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HONG KONG, Sept 6, 2024 - (ACN Newswire via SeaPRwire.com) - As the Hong Kong Observatory has announced that the tropical cyclone warning will be lowered to No 3 at 12:40pm, CENTRESTAGE, Hong Kong Watch & Clock Fair and Salon de TIME will reopen at 2:40pm.The fairs’ opening hours will be extended to 7:30pm today and 7pm tomorrow (7 September), respectively, to facilitate more business connections.Both CENTRESTAGE and Salon de TIME are also open to the public.In addition to the physical fairs, HKTDC's EXHIBITION+ hybrid platform will enable exhibitors and buyers for the Watch & Clock Fair  and Salon de TIME to enjoy extended business discussions via its Click2Match business matching service until 14 September.Websites:CENTRESTAGE: www.centrestage.com.hkCENTRESTAGE buyer online registration: https://bit.ly/3WYjnNIFashion Hong Kong: https://www.fashionhongkong.com.hk/enHong Kong Young Fashion Designers' Contest (YDC): www.fashionally.com/enHong Kong Watch & Clock Fair: https://www.hktdc.com/event/hkwatchfair/enSalon de TIME: https://www.hktdc.com/event/te/enAbout HKTDC Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 50 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With over 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via research reports and digital channels including the media room. For more information, please visit: http://www.hktdc.com/aboutusMedia enquiries:CENTRESTAGEBest Crew Public Relations & Marketing:Diana Tang Tel: (852) 9199 6723 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 6291 4283 Email: reni.kwok@bestcrewpr.comHKTDC Communications and Public Affairs Department:Snowy Chan Tel: (852) 2584 4525 Email: snowy.sn.chan@hktdc.orgHong Kong Watch & Clock Fair, Salon de TIMEJohnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.orgBubble Ma Tel: (852) 2584 4369 Email: bubble.ma@hktdc.orgTo view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Sept 6, 2024 - (ACN Newswire via SeaPRwire.com) - The second edition of transport logistic Southeast Asia and air cargo Southeast Asia is proud to announce its return to the Sands Expo and Convention Centre in Singapore from October 29 to 31, 2025.  As the most influential meeting place for logistics, mobility, IT, supply chain management, and air cargo sectors in Southeast Asia, the event is set to welcome over 10,000 attendees, 300 exhibitors, and will cover 15,000 sqm of exhibition space.“The synergy at the event was palpable. It’s a melting pot where industry professionals from various sectors—medical devices, electronics, and FMCG—come together, leading to a surge in brand awareness and business inquiries for us,” shared Sukrisno Chiuman, Managing Director, Satsaco Group.Southeast Asia: The Heart of Global LogisticsSoutheast Asia’s strategic geographic location and its role as a hub for global trade make it an essential market for the logistics and air cargo sectors. The region’s rapid economic growth and expanding consumer base offer a wealth of opportunities for industry players.“Our debut at the trade fair was a resounding success, forging new partnerships and opening doors to potential business opportunities. We’re eagerly looking forward to the next edition,” expressed Gianluca Marcangelo, Head of Industry Relations and Marketing, Challenge Group.Innovation Features of the Event:Future Logistics Zone: The showcase of the latest advancements in logistics, featuring state-of-the-art equipment, autonomous vehicles, drones, smart warehousing, including prototypes and models that set to revolutionize logistics and air cargo industry.Innovation Hub: The platform for cutting-edge innovations, presenting AI, IoT, blockchain, robotics, and renewable energy solutions that are reshaping the logistics landscape.“transport logistic SEA and air cargo SEA have proven to be an exceptional platform for expanding our network and establishing a foothold in the Southeast Asia region. It’s not just a local hub; it’s where the global logistics community converges,” highlighted Theresa Groninger, Head of Sales & Marketing, Cellumation GmbH.Singapore: The Ideal LocaleSingapore’s reputation as a global logistics hub is further solidified by the world-class facilities at the Sands Expo & Convention Centre. The city-state’s dedication to innovation and sustainability perfectly complements the event’s ambition, promising an unforgettable and transformative experience for all participants."We anticipate the 2025 edition to be even more impactful, with increased participation and groundbreaking innovations that will set new benchmarks in the industry. Our focus on sustainability, resilience, and innovation will address today’s global challenges and drive the future of logistics and air cargo,” stated by Michael Wilton, CEO & Managing Director, MMI Asia Pte Ltd.Join us at the Sands Expo & Convention Centre in Singapore for an insightful journey into the future of logistics and air cargo, where innovation and tradition converge. For more information, please visit: transportlogisticsea.comAbout transport logistic Southeast Asia and air cargo Southeast Asiatransport logistic Southeast Asia and air cargo Southeast Asia is the latest edition of the world’s largest trade show for transportation and logistics industry.  