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Invest Hong Kong today (May 12) staged a seminar in Guangzhou titled "Hong Kong - Your Platform to Go Global", during which Mainland enterprises were urged to upgrade and innovate in order to take advantage of new opportunities presented by the Central Government's latest Five-Year Plan. The seminar was organised jointly with the Hong Kong Trade Development Council and the Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality. It was held during the SmartHK exposition, of which Invest Hong Kong was a supporting organisation.
Hong Kong's advantages in the professional services industry were showcased at the seminar. With the city's financial services expertise as the main theme, the seminar highlighted Hong Kong's business environment and its advantages for Mainland enterprises, particularly in capital raising and as a base from which to develop overseas markets. Associate Director-General of Investment Promotion at Invest Hong Kong, Miss Victoria Tang, and Deputy Director-General of the Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality, Mr Chen Lei, delivered welcome speeches.
In her remarks, Miss Tang said, "Hong Kong and Guangzhou enjoy close geographical and cultural ties and a long history of co-operation. The flow of people, goods and capital has led to close integration between the two areas. The Hong Kong Government has dedicated resources to infrastructure and policy improvements to enhance these ties, including the construction of the Guangzhou-Shenzhen-Hong Kong Express Rail Link and committing to the Framework Agreement on Hong Kong/Guangdong Cooperation."
She added, "Located at the heart of Asia Pacific, all the region's key markets are within five hours' flight time of Hong Kong, which is very convenient to businesses based here. Low and simple tax, a diversified talent pool with international perspectives and professional knowledge in law, accounting and other professional services provide Mainland enterprises with quality and in-depth support to help them penetrate international markets."
Highlighting Hong Kong's position as a leading global financial centre, Miss Tang added, "Hong Kong is enjoying robust growth in its well-regulated financial services sector. The scale of its financial market, variety of products, and depth of experience meet international standards. Its positioning as an international financial centre and the Mainland's leading offshore centre for renminbi means that it is an ideal platform from which Mainland enterprises can raise capital and expand overseas."
At the seminar, Head of Investment Promotion (Guangzhou) at Invest Hong Kong, Miss Peggy Law; Guangzhou Special Representative, Hong Kong Exchanges and Clearing Ltd, Mr Franky Chung; Associate Director, CCB International, Ms Summer Luo; and Executive Committee Member and Chairman of the PRC Committee of the Hong Kong Venture Capital and Private Equity Association, Mr Conrad Tsang, spoke about Hong Kong's business environment and provided the latest information on the Hong Kong stock market, the criteria and preparation required to publicly list, and how to attract private equity investment.
Co-organisers of the seminar included the Commercial Office of the Economic Affairs Department of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, the Hong Kong Economic and Trade Office in Guangdong, and Hong Kong Exchanges and Clearing Limited. Supporting organisations included the Guangzhou Federation of Industry and Commerce, Guangdong SME Financing and Listing Promotion Association, the Association of Private Technology Enterprises in Guangzhou, The Association of Private Investment, Guangzhou, and the Guangzhou Federation of Industrial Economics.
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/72157626681060866.
Ends/Thursday, May 12, 2011
Issued at HKT 16:32
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