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Ever since China resumed sovereignty over Hong Kong 20 years ago, the mainland has stood fully behind the city and underpinned its prosperity.
With the backing of the motherland and facing the world, Hong Kong has become a platform for Southeast Asian nations to expand their markets and seek new development opportunities.
International observers have said that Hong Kong's advantage will be further enlarged following the implementation and advancement of the China-proposed Belt and Road Initiative, and that Southeast Asia is expected to join hands in this global endeavor.
BACKING OF MOTHERLAND
The backing of the Chinese mainland is undoubtedly an irreplaceable advantage and a lasting attraction of Hong Kong compared to other economies in the world.
Given their geographic proximity, Hong Kong and Southeast Asia have a long history of contact, and the scale of bilateral cooperation has only expanded since Hong Kong returned to Chinese rule.
Take the last 10-year period for instance. The value of bilateral commodity trade between Hong Kong and members of the Association of Southeast Asian Nations (ASEAN) has increased by 72 percent. There are 547 ASEAN enterprises in Hong Kong as of June 2016, among which 54 are headquartered in the city, according to the Census and Statistics Department of the Hong Kong Special Administrative Region.
Bambang Suryono, an Indonesian scholar and president of the Jakarta-based think tank Nanyang ASEAN Foundation, said Indonesia and other ASEAN nations have very close ties with Hong Kong, which has become a bridge and hub connecting the Chinese mainland and Southeast Asia.
With the increasingly closer economic and trade ties between China and Southeast Asia, Hong Kong's status has become ever more unique, he said.
Data has shown that nearly 90 percent of annual transit trade Southeast Asia conducted through Hong Kong eventually ended up on the Chinese mainland, and the value is rising.