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Among the three markets supported by the new Asia to Europe nextday delivery service, the EU is already the two trading entities inthe world. In 2008, the EU's imports from China increased by 6.5%.Singapore recently announced that the European Union has risen tobecome its trading partner.
In addition, the European Union is also the second largestexport market for Hong Kong's electronics industry. And electronicproducts are the variety that accounts for a share of Hong Kong'sexports, accounting for more than half of Hong Kong's total exportsin 2008.
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This service upgrade is part of FedEx's long-term efforts tostrengthen Asia Europe connections for customers. The serviceimprovements made by FedEx in the Asian and European marketsinclude the opening of industry wide direct flights to Europe inMarch 2005;
In September 2005, with the opening of overnight flights betweenChina and India, the transportation capacity between Europe andAsia doubled.
In February 2009, FedEx launched its Asia Pacific hub located inGuangzhou, which can closely connect the Asia Pacific region withEurope through FedEx's unique European one day delivery network,demonstrating FedEx's long-term commitment to providing betterservice and connectivity for Asian businesses.