It is poised to become the most influential meeting place for logistics, mobility, IT, supply chain management and air cargo industry in the Southeast Asia region. Having been awarded “Debut Event of the Year” at the Singapore MICE Awards in 2024, the event provides a comprehensive overview of the industry, offering valuable insights into the latest trends and challenges.About MMI Asia Pte. LtdA full subsidiary of Messe München GmbH, MMI Asia established in Singapore in 1992, is now embarking on a significant growth and expansion program, bringing some of Messe München’s world leading brands to the Southeast Asia market. transport logistic and air cargo Southeast Asian editions are organized by MMI Asia Pte Ltd.About Messe MünchenMesse München is one of the leading exhibition organizers worldwide with more than 50 of its own trade shows for capital goods, consumer goods and new technologies. Every year, a total of over 50,000 exhibitors and around three million visitors take part in more than 200 events at the exhibition center in Munich, at the ICM – Internationales Congress Center München, the Conference Center Nord and the MOC Veranstaltungscenter München as well as abroad. Together with its subsidiary companies, Messe München organizes trade shows in China, India, Brazil, Singapore, South Africa and Turkey. With a network of associated companies in Europe, Asia, Africa, and South America, and with around 70 representatives abroad for more than 100 countries, Messe München has a truly global presence.Media Contact:Adam PaulusExhibition Director, MMI Asia Pte Ltdtransport logistic Southeast Asia and air cargo Southeast AsiatlacSEA@mmiasia.com.sg+65 6236 0998 Copyright 2024 ACN Newswire via SeaPRwire.com.

WINCHESTER, ENGLAND, Sept 6, 2024 - (ACN Newswire via SeaPRwire.com) - Pet food consumes at least 9% of all livestock globally, rising to 20% in nations such as the US with high pet ownership. The environmental benefits of vegan pet diets were recently found to be game-changingly large. Most of these relate to dog food. But, can dogs be healthy without consuming meat?Dogs are biologically omnivores, and many companies now produce vegan dog food using plant, mineral and synthetic ingredients to supply all necessary nutrients. By 2024, 10 scientific studies had demonstrated good health outcomes in dogs fed vegan or vegetarian diets, and the British Veterinary Association had endorsed nutritionally-sound vegan dog diets. Yet no studies had calculated the size of the health benefits that might occur for average dogs, after controlling for age, sex, neutering status, breed size and exercise level - all factors that can affect dog health.In 2024 veterinary Professor Andrew Knight and two colleagues published the first study to control for all of these factors. After analysing health outcomes for 2,536 dogs, including 336 fed a vegan diet for at least one year, they found decreases in the occurrences of seven general indicators of illness. Dogs fed vegan diets were less likely to need medication, medical diets or unusually high numbers of veterinary visits, were more likely to be assessed as healthy by dog owners and their veterinarians, had lower rates of illness, and fewer cases of health disorders when they were unwell. Reductions ranged from 14% - 51% for average dogs, compared to dogs fed conventional meat-based diets. All of these differences were statistically significant, meaning they almost certainly reflected true differences rather than random variation.Additionally, the odds of suffering from six specific health disorders fell by 50%-61% compared to dogs fed conventional meat. These included some of the most common health disorders in dogs: problems with body weight, ears, and the musculoskeletal and gastrointestinal system ­- which can cause conditions such as lameness and diarrhoea.Among the 22 most common health disorders found in a 2022 study of the same dogs, 11 were most common in dogs fed conventional meat, eight in dogs fed raw meat, and three most common in dogs few vegan diets. 49% of dogs fed conventional meat were unwell, compared to 43% fed raw meat, and 36% fed vegan diets.Stated Prof. Knight, "Dogs fed vegan diets clearly had the best health outcomes in this very large-scale study, and these results are consistent with prior studies in this field. Nutritionally-sound vegan diets offer extremely large environmental benefits, so this is very good news for dog owners who want to protect the environment whilst also maximising their dogs' health. However, care should always be taken to ensure diets are nutritionally-sound, by checking package labelling and purchasing from reputable pet food companies."Contact InformationAndrew KnightVeterinary Professor of Animal Welfareandrew.knight@murdoch.edu.auSOURCE: Prof. Andrew Knight Copyright 2024 ACN Newswire via SeaPRwire.com.

