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Invest Hong Kong (InvestHK) today (July 28) hosted a "Hong Kong - Your Platform to Go Global" seminar in Fuzhou, Fujian Province, encouraging companies in Fujian to leverage Hong Kong's business advantages to access overseas markets through Hong Kong.
The seminar showcased Hong Kong's business advantages and the latest developments in its modern service industry, updating Fujian company representatives on how their companies could expand overseas via Hong Kong. The event was jointly organised by the Department of Commerce of Fujian Province and the Hong Kong Economic and Trade Office in Guangdong of the Hong Kong Special Administrative Region (HKSAR) Government. It was also supported by co-organisers including the China Council for the Promotion of International Trade Fujian Sub-Council as well as the Fujian Province Federation of Industry and Commerce. The Director-General of Investment Promotion, Dr Simon Galpin, and the Deputy Director of the Fujian Province Department of Commerce, Mr Huang Dezhi, delivered welcome speeches during the seminar.
In outlining Hong Kong's enduring business advantages, Dr 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. It is also an ideal location for corporate treasury centres. In 2014, Hong Kong ranked second in global foreign direct investment inflows for the first time. Under the 'One Belt, One Road' policy, Hong Kong as a 'super-connector' between Mainland China and the rest of the world serves as a hub for service professionals in financing, logistics and transportation, as well as legal services and many other aspects. InvestHK would strengthen co-operation with the provinces and cities along the routes and jointly organise investment promotion activities to encourage companies in the regions to use Hong Kong as the platform to 'go global' and promote Hong Kong as the important hub as part of the policy."
The Head of the Guangzhou Investment Promotion Division of InvestHK, Mrs Mabel Yu, also gave a presentation during the seminar, highlighting Hong Kong's business advantages and opportunities, examples of the successful Mainland companies set up in Hong Kong and the various types of free services and assistance that InvestHK can offer to Fujian companies that intend to set up in Hong Kong and "go global".
Other speakers at the seminar included Partner, P C Woo & Co, Ms Emily Lam; Representative of Southern China, Hong Kong Exchanges and Clearing Ltd, Ms Angela Liu; Chief Immigration Officer, Hong Kong Economic and Trade Office in Guangdong, HKSAR Government, Mr Cheng Ka-lit; and the Vice Chairman of the Fujian General Chamber of Commerce, Chairman of Fujian Peak Group Co Ltd, Mr Xu Jingnan. Each talked about how Hong Kong's legal professional services assist Fujian enterprises to "go global", Mainland enterprises listing in Hong Kong, and visa arrangements for entry to Hong Kong from the Mainland. They also provided success stories from Fujian enterprises that had set up a business in Hong Kong.
Following the first seminar in Fuzhou, the InvestHK delegation will head to Quanzhou to host the second seminar tomorrow (July 29) 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 attract 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 2015, InvestHK had assisted over 3 700 companies which have created more than 40 200 new jobs in the first year of operation or expansion and over HK$99 billion of investment. For more information, please visit www.investhk.gov.hk.
For an event photo, please visit www.flickr.com/photos/investhk/sets/72157655826002328.
Ends/Tuesday, July 28, 2015
Issued at HKT 16:50
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