GS1 Hong Kong has announced that this coming October the organization will host its 8th Supply Chain Management Excellence Summit. You can read about it here. But you may be asking yourself, ‘Who cares?’ After all, the total population of Hong Kong is roughly only 7 million people. But that assumes you ignore that fact that, as validated by Research and Markets through its Espicom Business Intelligence report on the Hong Kong Medical Market, there are a few billion more reasons why you might care about Hong Kong.

It is a key transit point. Below, boldfaced and highlighted, is a statement from a news release about this report that so the important point won’t be missed:

Along with Singapore, Hong Kong ranks as one of Asia’s most prosperous economies. The territory acts as a hub for trade throughout the region, and especially as a conduit for trade in and out of the People’s Republic of China.

And remember: if it moves, it needs a label . . .