TEWKSBURY, MA, Sept 5, 2024 - (ACN Newswire via SeaPRwire.com) - Cambridge Isotope Laboratories, Inc. (CIL), the global leader in 13Cand 13C urea production, is excited to announce the startup of its North Star project, significantly increasing the company's production capabilities.CIS AerialThe North Star project commenced in mid-2020 as the world's largest 13C production cascade. After the complex build of phase one finished in March 2024, CIL began to introduce naturally abundant product into the front end of the distillation cascade. With each stage of the cascade, the predicted enrichment has exceeded expectations, and the overall performance has been exceptional. The first highly enriched 13C finished product will be captured in October of 2024. CIL will build more front-end systems to bring final production of the cascade to world scale capacities by April 2025."This is CIL's fourth 13C production system since 1990. With each system, our team of talented engineers have incorporated their 30-plus years of design, operation, and construction experience into the next system. Our North Star cascade is certainly proving that knowledge and experience pays impactful dividends for CIL and our customers," said Cliff Caldwell, CEO of CIL."CIL's talented organic chemists incorporate our 13C product into a myriad of labelled organic compounds with significant importance in environmental testing, biopharmaceutical research, and medical diagnostics. One critical product is 13C Urea used in the detection of H-pylori infections in humans. H-pylori is widespread throughout the world and can lead to stomach ulcers and stomach cancer. 13C urea provides a low-cost detection method to allow for treatment and elimination of H-pylori. The North Star project assures CIL's commitment to meeting the needs of 13C urea and accommodate future growth in other critical applications," states Mike Steiger, Vice President of Engineering and Project Execution.For years, CIL has been the go-to expert in cryogenic distillation, solidifying its position as the world's top producer of 13C isotopes. CIL's customers can be assured they have the reliable capacity of 13C to meet enable the commercialization of their research.About Cambridge Isotope Laboratories, Inc.CIL is the world's largest manufacturer and global supplier of stable isotopes and stable isotope-labeled compounds used in research, environmental, pharmaceutical, medical diagnostic, OLED, and industrial markets. CIL subsidiary ABX, located in Dresden, Germany, is active in the development and commercialization of radio isotopic-labeled compounds for the diagnosis and treatment of cancers. CIL is an operating business owned by Otsuka Pharmaceutical. The CIL business consists of two facilities in the Boston, MA, area; a large isotope-enrichment production plant in Xenia, OH; CIL China; CIL Canada; ABX in Dresden, Germany; and Eurisotop in Saclay, France. For more information on CIL, visit isotope.com.Contact InformationCrissy Kriskocrissyk@isotope.com1.978.269.1930SOURCE: Cambridge Isotope Laboratories, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.

