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Invest Hong Kong (InvestHK) today (March 14) hosted a "Hong Kong - Your Platform to Going Global" CEO Dinner Seminar in Wuhan, encouraging Hubei companies to expand overseas by leveraging Hong Kong's business advantages to achieve the national imperative of "going global".
The seminar explained Hong Kong's advantages in the services sector, in particular in the transport and industrial fields, and how companies in Hubei could use Hong Kong as a platform to expand their business to international market. The Department of Commerce of Hubei Province and the Wuhan Municipal Bureau of Commerce were the event co-organisers. The Director-General of Investment Promotion, Mr Simon Galpin, and the Deputy Director-General of the Department of Commerce of Hubei Province, Mr Yuan Yajie, delivered speeches during the seminar.
Elaborating on Hong Kong's enduring business advantages, Mr Galpin said, "Hong Kong ranks highly for its business-friendly environment, absence of foreign exchange controls, free flow of information, free trade and free market economy, diversified talent pool, world-class infrastructure and 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".
"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. As the bridge between the Mainland and international markets, Hong Kong facilitates Mainland companies' global expansion with its pool of diversified and professional service providers and international marketing experience," Mr Galpin continued.
InvestHK's Head of Transport and Industrial, Mr Benjamin Wong, also gave a presentation and shared successful cases during the seminar, not only showcasing the support from the Hong Kong Government, but also highlighting Hong Kong's business advantages and opportunities in the transport and industrial sectors, and the various types of free services and assistance that InvestHK can offer to Hubei companies that intend to set up in Hong Kong and "go global".
The Wuhan CEO Dinner Seminar was the second leg of InvestHK's Hubei Province roadshow. The first leg encompassed investment promotion enterprise visits yesterday (March 13) in Yichang, during which the InvestHK delegation presented Hong Kong's business advantages to local entrepreneurs, and promoted Hong Kong as the ideal platform for Mainland companies to "go global".
About Invest Hong Kong
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 December 2012, InvestHK has completed over 2 700 investment projects creating over 32 000 new jobs in the first year of operation or expansion and HK$69 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit www.flickr.com/photos/investhk/sets/72157632973540979/.
Ends/Thursday, March 14, 2013
Issued at HKT 18:37
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