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Invest Hong Kong (InvestHK) promoted Hong Kong's financial and business service advantages and encouraged companies in Jiangxi Province to "go global" via Hong Kong at a seminar held in Nanchang today (July 26).
The seminar, entitled "Hong Kong - Platform to Go Global", was organised by InvestHK in partnership with the Trade Office of the Economic Affairs Department of the Liaison Office of the Central People's Government (CPGLO) in HKSAR. It was supported by the Department of Outward Investment and Economic Cooperation, Ministry of Commerce of the People's Republic of China.
The Associate Director-General of Investment Promotion, Miss Victoria Tang; the Head of Trade Office and the Deputy Director-General of the Economic Affairs Department of the CPGLO in HKSAR, Mr Yang Yi; and the Deputy Director of Department of Commerce of Jiangxi Province, Mr Li Wenyao, delivered welcoming remarks at the event. Supporting organisations included the Department of Commerce of Jiangxi Province, the Federation of Industry and Commerce of Jiangxi Province, the CCPIT-Jiangxi Organisation, as well as the Hong Kong Economic and Trade Office in Guangdong.
Commenting on Hong Kong's business advantages and the opportunities available for Jiangxi companies, Miss Tang said, "On the back of Chinese economic growth, Jiangxi province has also seen sustained growth in its local economy. The province is one of the Mainland's major agricultural bases and advanced manufacturing also forms part of its economic development. Jiangxi has achieved great strides in the precision manufacturing of automobiles, aviation, metallurgical products, traditional Chinese medicines and biopharmaceuticals. As the economic ties between Jiangxi and Hong Kong continue to strengthen, corporations from Nanchang city and Jiangxi Province as a whole could leverage the advantages of Hong Kong in international trade and finance, using the city's capital raising, marketing and sourcing capabilities to reach out to the world for more business opportunities.
"Hong Kong has well-developed service industries which account for more than 90 percent of the city's GDP and provide enterprises with a wide range of support including finance, insurance, accounting and legal services. With its strengths in business services, Hong Kong provides a good platform for Mainland companies to 'go global'," Miss Tang added.
At the seminar, the Manager, Transport and Industrial, InvestHK, Mr Kenneth Mak; the Partner, Tax, KPMG Huazhen, Ms Jean Li; the Assistant General Manager, the Head of Corporate Marketing Management, Corporate Banking and Financial Institutions of Bank of China (Hong Kong), Ms Winnie Fan Wing Yu; the Deputy Representative of Southern China, Hong Kong Exchanges and Clearing Limited, Ms Angela Liu; and the Chairman of the Board and General Manager of Jiangxi PXSTEEL Industrial Co Ltd, Ms Tu Juan, spoke about Hong Kong's business advantages. In particular they examined how the city's financial services sector can help Mainland enterprises in mergers, acquisitions and restructuring. They also discussed how Mainland small - and medium - sized enterprises can benefit from Hong Kong's capital raising and risk management expertise, the city's offshore RMB business, its securities market and listing requirements,. They also shared their experiences in setting up companies in Hong Kong and encouraged enterprises in Jiangxi to make use of Hong Kong's diversified fund raising platforms to "go global".
About InvestHK
InvestHK is the department of the Hong Kong Special Administrative Region 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 at June 2012, InvestHK had completed over 2,600 investment projects, creating more than 30,000 new jobs in the first year of operation or expansion and HK$67 billion of investment. For more information, please visit www.investhk.gov.hk .
For event photos, please visit www.flickr.com/photos/investhk/sets/72157630708857072/ .
Ends/Thursday, July 26, 2012
Issued at HKT 14:55
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