Luxembourg, Sept 5, 2024 - (ACN Newswire via SeaPRwire.com) - Moolec Science SA (NASDAQ:MLEC) ("The Company", "Moolec"), a science-based food ingredient company, announced today the harvest confirmation of US campaigns for genetically engineered plant-grown products GLASO™ and Piggy Sooy™ during October 2024.GLASO™ and Piggy Sooy™ US Harvest AnnouncementGLASO™ (gamma-linolenic acid -GLA- in safflower oil) campaign located in Idaho consists of 600 planted acres of genetically modified safflower, mainly for commercial purposes. As a result of the harvest, Moolec is expecting to produce between 300 to 400 tons of safflower seeds that contain high levels of GLA. To allocate most of the upcoming GLASO™ production, Moolec has secured an offtake agreement with a major global CPG company, targeting the US market in 2025. Following a successful and rigorous audit from Moolec's CPG customer, production is set to begin in late 2024.The Company is also developing a broader commercial strategy to reach larger markets and clients. Moolec's GLASO™ product contains almost 3 times more GLA than conventional sources such as borage and primrose oil, making it the most concentrated GLA oil available on the market.Piggy Sooy™ (porcine myoglobin in soybean seeds) field trials are being carried out in 3 different US locations: Ohio, Missouri and Iowa. Main purposes for the campaign are product development (sampling), seed increase and gathering of environmental and regulatory data to continue Moolec's US-FDA approval pathway. The Team also projects a remarkable first open field performance for its bioengineered soybean Piggy Sooy™ after recent approval for cultivation from USDA-APHIS. This has set an unprecedented milestone in biotechnology last April, with Moolec becoming the first Molecular Farming company to obtain this kind of clearance for food crops growing animal proteins in US territory.Chief Technology Officer and Co-Founder Martín Salinas stated: "Our commitment to scaling Moolec's Molecular Farming Technology is demonstrated by our GLASO™ campaign and the field trials of Piggy Sooy™. These efforts not only reinforce our position as pioneers in the industry but also lay the foundation for sustainable solutions in agriculture and biotechnology." He then finished by remarking: "One acre of Piggy Sooy™ could potentially produce pork meat proteins equivalent to 10 pigs, reducing water footprint, land usage and CO2 emissions. This is a clear demonstration on how we promote environmental improvements throughout all our operations. Our aim is to heal the meat production system."Contact InformationPress & Mediacomms@moolecscience.comInvestor Relationsir@moolecscience.comRelated FilesMoolec Confirms US Harvest And Promising Yields For Plant-Grown Products GLASO™ And Piggy Sooy™ In October - 2024.09.05SOURCE: Moolec Science Copyright 2024 ACN Newswire via SeaPRwire.com.

Bandung, W Java, Indonesia, Sept 5, 2024 - (ACN Newswire via SeaPRwire.com) - The 44th ASEAN Railway CEOs’ Conference (ARCEOs’ Conference) was successfully held in Bandung, Indonesia, from September 2-5, 2024. With the theme "Driving Sustainability with Digital Innovation," this year’s ARCEOs’ Conference focused on sustainable and eco-friendly railway development supported by digital transformation in safety and service aspects.Indonesia's Minister of Transportation Budi Karya Sumadi and delegates of 8 ASEAN railway operators share in the opening of The 44th ASEAN Railway CEOs' Conference (ARCEOs' Conference) in Bandung, Indonesia. Representing Indonesia, PT Kereta Api Indonesia (Persero) (KAI) was appointed as the organizing committee for the ARCEOs' Conference, which was attended by seven other ASEAN railway operators including Keretapi Tanah Melayu (Malaysia), Vietnam Railways (Vietnam), Ministry of Public Works and Transport (Cambodia), Lao National Railways (Laos), Philippine National Railways (Philippines), Myanma Railways (Myanmar), and State Railway of Thailand (Thailand).ARCEOs' Conference delegates experience the first high-speed train in ASEAN, Whoosh In his address, Minister of Transportation of Republic of Indonesia Budi Karya Sumadi highlighted that Indonesia is currently experiencing significant growth in the railway sector with the operation of the first high-speed train in the ASEAN region, Whoosh."Moreover, in urban rail transportation, Indonesia is expanding its MRT network with ongoing construction, in addition to the Jabodebek LRT, and the latest is the Autonomous Rail Transit in Nusantara as the next capital city," he explained.The introduction of high-speed trains aims to advance transportation in Indonesia to enhance connectivity and the economy between Jakarta and Bandung through modern, eco-friendly mass transit.With the high-speed train, passengers need not worry about long travel times, as the Jakarta-Bandung route is covered