Hong Kong Needs to Quicken its Pace in Trade Modernization - Global rankings in trade modernization

Global rankings in trade modernization In view of this, I recently led a team from the Asia Global Institute (AGI) to join hands with the ICC Digital Standards Initiative and the Milken Institute to compile an alpha version of the Global Trade Modernization Index (GTMI) so as to assist the Government and various sectors in evaluating their progress in trade digitalization. [...] Therefore, we hope that the GTMI will not only help the Government and the general public to have a better understanding of the development situation of the world’s digital trade but will also point the way forward for future planning and input. [...] The current alpha version of the GTMI mainly reveals public data and raw data and will provide analysis of the raw data in the next phase. [...] The upcoming version is expected to be released in the second half of the year, which will include a more comprehensive comparison of the data. [...] Instead, the SAR should take the initiative to connect and cooperate with the country as well as strive to join the ranks of paperless trade countries by meeting the related system requirements as soon as possible.