business · RTHK

Hong Kong Strengthens MICE Hub Status with Record Visitor Arrivals

about 2 hours ago2 MIN
Hong Kong Strengthens MICE Hub Status with Record Visitor Arrivals

Summary

Financial Secretary Paul Chan Wak-sin emphasized Hong Kong's strategic position as a gateway connecting mainland China with international markets, citing this as a key factor in the city's success as a convention and exhibition hub. The two flagship venues, the Hong Kong Convention and Exhibition Centre and AsiaWorld-Expo, hosted more than 170 events in the first half of 2024, attracting 3.5 million participants. Visitor arrivals for the first seven months of the year totalled 31.22 million, up 12 percent year-on-year.

Key Points

  • Hong Kong's access to both mainland and international markets, combined with efficient connectivity, has made it a premier convention and exhibition destination
  • Approximately 140 airlines currently operate flights between Hong Kong and over 225 global destinations, forming a comprehensive transfer network
  • Hong Kong International Airport recorded over 200,000 aircraft movements in the first half of 2024, a year-on-year increase of 4.4 percent
  • Airport passenger volume reached 32.8 million in the same period, representing an 11.7 percent year-on-year rise
  • Terminal 2 departure facilities, which opened in May 2024, now accommodate 15 airlines and are projected to handle 8 million passengers annually

Why It Matters

Hong Kong's dual role as a conduit for mainland enterprises seeking global reach and international businesses entering the Chinese market directly supports the city's economic diversification beyond traditional financial services. The strong aviation and exhibition performance demonstrates the effectiveness of government efforts to attract high-value events, which in turn generates employment and sustains growth in the tourism, hospitality, and professional services sectors .
Hong Kong's dual role as a conduit for mainland enterprises seeking global reach and international businesses entering the Chinese market directly supports the city's economic diversification beyond traditional financial services. The strong aviation and exhibition performance demonstrates the effectiveness of government efforts to attract high-value events, which in turn generates employment and sustains growth in the tourism, hospitality, and professional services sectors .