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Invest Hong Kong encourages Guangzhou companies to "Go Global" via Hong Kong (with photo)
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     Innovation and technology companies in Guangzhou were encouraged to make use of Hong Kong's enduring advantages to "Go Global" at a CEO luncheon hosted by Invest Hong Kong (InvestHK) in Guangzhou today (March 28). They were urged to make use of Hong Kong's business advantages and the opportunities offered to Mainland companies under the national policy of "going out" to expand to international markets via Hong Kong.

     During the luncheon, Guangzhou entrepreneurs were briefed on Hong Kong's advantages in the services sector, in particular in innovation and technology, and how Mainland companies could best use Hong Kong as a platform to expand business to international markets. The luncheon, titled "Hong Kong ¡V Your Platform to Go Global", was jointly organised by InvestHK, the Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality and Hong Kong Economic and Trade Office in Guangdong.  InvestHK's Director-General of Investment Promotion, Mr Simon Galpin, and the Bureau's Deputy Director-General, Mr Chen Lei, delivered welcome speeches.

     Elaborating on Hong Kong's enduring business advantages, Mr Galpin said, "Guangzhou and Hong Kong have long enjoyed close economic and trade relations, as reflected by the frequent flows of people, goods and capital between both places. Hong Kong ranks highly for its business-friendly environment, the absence of foreign exchange controls, free trade and free market economy, diversified talent pool, world-class infrastructure, sound and independent legal system, as well as its low tax regime. Against this backdrop, it serves as an ideal testing ground for Mainland companies to expand their overseas markets and 'go global'.

     "With Hong Kong as the gateway between the Mainland and international markets, Mainland companies can leverage on Hong Kong's diversified and professional service providers and international marketing experiences to expand their global business," Mr Galpin continued.

     The Head, Innovation and Technology at InvestHK, Mr Simon Tsang, also gave a presentation during the luncheon, highlighting Hong Kong's business advantages and opportunities, in particular those in the innovation and technology sector, and the various types of free services and assistance that InvestHK could offer to Mainland companies which intend to set up in Hong Kong and 'go global'.

     The Guangzhou CEO luncheon is part of a two-day roadshow in the province, followed by two similar events in Dongguan and Huizhou tomorrow (March 29), namely, the Roundtable in Dongguan and the CEO Dinner in Huizhou. The Roundtable meeting in Dongguan will be co-organised by InvestHK, Dongguan Foreign Trade and Economic Cooperation Bureau and Hong Kong Economic and Trade Office in Guangdong, at which Mr Galpin and the Vice-Director of the Dongguan Foreign Trade and Economic Cooperation Bureau, Mr Ye Guozhu, will give welcome remarks.

     Mr Galpin, the Vice Mayor of Huizhou Municipal Government, Ms Zhang Ying, and the Director of the Bureau of Foreign Trade and Economic Cooperation of Huizhou Municipality, Mr Wang Guangjun, will also deliver welcome speeches at the CEO Dinner in Huizhou, co-organised by InvestHK, the Bureau of Foreign Trade and Economic Cooperation of Huizhou Municipality and Hong Kong Economic and Trade office in Guangdong. The three events are part of InvestHK's Pearl River Delta area roadshow to promote Hong Kong as a gateway for Mainland companies to go global.

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. In its 12th year of operation, Invest Hong Kong has completed over 2,400 investment projects, creating more than 29,000 new jobs in the first year of their 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/72157629670612027/.

Ends/Wednesday, March 28, 2012
Issued at HKT 16:51

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