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Invest Hong Kong (InvestHK) hosted a seminar in Nanning, Guangxi Zhuang Autonomous Region, today (May 21) to encourage Guangxi enterprises to "go global" and access overseas markets through Hong Kong.
The seminar, entitled "Hong Kong - Platform to Go Global", was organised by InvestHK in partnership with the Trade Office of the Economic Affairs Department of the Liaison Office of the Central People's Government (CPGLO) in the Hong Kong Special Administrative Region (HKSAR), the Department of Commerce of Guangxi Zhuang Autonomous Region, and the Hong Kong Economic and Trade Office in Guangdong (GDETO) of the HKSAR Government. It was supported by the Department of Outward Investment and Economic Cooperation of the Ministry of Commerce.
Associate Director-General of Investment Promotion Mr Francis Ho; the Deputy Director-General of the Economic Affairs Department and Head of the Commerce Office of the CPGLO in the HKSAR, Mr Yang Yi; and the Deputy Director-General of the Department of Commerce of Guangxi Zhuang Autonomous Region, Mr Huang Huansheng, delivered welcome remarks at the event.
Commenting on Hong Kong's business advantages and the opportunities it has to offer Guangxi companies, Mr Ho said, "Both Guangxi and Hong Kong belong to the Pan-Pearl-River Delta economy zone. Guangxi and Hong Kong have had close economic ties with frequent contact over many years in a wide range of aspects such as economy and trade, investment, science and technology, and tourism. Hong Kong is also a key conduit and the biggest source of foreign investment of Guangxi and a trade partner. 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 low and stable tax regime. Against this backdrop, it serves as an ideal testing ground for Mainland companies to 'go global'."
The Head of the Guangzhou Investment Promotion Division of InvestHK, Mrs Mabel Yu, also gave a presentation during the seminar. She highlighted Hong Kong's business advantages and opportunities, cited the successful Mainland companies set up in Hong Kong and explained the various types of free services and assistance that InvestHK can offer to Guangxi companies that intend to set up in Hong Kong and "go global".
Other speakers at the seminar included Director, Tax & Business Advisory Services of Deloitte, Ms Annie Lau; Assistant General Manager, Corporate Banking and Financial Institutions, Bank of China (Hong Kong), Mr Marvin Lo; Assistant Vice President, Mainland Development Division, Hong Kong Exchanges and Clearing Ltd, Mr Matthew Wang; Immigration Officer, GDETO, Mr Wong Kwan-nok; and the Executive Vice President, Shenguan Holdings (Group) Limited, Mr Wen Jinpei. They talked about how Hong Kong's taxation regime benefits Mainland enterprises, what services the city's capital market services firms could provide for them to "go global" and the latest developments of the securities market in Hong Kong. They also spoke on success stories from Guangxi enterprises that had set up a business in Hong Kong, and encouraged other firms to leverage Hong Kong's well-developed facilities and services to "go global".
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 at December of 2014, InvestHK 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 an event photo, please visit www.flickr.com/photos/investhk/sets/72157653018459192.
Ends/Thursday, May 21, 2015
Issued at HKT 12:10
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