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Invest Hong Kong (InvestHK) today (November 12) hosted a "Hong Kong - Your Platform to Going Global" seminar and CEO luncheon in Guiyang, Guizhou Province, to encourage companies in West China to use Hong Kong's business advantages and the opportunities it offers under the national policy of "going global" to expand into overseas markets.
The seminar showcased Hong Kong's business advantages and the latest developments in its modern service industry, updating Guizhou enterprise representatives on how their companies could expand overseas via Hong Kong. The event was organised by InvestHK and supported by the Hong Kong Economic and Trade Office in Chengdu of the Government of HKSAR, the Department of Commerce of Guizhou Province, and the Guizhou Federation of Industry and Commerce. The Director-General of Investment Promotion, Mr Simon Galpin; the Director of Hong Kong Economic and Trade Office in Chengdu of the Government of HKSAR, Mr Danny Lau, and the Deputy Secretary-General of the People's Government of Guizhou Province, Chairman of CCPIT Guizhou Committee, and the Deputy-Director of the Department of Commerce of Guizhou Province, Mr Sun Dengfeng, delivered speeches during the seminar.
In 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," Mr Galpin added.
The Head of InvestHK's China Business, Ms Loretta Lee, also gave a presentation during the seminar, highlighting Hong Kong's business advantages and opportunities, and the various types of free services and assistance that InvestHK can offer to Guizhou companies that intend to set up in Hong Kong and 'go global'.
Other speakers at the seminar included, Director, Reanda Lau & Au Yeung (HK) CPA Limited, Mr Ringo Chan; Assistant General Manager, Corporate Banking and Financial Institutions, Bank of China (Hong Kong), Mr Marvin Lo; and Chief Immigration Officer, CDETO, Mr Tang Wing-kwong. Each talked about how Hong Kong's taxation regime benefited Mainland enterprises and the financial services the city could provide for them to go global. They also provided the latest information about work visa arrangements for entry to Hong Kong from Mainland China, and encouraged Guizhou enterprises to expand overseas using Hong Kong's facilities and services.
Following the seminar in Guiyang city, the InvestHK delegation will head to Xi'an, Shaanxi Province, to host the second seminar on Friday (November 14) under the same theme of the West China Roadshow, presenting Hong Kong's business advantages to local entrepreneurs.
About InvestHK
InvestHK is the department of the HKSAR 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 June of 2014, Invest Hong Kong 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.
Ends/Wednesday, November 12, 2014
Issued at HKT 18:07
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