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Companies in Shanxi province were encouraged to make use of Hong Kong's enduring advantages to help them "go global" at a seminar entitled "Hong Kong - Your Platform to Go Global", hosted and organised by Invest Hong Kong (InvestHK) in Taiyuan city, Shanxi Province today (June 5).
Speakers at the seminar urged the companies to make use of Hong Kong's business advantages and the opportunities it offers to Mainland companies to expand internationally under the national policy of "going out". Co-operation support for the seminar was also provided by local co-organisers the Foreign and Overseas Chinese Affairs Office of Shanxi Provincial People's Government, the Department of Commerce of Shanxi Province, the CCPIT-Shanxi Organization and the Shanxi Province Economic and Information Committee. Director-General of Investment Promotion, Mr Simon Galpin, and Director General of Foreign and Overseas Chinese Affairs Office of Shanxi Provincial People's Government, Mr Zhang Zhichuan, delivered welcome speeches.
Elaborating on Hong Kong's enduring business advantages and how best Mainland companies could use Hong Kong as a platform to expand business to international markets, Mr Galpin said, "The past decades have seen Shanxi province fast develop to demonstrate huge economic potential. As the ties between Shanxi province and Hong Kong continue to strengthen, corporations from the province could make use of Hong Kong's business-friendly environment, its free trade and free market economy, diversified talent pool, world-class infrastructure, sound and independent legal system, low tax regime as well as its strategic location. Against this backdrop, Hong Kong 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, Shanxi companies can leverage on Hong Kong's diversified and high quality professional service providers and international marketing experience to expand their global business," Mr Galpin continued.
Head of the Transport and Industrial sector team at InvestHK, Mr Benjamin Wong, also gave a presentation during the seminar highlighting Hong Kong's business advantages and opportunities, in particular those in the industrial and mining sector, and the various free services and assistance that InvestHK could offer to Mainland companies that intend to set up in Hong Kong and "go global".
Other speakers included a partner at KPMG, Ms Susana Gao, and Vice President of Taiyuan Iron & Steel (Group) Company Ltd, Mr Chai Zhiyong, who shared their knowledge and experience of investment in the context of Hong Kong's advantages and business environment.
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/72157629887681056/.
Ends/Tuesday, June 5, 2012
Issued at HKT 15:48
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