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Invest Hong Kong (InvestHK) today (August 12) hosted a "Hong Kong - Your Platform to Going Global" seminar in Hangzhou to encourage companies there to use Hong Kong's business advantages to expand overseas.
The seminar showcased Hong Kong's business advantages and the latest developments in its modern service industry, updating Hangzhou enterprise representatives on how their companies could expand overseas via Hong Kong. The event was organised by InvestHK and supported by the Department of Commerce of Zhejiang Province and the Hangzhou Sub-council of the China Council for the Promotion of International Trade. The Director-General of Investment Promotion, Mr Simon Galpin, and the Deputy Director of the Department of Commerce of Zhejiang Province, Mr Han Jie, delivered speeches during the seminar.
Outlining Hong Kong's enduring business advantages, Mr Galpin said, "Hong Kong is known for having a business-friendly environment, free flows of capital and information, free trade and a free market economy, a deep pool of international talent, world-class infrastructure and a sound and independent legal system, as well as a low and stable tax regime. Against this backdrop, it serves as an ideal testing ground for Mainland companies to 'go global'.
"As an international city in Asia, Hong Kong offers effective financial, insurance, accounting and legal services, all of which work together to create a comprehensive and modern service industry platform ready to assist Mainland companies. I would like to take this opportunity to encourage Mainland enterprises to make use of Hong Kong as the platform to connect with the world."
The Head of InvestHK's Shanghai Investment Promotion Unit, Mrs Mabel Yu, also gave a presentation during the seminar, highlighting Hong Kong's business advantages and opportunities, and case studies that showcase how InvestHK assists Mainland companies to "go global". She also explained the various types of free services and assistance that InvestHK can offer to Hangzhou companies.
Other speakers at the seminar included Director, Global Business Tax Services (Tax and Business Advisory Services), Deloitte Touche Tohmatsu, Mr Alfred Chan; Representative of Eastern China, Mainland Development of Hong Kong Exchanges and Clearing Ltd, Mr Mark Liu; and the Chief Executive Officer of Hundsun Technologies Inc, Mr Eddie Liu. Each spoke about Hong Kong's business advantages in their respective fields and encouraged Hangzhou enterprises to expand overseas using Hong Kong's facilities and services.
Following the seminar in Hangzhou, the InvestHK delegation will head to Wuxi, Jiangsu Province, to host a second seminar tomorrow (August 13) under the same theme, presenting Hong Kong's business advantages to local entrepreneurs.
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 June 2014, InvestHK had completed over 3 300 investment projects creating more than 36 400 new jobs in the first year of operation or expansion and over HK$88 billion of investment. For more information, please visit www.investhk.gov.hk.
For an event photo, please visit www.flickr.com/photos/investhk/sets/72157646255867811/.
Ends/Tuesday, August 12, 2014
Issued at HKT 15:15
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