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Invest Hong Kong encourages Ningbo logistics and shipping enterprises to eye global expansion (with photo)
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     Logistics and shipping enterprises in Ningbo were encouraged to "Go Global" in a seminar hosted by Invest Hong Kong (InvestHK) today (October 11).

     The seminar, titled "Hong Kong - Your Platform to Go Global: Logistics, Maritime Development and Investment Opportunities", was co-organised by 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 with the support of the Department of Outward Investment and Economic Co-operation, Ministry of Commerce.

     Associate Director-General of Investment Promotion, Miss Victoria Tang; Deputy Director-General of the Economic Affairs Department and Head of Commerce Office of the Economic Affairs Department of the Liaison Office of the Central People's Government in the HKSAR, Mr Yang Yi; and Vice Director of Ningbo Foreign Trade and Economic Co-operation Bureau, Mr Li Xinhua delivered welcome speeches. Supporting organisations of the seminar included Ningbo Foreign Trade and Economic Co-operation Bureau, Ningbo Federation of Industry and Commerce, and the Ningbo Logistics Association.

     Highlighting Hong Kong's business advantages and opportunities available for Ningbo logistics and shipping companies, Miss Tang said, "With its strategic location, Hong Kong's maritime industry has a solid foundation and has responded promptly to changing global trends through constant enhancement of relevant supporting facilities.

     "The Central Government's 12th Five Year Plan has reaffirmed Hong Kong's status as an international financial, trade and shipping centre; we believe the strong export drive of the Mainland market together with improvements in knowledge and technology will provide the impetus for the logistics industry of Hong Kong to further develop and to offer better value-added services in the supply chain.

     "As Asia's World City, Hong Kong has well-developed service industries in which the finance, insurance, accounting and legal services are closely intertwined to form a coherent system. During his visit to Hong Kong in August this year, Vice-Premier Li Keqiang also stressed Hong Kong's enduring advantages in the service industries. These advantages could help Mainland companies expand their overseas markets, and further enable Hong Kong to develop as an ideal platform for Mainland companies to join hands with Hong Kong businesses to expand their global operations," Miss Tang added.

     At the seminar, Head of Transport and Industrial of InvestHK, Mr Benjamin Wong; Partner of Tax and China Business Advisory Services of PricewaterhouseCoopers Ltd, Ms Cathy Jiang; Director, Transaction Banking, Wholesale Banking of Standard Chartered Bank (HK) Ltd, Ms Celia Cheng; and Vice Chairman of Hong Kong Association of Freight Forwarding and Logistics and Greater China Affairs Sub-committee Chairman, Mr Louis Lee spoke on various matters relating to the business environment of Hong Kong, including Hong Kong's advantages in taxation and banking and the business opportunities in the maritime industry. They focused on encouraging Ningbo logistics and shipping companies to go global by leveraging on Hong Kong's excellent facilities and services, particularly its flexible and diversified capital raising platform.

     Chairman and CEO of Headwin Logistics Co Ltd, Mr Liu Bin, also shared the company's successful experience of setting up a logistics and shipping business in Hong Kong.

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 11th year of operation, Invest Hong Kong has completed over 2 300 investment projects creating over 28 000 new jobs in the first year of operation or expansion and HK$60 billion of investment. For more information, please visit www.investhk.gov.hk.

     For event photos, please visit:
www.flickr.com/photos/investhk/sets/72157627858856468/.

Ends/Tuesday, October 11, 2011
Issued at HKT 16:15

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