in just 28 minutes, with a maximum speed reaching 350 km/h. Featuring more spacious and modern interiors, the high-speed train offers three classes with a total capacity of up to 601 passengers and dedicated spaces for the disabled.The event included several working group sessions to share best practices and discuss various issues ranging from the implementation of digital technology, railway human resource development, digital marketing, service transformation, to the application of high-tech railways like high-speed trains.KAI CEO Didiek Hartantyo stated that the goal of the 44th ARCEOs’ Conference is to strengthen relationships and cooperation among railway operators and industry stakeholders in ASEAN. Didiek emphasized that working together allows for achieving greater accomplishments and truly realizing the ASEAN spirit of mutual benefit, shared success, and resilience in facing various challenges."This year, our theme is 'Driving Sustainability with Digital Innovation.' We believe this theme stems from the global challenges we face, including the urgent need to address climate change, improve operational efficiency, and meet the growing demand for more sustainable transportation options. Additionally, advancements in technology and changes in customer demands play a significant role in shaping our focus," Didiek said.Delegates had the opportunity to experience the Whoosh train from Padalarang Station in Bandung, West Java, to Halim Station in Jakarta, followed by a tree planting activity. In addition to Whoosh, delegates had the chance to ride the Panoramic Train, designed to offer panoramic views along the journey with large windows on both sides.Furthermore, to support environmental sustainability and digital innovation, KAI deployed electric vehicles during the ARCEOs’ Conference, provided eco-friendly souvenirs, and used an app as an information platform throughout the event."We believe this conference will not only strengthen cooperation among railway operators but also promote sustainability and digital innovation in the spirit of ASEAN unity. Together, we can build a future where railways connect our nations and support ASEAN's growth and success," concluded Didiek.For more information, please contact: Anne Purba VP of Public Relations PT Kereta Api Indonesia (Persero) Email: anne@kai.id Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Sept 5, 2024 - (ACN Newswire via SeaPRwire.com) - The Fashion Hong Kong Runway Show rounded off the first day of CENTRESTAGE, the annual Asian fashion extravaganza, last night (4 September).  Building on the previous year's fusion of fashion and ballet, this year's event took interdisciplinary collaboration one step further, enlisting Weeds of Fire director Steve Chan to narrate the latest collections of four Hong Kong fashion brands – ANGUS TSUI, röyksopp gakkai, selfFab. and Z I D I – through cinematic storytelling, inviting the audience to explore the fashion realm from a new perspective.The show received enthusiastic acclaim from a multitude of industry professionals, celebrities and fashion enthusiasts. Notable attendees included Jennifer Yu, Alfred Hui, Philip Ng and Karl Ting.Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), CENTRESTAGE is now in full swing, running until 7 September at the Hong Kong Convention and Exhibition Centre. This year's fashion showcase brings together participants from 18 countries and regions and features a record-breaking 250 local and international brands. For the first time, the event spans four days and offers free admission for fashion buyers and members of the public to explore and shop.Photo download: https://bit.ly/4fXbqQdCelebrities at the Fashion Hong Kong Runway ShowJennifer Yu(wearing ANGUS TSUI)Alfred Hui(wearing ANGUS TSUI )Philip Ng(wearing selfFab.)Karl Ting(wearing ANGUS TSUI )(wearing Z I D I)Gigi & Sabrina Cheung(wearing röyksopp gakkai)ANGUS TSUI (Designer: Angus Tsui), Spring/Summer 2025 Collection  Brand: ANGUS TSUI; Collection: GIGERPaying homage to the surrealist painter, sculptor and designer HR Giger, renowned for his contributions to the Alien film, Tsui’s latest collection blends futuristic elements with a sustainable ethos, embodying the brand's dedication to environmental conservation and design ingenuity.röyksopp gakkai (Designer: Chan Brun), Spring/Summer 2025 Collection  Brand: röyksopp gakkai; Collection: citta-matraThe collection draws inspiration from the 1990s’ Japanese magical girl manga series Hime-chan's Ribbon created by Megumi Mizusawa, combining fashion with fantasy through the illustrations of artist Han Teng, creating a unique and dreamy collection through vintage handkerchief patchwork.SelfFab. (Designer: Menu Tsai), Spring/Summer 2025 Collection Brand: SelfFab.; Collection: RE-SYNTHDELICThe RE-SYNTHDELIC series draws inspiration from 1980s’ electronic music, merging