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Invest Hong Kong encourages Mainland companies to "go global" by leveraging on Hong Kong's business advantages (with photo)
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     Invest Hong Kong (InvestHK) today (September 8) took part in a press conference and seminar at the 17th China International Fair for Investment & Trade (CIFIT) in Xiamen, Fujian Province. The investment promotion department of the Hong Kong Special Administrative Region (HKSAR) Government called on Mainland enterprises to build their brands and access the world market through Hong Kong.

     Entitled "Hong Kong - Platform to Go Global", the seminar was jointly organised by InvestHK, the Department of Outward Investment and Economic Cooperation of the Ministry of Commerce, the Trade Office of the Economic Affairs Department of the Liaison Office of the Central People's Government (CPGLO) in the HKSAR and the Hong Kong Economic and Trade Office in Guangdong. Supporting organisations included the Hong Kong and Macao Affairs Office of the Xiamen Municipal Government, the Xiamen Municipal Bureau of Commerce, the China Council for the Promotion of International Trade Xiamen Committee and the Xiamen General Chamber of Commerce.

     The seminar began with remarks from the Deputy Director-General of the Economic Affairs Department and Head of the Commerce Office of the CPGLO in the HKSAR, Mr Yang Yi; the Deputy Director General of the Department of Outward Investment and Economic Cooperation of the Ministry of Commerce, Mr Zhou Zhencheng, and Associate Director-General of Investment Promotion, Miss Victoria Tang.

     In highlighting the business advantages of Hong Kong, Miss Tang said, "The HKSAR Government is committed to offering a business-friendly environment, an open economy, world-class infrastructure, a low and stable tax regime, and professionals equipped with an international perspective and knowledge of the Mainland China market. Our city is an excellent testing ground for Mainland companies to 'go global' and access the world market."

     Miss Tang emphasised, "On the back of the country's economic growth and the national policy of encouraging enterprises to go global as stipulated in the National 12th Five-Year Plan, many Mainland enterprises have plans to expand overseas. As an international city with extensive international marketing networks, world-class financial markets, and free flows of capital and information, Hong Kong offers a good platform for Mainland enterprises aspiring to 'go global'. It offers a wide range of quality professional services in financing, law, accounting, insurance, brand marketing and so on, which highlight the strength of Hong Kong in assisting Mainland investors to expand their businesses overseas."

     Miss Tang indicated that InvestHK will continue to support the national policy of "going global" by enhancing the promotion of its services in high-growth Mainland cities, and encouraging Mainland companies to devote resources to brand-building in the international arena by leveraging on Hong Kong's business advantages.

     In today's seminar, the Chief Executive Officer, China & Hong Kong of Tricor Group, Mrs Natalia Seng; the Special Representative of Southern China, Hong Kong Exchanges and Clearing Ltd, Mr Franky Chung; and the Chief Brand Consultant and Chief Designer of Maxi Communications Ltd, Mr Charles Ng Chau-chun, spoke about Hong Kong's taxation regime and how the city's financial services sector can help Mainland enterprises in mergers, acquisitions and restructuring; Hong Kong securities market opportunities and listing requirements; and how Mainland companies can expand their domestic and international operations.

     2013 marks the 13th consecutive year that InvestHK has exhibited in the Hong Kong Pavilion at CIFIT. The exhibition showcases a wide spectrum of Hong Kong services and how the city can assist Mainland enterprises in expanding their overseas operations through its business and trade platform.

About Invest Hong Kong

     InvestHK is the department of the HKSAR Government established in July 2000 to take responsibility for Foreign Direct Investment and support overseas, Mainland and Taiwan 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 September 4, 2013, InvestHK had completed 3 000 investment projects creating more than 33 950 new jobs in the first year of operation or expansion and over HK$78.6 billion of investment. For more information, please visit www.investhk.gov.hk.

     For event photos, please visit www.flickr.com/photos/investhk/sets/72157635398272321/.

Ends/Sunday, September 8, 2013
Issued at HKT 17:02

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