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FS promotes investment opportunities for Indian companies

    The Financial Secretary, Mr John C Tsang, today (December 13) urged Indian entrepreneurs to take advantage of Hong Kong's position as both an international business centre in Asia and China's global financial centre.    

     Mr Tsang made the remarks during a high-level business mission to India. Speaking in Mumbai, he said Hong Kong offered a unique opportunity for Indian business people seeking a platform to do business in the Mainland of China.

     The Financial Secretary said that 10 years after reunification, Hong Kong enjoyed a much deeper relationship with the Mainland. He added that the city was working to enhance its unrivalled status as China's global financial centre by facilitating the flow of investment into and out of the Mainland.

     Mr Tsang visited the National Stock Exchange of India Ltd., and attended a lunch hosted by the Securities and Exchange Board of India in Mumbai. He later travelled to New Delhi where he attended a dinner hosted by the Indian Government.

     The Financial Secretary said Hong Kong and India had built up a strong friendship over many years, adding that the 30,000-strong Indian community in Hong Kong had an important part to play in the city's future development.

     He added that the "One Country, Two Systems" formula for reunification with the Mainland was working well, adding that Hong Kong people were running Hong Kong with a high degree of autonomy.

     Tomorrow (December 14), Mr Tsang will meet India's Minister of Finance, Mr P Chidambaram, and attend a business luncheon hosted by Standard Chartered Bank and a business seminar organised by the Hong Kong Trade Development Council.

Ends/Thursday, December 13, 2007
Issued at HKT 18:43


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