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HONG KONG Cheap Baltimore Ravens Jerseys , Sept. 13 (Xinhua) -- A free trade agreement (FTA) to be signed in November by China's Hong Kong Special Administrative Region (HKSAR) and the Association of Southeast Asian Nations (ASEAN) will help businesses better explore opportunities under the Belt and Road Initiative, according to experts in Hong Kong.


The FTA will expand trade market for Hong Kong via the platform of ASEAN, and also facilitate ASEAN to seek better accesses to the Chinese mainland and other areas via Hong Kong, said Edward Yau Tang-wah, Secretary for Commerce and Economic Development of the HKSAR government.


ASEAN is a very important trading partner of Hong Kong, ranking the second largest trading partner in merchandise trade in 2016 Cheap Atlanta Falcons Jerseys , and the fourth largest in services trade in 2015.


The FTA will cover trade in goods, trade in services, investment, economic and technical co-operation and dispute settlement mechanisms and will boost trade, investment and various exchanges between Hong Kong and ASEAN, said Choi Koon-shum Cheap Arizona Cardinals Jerseys , chairman of the Chinese General Chamber of Commerce of Hong Kong.


With strengths in finance and professional services, such as law, accounting and management, Hong Kong can help improve professional services in ASEAN and become a base for the Chinese mainland enterprises which plan to explore ASEAN market, he said.


The FTA will sharpen Hong Kong's competitive edges as it has potentials to attract the Chinese mainland enterprises to build regional headquarters in Hong Kong in expanding business in ASEAN, said Huang Sihua heap NFL Football Jerseys , a researcher with the Bank of China (Hong Kong).


As each ASEAN member has its own social and cultural background, service sectors must be highly localized, and this will bring opportunities for Hong Kong professional service sector, Huang said.


The FTA negotiations between Hong Kong and ASEAN commenced in July 2014.


The total merchandise trade between Hong Kong and ASEAN amounted to 106.8 billion U.S. dollars in 2016, and total services trade between the two sides was 15.5 billion U.S. dollars in 2015, according to the HKSAR government.


Fire drill held in S China's Guangxi


Aerial view of villages in N China's Shanxi


Apple releases new products and services in California


China Internet Security Conference held in Beijing


China heap Football Jerseys , Pakistan air forces hold joint training exercises


Pic story: Chinese grape and wine expert


Farmers busy with farm work around Bailu across China


Rural children take free lunch in SW China's Guizhou


SYDNEY, Sept. 14 (Xinhua) -- An Australian firm in the State of Tasmania is set to become the first in the world to farm rock lobsters, in a partnership that will see industry, academia and the government all join forces on the project.


Associate professor Greg Smith, who is heading the venture as director of the Australian Research Council's Research Hub, explained to Xinhua on Thursday that a number of groups have attempted to farm the highly sought-after creatures on a small scale Cheap Nike NFL Jerseys , with varying levels of success.


"There is a long and difficult larval cycle between three and four months and you need to provide oceanic quality water for this long period, as well as a suitable diet for them to eat," Smith said.


"If they don't have these, they will get bacteria in the culture and you won't end up rearing many animals."


"So the issue has always been how do you do this on a commercial scale, where you can actually produce tens of thousands or hundreds of thousands to farm."


"We have developed a lot of infrastructure around water treatment and water purification, so they don't get disease Cheap Sports NFL Jerseys ," Smith said


"Along with appropriate nutrition for the animals that is made in house."


"Our culture systems are now 10,000 litres, in the early days we used to work with 10 litres of water."


If the partnership is successful, Smith and his team could be looking at a significant windfall.


"They are very valuable on international markets and the main market for these lobsters is in China," Smith said.


Currently, the animals fetch a high price of around 56-72 U.S. dollars per kilo and at the moment around 600 tons of wild lobsters are exported to China from around Australia every year.


"The common size they are sold at is around one kilogram Cheap NFL Jerseys Free Shipping , but they can grow to five kilograms or over," Smith said.


A unique feature of the rock lobster which makes it even more sought after, is that the animal has slightly firmer flesh than other crayfish, allowing it to be eaten raw as sashimi.


China, Brunei to boost ties


Rally held in London calling to maintain rights after Brexit


Guterres attends press conference on 72nd session of UN General Assembly


Monaco draw with Leipzig in UEFA Champions League


Bird's-eye view of Zibo City in east China


Fire drill held in S China's Guangxi


China, Pakistan air forces hold joint training exercises


Pic story: Chinese grape and wine expert


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