPA or how to leverage its benefits, with only 12% currently making use of CEPA's advantages through strategic partnerships in Hong Kong.
The Think Business, Think Hong Kong (TBTHK) event is set to take place in Milan, Italy on 27 November, bringing together over 700 business leaders, officials and investors from both Hong Kong and Italy.
The research indicates a real need for comprehensive information, training, and institutional support initiatives to ensure Italian companies can better leverage existing regional trade agreements like RCEP and CEPA.
Curated from NewMediaWire
