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Invest Hong Kong (InvestHK) today (May 10) held an investment promotion event in Tangshan to encourage Tangshan corporations to use Hong Kong as a platform to "go global" by leveraging on the advantages offered by Hong Kong's financial and professional services. The seminar, titled "Hong Kong - A Platform to Go Global", was the first investment promotion event hosted by InvestHK in Tangshan.
Jointly hosted by InvestHK and the Trade Office of the Economic Affairs Department of the Liaison Office of the Central People's Government in the Hong Kong SAR (EAD), the seminar was co-organised with the Department of Commerce of Hebei Province, Hebei Federation of Industry and Commerce and Tangshan Commerce Bureau. The seminar was also supported by the Ministry of Commerce of the People's Republic of China's Department of Outward Investment and Economic Cooperation. InvestHK Associate Director-General, Miss Victoria Tang, Deputy Director-General of EAD and Head of Commercial Office of EAD, Mr Yang Yi, Vice Mayor of Tangshan Government, Mr Cao Quanmin, and Deputy Director-General of Department of Commerce of Hebei Province, Mr Zhong Ji-an, delivered welcome speeches.
Miss Tang said: "Tangshan is a coastal industrial city with over a hundred years of history. It is a well-planned city and affluent with natural resources. The past 30 years has seen Tangshan transform into a modern city with huge economic potential. As the economic ties between Tangshan and Hong Kong continue to strengthen, Tangshan corporations could make use of Hong Kong as a platform to reach out for more business opportunities. For instance, companies in metal, mining and natural resources in Tangshan can use Hong Kong as an international financial, trade and logistics centre to raise funds and expand their established business globally." With regard to Tangshan's high quality ceramics manufacturing enterprises, Miss Tang added that "Hong Kong's creative talents can help them in branding, distributing and overseas marketing."
Elaborating on Hong Kong's enduring business advantages and the opportunities for Tangshan enterprises to "go global", Miss Tang said, "Hong Kong is a world class financial, trade and logistics centre with free flow of capital and information, and low and simple tax. The city's diversified talent pool 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 build its international operations and 'go global'."
Other speakers included Head of the Transport and Industrial team at InvestHK, Mr Benjamin Wong; Assistant General Manager and Head of Corporate Marketing Management, Corporate Banking and Financial Institutions of Bank of China, Ms Winnie Fan; Partner of tax service at Grant Thornton Jingdu Tianhua, Mr William Chan; General Manager of Hebei Iron & Steel (H.K.) Int'l Trade Co Ltd, TangGang (H.K.) Co Ltd, Mr Tian Jianguo; and Deputy Director of Capital Operation Department of Kailuan (Group) Co.,Ltd., Mr Zhou Yikun. They shared their knowledge and experiences of Hong Kong's advantages including how small and medium-sized enterprises can raise capital, the offshore Renminbi business, its laws and taxation regime, and other related Hong Kong investment and business environment experiences.
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 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/72157629644113254.
Ends/Thursday, May 10, 2012
Issued at HKT 15:57
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