Hong Kong Industrial and commercial groups welcome approval for 2015

Hong Kong January 17 (Xinhua) The Finance Committee of the HKSAR approved the funding of the Hong Kong-Shenzhen High Speed Railway (HK) on 16th, and the major industrial and commercial organizations in Hong Kong welcomed the high-speed rail project, which would facilitate Hong Kong's long-term development and promote exchanges and integration between Hong Kong and the mainland. According to media reports in Hong Kong, the Federation of Hong Kong Industries said after the passage of the High speed railway project that the construction of the high-speed railway could enhance Hong Kong's long-term development. The Chairman of the Federation, Sun Qilie, told the media that Hong Kong must connect with the mainland's high-speed rail network as soon as possible, and that the high-speed railway would attract more mainland consumers to Hong Kong and would be of great benefit to the local economy and employment creation.　　As for the cost of high-speed rail, Sun Qilie that it is worth it in terms of long-term economic benefits. The Hong Kong Manufacturers ' Council hopes that this major infrastructural project will play an active and positive role in promoting the integration of Hong Kong and the mainland and promoting the economic development of Hong Kong. Hong Kong manufacturers will say that the completion of the Hong Kong section of the High speed railway is not only conducive to the financial tsunami, but also allows Hong Kong to grasp future economic development opportunities. In addition, the Hong Kong-Shenzhen high-speed railway will effectively strengthen the cooperation and exchanges between Hongkong and the Pearl River Delta region and expand the market of various industries.　　The manufacturers will expect the project to commence as soon as possible, so that the Hong Kong segment of the high speed railway can be opened in 2015. The Hong Kong and China Import and Export Association said that the construction of high-speed railway would help Hong Kong develop its economy and create more job opportunities, providing space for tourism, retail and logistics industries in Hong Kong. The China Import and Export association also said that the Legislative Council's application for the high speed rail funding was based on the overall interests and long-term development of Hong Kong and hoped that the high-speed rail project would commence as soon as possible.