A recent study conducted by the Federation of Hong Kong Industries has suggested that the territory's young industrialists are, in the main, upbeat with regard to the SAR's economic future.
According to the poll, 73% of those questioned predicted that their business would grow this year, 25% believed that levels would remain the same as last year, and just 2% forecast a decline in business turnover.
Explaining the possible reasons behind the optimism expressed by the younger generation of industrialists, FHKI Chairman, Victor Lo, suggested that: 'Advantageous geographic factors, China's WTO entry and the 7% economic growth target set by the central government make Hong Kong businessmen upbeat on the potential to expand their businesses on the mainland market.'
According to Mr Lo, over 80% of respondents cited Hong Kong's advanced marketing, distribution, financing and design infrastructures as the jurisdiction's principle attractions.
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