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Invest Hong Kong encourages Mainland companies to "Go Global" leveraging Hong Kong's service industry expertise (with photos)

     Invest Hong Kong (InvestHK) today (September 8) encouraged Mainland enterprises to build their brands and access the world market through Hong Kong, promoting the city's services industry advantages at a press conference and seminar at the 16th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian Province.

     Entitled "Hong Kong - Your Platform to Go Global: Capitalising on Hong Kong's Service Industry's expertise for International Expansion", the seminar began with remarks from the Acting Director-General of Trade and Industry of the Hong Kong Special Administrative Region (HKSAR) Government, Ms Carol Yuen; the Deputy Director of General of Ministry of Commerce of the People's Republic of China Department of Outward Investment and Economic Cooperation, Fang Wei; the Deputy Director-General of the Economic Affairs Department and Head of the Commerce Office, Liaison Office of the Central People's Government in the HKSAR, Yang Yi; and Associate Director-General of Investment Promotion, Miss Victoria Tang.

     In her keynote speech, Ms Yuen said, "As an international financial, trade and shipping centre, Hong Kong has always been active in regional and international economic affairs. In the process of fast national economic development, Hong Kong also ranks as the best platform for mainland companies to 'Go Global'. Using Hong Kong as their base to 'Go Global' fits the needs and interest of Mainland enterprises, as they seek to lift their competitiveness and look overseas for growth and investment." Ms Yuen added, "Hong Kong is also known for its well-developed service industries, offering marketing skills, international connectivity and a rich pool of professionals that make it a unique platform in Asia."

     In highlighting the business advantages of Hong Kong, Miss Tang said, "The HKSAR Government is committed to offering a business-friendly environment, an open economy, world-class infrastructure, free flows of capital and information, and professionals equipped with an international perspective and knowledge about the Mainland China market. Our city is an excellent testing ground for Mainland companies to 'Go Global' and access the world market."

     Miss Tang emphasised Hong Kong's mature and well-established service industry system. "It offers a wide range of quality professional services in financing, legal, accounting, insurance, brand marketing and so on, which highlight the strength of Hong Kong in assisting Mainland investors to 'Go Global'," she said.

     She indicated that InvestHK will continue to support the national policy of "going global" by enhancing the promotion of its services in high-growth Mainland cities, and encouraging Mainland companies to devote resources to brand-building in the international arena by leveraging on Hong Kong's advantages in the service industry.

     In today's seminar, Senior Relationship Manager in Business Development Department, Corporate Banking Division of The Bank of East Asia, Ltd, Liu Kai-Cheong; Senior Manager, China Tax & Business Advisory Services of Ernst & Young, Lorraine Cheung; and Partner, Commercial of Deacons, Machiuanna Chu, spoke on how the Mainland's small and medium sized enterprises could benefit from Hong Kong's capital raising and risk management expertise, its offshore Renminbi business and securities market opportunities, its taxation regime and how the city's financial services sector can help Mainland enterprises in merger, acquisition and restructuring, how to assist Mainland companies to build their international operations, and listing requirements.

     2012 marks the 12th consecutive year that InvestHK has exhibited in the Hong Kong Pavilion at CIFIT. The exhibition showcased a wide spectrum of Hong Kong services and how the city can assist Mainland enterprises in expanding their overseas operations through its business and trade platform.

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 June 2012, InvestHK had completed over 2,600 investment projects, creating more than 30,000 new jobs in the first year of operation or expansion and HK$67 billion of investment. For more information, please visit .

     For event photos, please visit .

Ends/Saturday, September 8, 2012
Issued at HKT 17:15


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