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Invest Hong Kong (InvestHK) today (May 13) hosted a "Hong Kong - Your Platform to Going Global" seminar and CEO luncheon in Nanjing, Jiangsu Province. The seminar was aimed at encouraging companies in eastern Mainland China to access overseas markets through Hong Kong.
The seminar showcased Hong Kong's business advantages and the latest developments in its modern service industry, as well as updating Jiangsu enterprise representatives on how their companies could expand overseas via Hong Kong. The event was jointly supported by the Department of Commerce of Jiangsu Province, the China Council for the Promotion of International Trade, Jiangsu Sub-Council, the Jiangsu Federation of Industry and Commerce, Jiangsu Chamber of International Commerce, and the Hong Kong Economic and Trade Office in Shanghai of the Hong Kong Special Administrative Region Government. InvestHK's Director-General of Investment Promotion, Mr Simon Galpin, and Representative of the Department of Commerce of Jiangsu Province, Mr Wang Cun, 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, plus a low and stable tax regime. Against this backdrop, it serves as an ideal testing ground for Mainland companies to 'go global'."
He continued, "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 Shanghai Investment Promotion Unit of Invest Hong Kong, Ms Ada Yeung, also gave a presentation during the seminar, highlighting Hong Kong's business advantages and opportunities, examples of successful Mainland companies set up in Hong Kong and the various types of free services and assistance that InvestHK can offer to Jiangsu companies that intend to set up in Hong Kong and go global.
Other speakers at the seminar included the Tax Principal, KPMG Tax Limited, Mr Stanley Ho; Representative, Beijing Representative Office, Hong Kong Exchanges and Clearing Limited, Ms Judy Huang; and General Manager, Zhongke Health International (Hong Kong) Ltd, Mr Winston Liu. Each talked about how Hong Kong's taxation regime benefits Mainland enterprises, why to list in Hong Kong and what services the city's capital market services firms could provide to help them go global. They also provided success stories about Jiangsu enterprises that had set up a business in Hong Kong.
Following the first seminar in Nanjing, the InvestHK delegation will head to Shanghai, to host the second seminar tomorrow (May 14) under the same theme, presenting Hong Kong's business advantages to local entrepreneurs.
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 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 of December 2014, Invest Hong Kong had completed over 3 440 investment projects, creating more than 37 500 new jobs in the first year of operation or expansion and over HK$91 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit: www.flickr.com/photos/investhk/sets/72157650284130543.
Ends/Wednesday, May 13, 2015
Issued at HKT 15:09
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