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Invest Hong Kong encourages Wuhan high-tech enterprises to go global (with photo)
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     Invest Hong Kong promoted the business advantages of Hong Kong and encouraged Mainland Chinese high-tech companies to "go global" at a seminar held in Wuhan today (March 21).

     The seminar, entitled "Hong Kong - Platform for the Innovation Technology Sector to go Global", was organised by Invest Hong Kong in partnership with the Commercial Office of the Economic Affairs Department of the Liaison Office of the Central People's Government (CPGLO) in the HKSAR, and supported by the Department of Outward Investment and Economic Cooperation, Ministry of Commerce of the PRC.

     Associate Director-General at Invest Hong Kong, Miss Victoria Tang; Head of Commercial  Office of the Economic Affairs Department of the CPGLO, Mr Yang Yi; and Director-General of the Department of Commerce of Hubei Province, Mr Zhou Xianwang, delivered welcoming remarks at the event. Supporting organisations included the Department of Commerce of Hubei Province; the Federation of Industry and Commerce of Hubei Province; Wuhan Bureau of Commerce; Wuhan Federation of Industry and Commerce as well as the Administrative Committee of Wuhan East Lake Hi-tech Development Zone.

     Highlighting Hong Kong's business advantages and the opportunities available for Wuhan's high-tech companies, Miss Tang said, "Wuhan companies can benefit from developing their innovation technology industries in Hong Kong. They can make use of its advanced infrastructural facilities and excellent R&D resources, and leverage on Hong Kong as the platform for putting innovative ideas into practice, and marketing their products and technologies worldwide to enhance their competitiveness internationally. The strengths of Hong Kong in capital raising together with its deep pool of talent and wealth of experience will be of help to Wuhan companies as they develop their overseas markets.

     "As an international city in Asia, Hong Kong has well-developed service industries in which the strengths of its finance, insurance, accounting and legal services are closely intertwined to form a coherent system. During his visit to Hong Kong in August last year, Vice-Premier Li Keqiang also stressed Hong Kong's enduring advantages in the service industries, which can help Mainland companies develop their overseas markets, and further enable Hong Kong's development as an ideal platform for Mainland companies to expand their global operations," Miss Tang added.

     At the seminar, Head of Innovation and Technology sector of InvestHK, Mr Simon Tsang; Senior Manager, Marketing and Sales of Hong Kong Science and Technology Parks Corporation (HKSTP), Mr Ricky Ma; Representative of Eastern China of Hong Kong Exchanges and Clearing Ltd, Mr Anderson Han; and partner of SAIF Partners, Mr Brandon Lin, spoke about Hong Kong's business advantages in innovation and technology, HKSTP's infrastructure facilities, the listing requirements in Hong Kong and how the city's financial services sector can help the development of high-tech companies. Executive Director of BGI Hong Kong Co Ltd, Mr Alex Wong, also shared his experiences in setting up a high-tech company with strong R&D content 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 enters its 12th year of operation, Invest Hong Kong has completed over 2,400 investment projects creating over 29,000 new jobs in the first year of operation or expansion and HK$62 billion of investment. For more information, please visit www.investhk.gov.hk.

     For event photos, please visit www.flickr.com/photos/investhk/sets/72157629632652525/.

Ends/Wednesday, March 21, 2012
Issued at HKT 16:51

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