A think tank report advises Hong Kong to evolve from a 'superconnector' role to a 'value-adder' by strengthening its position in global supply chains and aligning with national development amidst global shifts.

Hong Kong must move beyond its traditional role as a “superconnector” and reposition itself as a “super value-adder”, a leading think tank has said, urging the city to strengthen its role in global supply chains and align with national development amid geopolitical and technological shifts. In a 216-page report released on Friday, the 2022 Foundation – founded by Fung Group chairman Victor Fung Kwok-king – set out a road map for Hong Kong’s next phase of economic growth. It highlighted the need....