uniform aesthetics with electronic music elements. The designs range from sportswear to everyday uniforms like school and work attire, symbolising a shift from routine conformity to celebrating liberation, breaking free from uniformity and expressing individuality through the incorporation of electronic music elements.Z I D I (Designer: Nathan Moy), Spring/Summer 2025 Collection  Brand: Z I D I; Collection: Escher = mc2The series draws inspiration from Albert Einstein's iconic equation and Escher's infinite staircases, incorporating unexpected twists in each piece, disrupting traditional notions of functionality and challenging the wearer's perception of clothing, transcending the ordinary. WebsitesCENTRESTAGE: www.centrestage.com.hkCENTRESTAGE buyer online registration: https://bit.ly/3QNzd7M Fashion Hong Kong: https://www.fashionhongkong.com.hk/enHong Kong Young Fashion Designers' Contest (YDC): www.fashionally.com/enMedia enquiriesBest Crew Public Relations & MarketingDiana Tang         Tel: (852) 9199 6723          Email: diana.tang@bestcrewpr.comReni Kwok          Tel: (852) 6291 4283          Email: reni.kwok@bestcrewpr.comHKTDC’s Communications & Public Affairs Department:Snowy Chan        Tel: (852) 2584 4525         Email: snowy.sn.chan@hktdc.orgTo view press releases in Chinese, please visit http://mediaroom.hktdc.com/tcAbout Fashion Hong KongFashion Hong Kong is a series of international promotional events organised by Hong Kong Trade Development Council (HKTDC) to promote Hong Kong fashion designers and labels in the global fashion arena.Since 2015, Fashion Hong Kong has actively participated in international fashion weeks and renowned events to showcase Hong Kong’s unique and diversified designers, with footprints in New York, London, Paris, Copenhagen, Tokyo, Seoul and Shanghai.About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.CCIDA’s website: www.ccidahk.gov.hk.Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Sept 5, 2024 - (ACN Newswire via SeaPRwire.com) - A new report has found that 99% of mainland-based businesses have made a commitment towards sustainable investment over the next three years. Hong Kong has emerged as their first choice for sourcing the necessary range of related professional services.The findings come as part of Seizing Opportunities in China’s Sustainable Investment, a joint research report published today by the Hong Kong Trade Development Council (HKTDC) and the Association of Chartered Certified Accountants (ACCA).Hong Kong: Key facilitator of sustainable developmentThe report was compiled after the two organisations surveyed 283 companies on their medium-term sustainability objectives. The research programme, which also included in-depth interviews with key industry representatives, aimed to evaluate the progress made by China-based businesses, as they align themselves with the Central Government's environmental priorities and explore the possibilities offered by green financing.Commenting on the significance of the survey, Irina Fan, Director of HKTDC Research, said: ‘As Asia’s leading green finance hub, Hong Kong has the potential to make a significant and lasting impact on Mainland China’s move to an ever more sustainable and environmentally friendly future.’‘With the city’s own progress to establishing itself as an international green finance and technology centre gathering pace, it is gratifying to see that its success to date is being widely recognised across the mainland. This vote of confidence confirms we are on the right trajectory to work with businesses throughout the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), within China as a whole and along the Belt and Road countries/economies.’Christina So, Head of ACCA Hong Kong and GBA Lead, said: ‘This study has delivered invaluable insights into the evolution of sustainable business practices in China, making it an essential reference tool for anyone looking to explore business opportunities throughout the country. It also underscores the need for a high standard of competence and a clear understanding of the sustainability agenda among finance and accounting professionals, something that we at ACCA are committed to delivering.’Healthy sustainable business practicesAnother key research finding was that the vast majority of survey participants are prioritising meeting the government’s policy objectives in the environmental impact space, especially with regard to substantially reducing carbon emissions.Many companies also highlighted other benefits of adopting greener business practices, including enhanced access to green finance and establishing positive brand values on an international basis.Barriers to sustainable investmentDespite the overwhelmingly upbeat sentiment with regard to adopting and implementing green protocols, many research respondents also reported ongoing