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Invest Hong Kong joins forces with Guangdong and Macau governments to attract US companies (with photos)
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     Invest Hong Kong (InvestHK), the Department of Commerce of Guangdong Province (GDCOM) and the Macao Trade and Investment Promotion Institute jointly held a seminar in San Francisco today (November 6, San Francisco time) to promote their combined business advantages for US enterprises looking to expand in the three strategic locations in the Greater Pearl River Delta (GPRD) region.

     The seminar, entitled "Guangdong, Hong Kong and Macao: Your Ideal Business Partners in China", began with welcome remarks by the Commercial Counsellor of the Economic and Commercial Office of the Consulate-General of the People's Republic of China in San Francisco, Mr Xia Xiang, followed by opening remarks from the Director of the Hong Kong Economic and Trade Office in San Francisco, Ms Subrina Chow. Keynote speeches were delivered by Associate Director-General of Investment Promotion Mr Francis Ho; the Director-General of Fair Trade Bureau of GDCOM, Mr Yu Jinfu; and the Executive Director of the Macao Trade and Investment Promotion Institute, Ms Echo Chan.

     In his speech to about 300 senior business executives, Mr Ho highlighted Hong Kong's strategic location and its enduring advantages. He said, "Over the years, Hong Kong has evolved as an efficient international gateway both into and out of Mainland China, and as our nation opens up to the world, Hong Kong has leveraged its deep pool of international talent and knowledge of the Mainland market to transition into a new role as a connector between the Mainland and the international community."

     He outlined the list of enduring advantages Hong Kong offers, including its strategic location close to Mainland China and major Asian markets, the rule of law, the low and simple tax regime and free flows of people, capital, information and ideas, plus new opportunities arising from the continued integration of the Mainland and Hong Kong economies and the city's role as a premier offshore Renminbi business centre.

     Mr Yu said, "Guangdong is committed to the Happy Guangdong campaign, which aims to accelerate the province's economic development and hence will bring tremendous opportunities for US investors and traders."

     Ms Chan said, "Macau has been moving forward to become a world tourism and leisure destination and an economic and trade co-operation platform for China and Portuguese-speaking countries, as well as to promote the city's moderate economic diversification."

     Other speakers at the seminar included the Director of Cloud and Service Provider Markets at Equinix Asia Pacific, Mr Eric Hui, and the Business Development Manager of Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co Ltd, Mr Albert Chui, who shared practical tips on doing business in Hong Kong and the Mainland markets.

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 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 event photos, please visit www.flickr.com/photos/investhk/sets/72157649047043382/.

Ends/Friday, November 7, 2014
Issued at HKT 13:01

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