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Invest Hong Kong and Hebei enterprises "Go Global" hand-in-hand
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     Invest Hong Kong today (March 18) held an investment promotion event to encourage potential Hebei business investors to use Hong Kong as a platform to "Go Global" by leveraging on the advantages offered by the city's financial and professional services. The seminar, titled "Hong Kong - A Platform for Mainland Enterprises to Go Global", was the first official investment promotion event hosted by Invest Hong Kong in Hebei province.

     During the seminar, Associate Director-General of Investment Promotion at Invest Hong Kong, Miss Victoria Tang remarked, "Hong Kong is the ideal platform for Mainland enterprises to raise funds because the city is a world class financial, trade and logistics centre with free flow of capital and information, and low and simple tax. Besides, the diversified talent pool in Hong Kong can assist Mainland enterprises to enhance their risk management skills and corporate governance capabilities during their overseas expansion. With all these enduring advantages, Hong Kong is well positioned as the ideal platform for Mainland enterprises to 'Go Global'. "

     Co-organisers of the seminar were the Department of Commerce of Hebei Province, and Hong Kong and Macao Affairs Office of Hebei Province. Supporting organisations included the China Council for the Promotion of International Trade Hebei Sub-Council, Hebei Federation of Industry and Commerce, and Kong Kong Chamber of Commerce Hebei Liaison Office. Deputy Director-General of Hebei Provincial Department of Commerce, Mr Zhong Jian attended the seminar.

     Invest Hong Kong invited speakers to give presentations on Hong Kong's advantages in capital raising, taxation, legal and financial services that are of interest to potential investors interested to set up or expand in Hong Kong. The speakers included the Chief Representative of Beijing Representative Office of Hong Kong Exchanges and Clearing Ltd, Mr Ren Guangming; Board of Directors and CEO of Fortune International Asia Ltd, Mr John Li; Director and Resident Partner of Beijing Yingke Law Firm Hong Kong Office, Mr Chris Wong; and Trade Sales Team Head of HSBC Bank (China) Beijing Branch, Mr Anthony Pan.

     A Hebei enterprise, Hebei State-Owned Holding Guarantee Group Co Ltd, with the assistance of Invest Hong Kong, will launch its Hong Kong operation this month. Its Assistant General Manager Ms Zheng Qunying shared the company's successful experience in setting up in Hong Kong.

     To support Mainland enterprises to implement their "Go Global" strategy, Invest Hong Kong can provide Mainland enterprises with a "Step-by-Step Guide to Invest in Hong Kong" and free consultancy services including assistance with licensing, visa arrangements and networking opportunities. Its four investment promotion units (IPUs) in Beijing, Shanghai, Chengdu and Guangzhou complement the Department's sector teams in Invest Hong Kong's headquarters, and provide professional advice to enterprises that are on the priority list of industries in Hebei's "Go Global" plan, namely mining, overseas acquisitions and contract outsourcing.

About Invest Hong Kong

     Invest Hong Kong is the department of the Hong Kong Special Administrative Region (HKSAR) Government established in July 2000 to take responsibility for Foreign Direct Investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As it celebrates its 10th anniversary, Invest Hong Kong has completed over 2,100 investment projects creating over 26,000 new jobs in the first year of operation or expansion and HK$57 billion of investment. For more information, please visit www.investhk.gov.hk.

     For event photos, please visit www.flickr.com/photos/investhk/sets/72157626270948402/

Ends/Friday, March 18, 2011
Issued at HKT 18:23

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