challenges. These challenges are often slowing the rate at which agreed measures can be fully actioned. Chief among these concerns are cost pressures – cited by 82% of respondents – with an expectation that any return on investment in enhanced sustainability practices may not be evident in the short term.While many respondents were enthusiastic about exploring green financing, there was also uncertainty over how best to access these channels. Regardless of this, some 70% of respondents agreed that they were considering using a green financing channel to meet their future needs.Responding to the challenges facing the mainland business community, Wing Chu, Principal Economist of the HKTDC, said: ‘Despite the cost pressures highlighted, a major proportion of corporations is committed to investing in sustainability practices as a way to generate long-term value.’‘Interestingly, only a smaller fraction currently perceives the lack of knowledge and talent as challenges. However, they are keen on tapping into green financing to address their future needs. This approach is especially noteworthy, as numerous corporations are set to expand their investment in China and are committed to executing this growth sustainably.’Opportunities in green financingThe awareness of green financing options in China is still relatively low, with some 47%-56% of respondents indicating a lack of familiarity with many of the available options. Some 71% of respondents, however, maintained that they were willing to make wider use of green financing channels, including green loans and green bonds, while reducing their reliance on traditional financing options.Detailing how the local professional services sector has evolved to meet these challenges, Sam Chen, Regional Lead, Policy & Insights for ACCA China, said: ‘As businesses increasingly prioritise sustainable practices, understanding the local context and utilising green funding and technology has become crucial. There is now a wider understanding that a comprehensive approach to sustainability is essential, if businesses are to progress towards a more sustainable future, while continuing to deliver in value terms.’Respondents and interviewees for this research report were drawn from ACCA’s member community in China, which comprises finance professionals across a variety of key sectors, working at the forefront of an ever-changing business landscape.To further capture the green opportunities along the region, the Government of the Hong Kong Special Administrative Region (HKSAR) and the HKTDC are organising the ninth edition of the Belt and Road Summit, which will be held at the Hong Kong Convention and Exhibition Centre on 11-12 September.The event will gather green and ESG experts to facilitate knowledge exchange and cooperation on green development and sustainable finance, while showcasing Hong Kong's green industry capabilities globally. Under the theme of Building a Connected, Innovative and Green Belt and Road, there will be thematic breakout sessions on green development, infrastructure and financing.Seizing Opportunities in China’s Sustainable Investment (full report):https://research.hktdc.com/en/article/MTc5MTE4NzAzOQPhoto download: https://bit.ly/3z7laqvThe HKTDC and the ACCA today jointly released a research report entitled Seizing Opportunities in China’s Sustainable Investment. The press conference was chaired by (from right to left): Wing Chu, Principal Economist of the HKTDC; Irina Fan, Director of HKTDC Research; Christina So, Head of Hong Kong and GBA Lead, ACCA; and Sam Chen, Regional Lead, Policy & Insights – China, ACCAMedia enquiriesYuan Tung Financial Relations:Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgACCAJacqueline LamTel: (852) 2973 1106Email: jacqueline.lam@accaglobal.comHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.     About ACCAWe are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.    Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and today proudly support a diverse community of over 252,500 members and 526,000 future members in 180 countries. ACCA now has over 29,000 members and 125,000 future members in China, with representative offices and contact points in 11 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Shenyang, Qingdao, Wuhan, Changsha, Hong Kong SAR and Macau SAR.ACCA's unwavering commitment to building sustainable economies is at the heart of our global vision. Through our policy positions and insights, we strive to inform and influence decision-makers, promote ethical and responsible business practices, and support the transition to a better future.    Find out more at accaglobal.com/hk or follow ACCA Hong Kong on social media: www.facebook.com/ACCA.HongKong | www.instagram.com/acca_hk | www.linkedin.com/showcase/acca-hong-kong | WeChat ID: ACCA_China Copyright 2024 ACN Newswire via SeaPRwire.com.