Invest Hong Kong (InvestHK), the People's Government of Liaoning Province and the Office of the Government of the Hong Kong Special Administrative Region (HKSAR) in Beijing co-hosted a seminar in Shenyang, Liaoning Province, today (July 26), encouraging local enterprises to leverage Hong Kong's business advantages and platform to seize the new investment opportunities and accelerate their expansion in overseas markets.

     The event, entitled "Unparalleled Opportunities to Expand Your Global Business - Liaoning to Hong Kong investment promotion seminar", was jointly organised by InvestHK, the Department of Commerce of Liaoning Province, the Hong Kong and Macao Affairs Office of the People's Government of Liaoning Province and the Office of the Government of the HKSAR in Beijing. It was also supported by the Shenyang Municipal Commerce Bureau, the Hong Kong and Macao Affairs Office of the People's Government of Shenyang Municipality and the Hong Kong Chamber of Commerce in Liaoning.

     InvestHK's Associate Director-General of Investment Promotion Dr Jimmy Chiang delivered welcoming remarks and a brief introduction on Hong Kong's business advantages via recorded video. Deputy Director of the Department of Commerce of Liaoning Province Mr Li Jun and the Director General of the Hong Kong and Macao Affairs Office of the People's Government of Liaoning Province, Mr Liu Tianyu, delivered welcoming remarks at the seminar in Shenyang and spoke on the latest economic and trade developments as well as the business environment between Liaoning and Hong Kong. The Assistant Director of the Office of the Government of the HKSAR in Beijing, Miss Vinci Chan, also delivered welcoming remarks at the seminar in Shenyang.

     Dr Chiang said, "Hong Kong is the largest source of foreign direct investment in Liaoning Province. The city is also the best platform for local enterprises to go global. The 14th Five-Year Plan clearly supports Hong Kong to consolidate and enhance its status as an international financial, transportation and trade centres, and establish itself as the centre for international legal and dispute resolution services in the Asia-Pacific region. The Plan also puts forward the support for Hong Kong to enhance its status in four emerging sectors, namely as an international aviation hub, an international innovation and technology hub and a regional intellectual property trading centre, as well as an East-meets-West centre for international cultural exchange, bringing countless opportunities to Hong Kong."

     He added that Hong Kong will continue to leverage its institutional strengths and core competitiveness under "one country, two systems", enhancing the city's role as a gateway, hub, platform and springboard into a more critical and proactive function. It is an ideal platform for enterprises to explore opportunities for overseas co-operation and business partnership, he said.

     In her remarks at the seminar, Miss Chan said, "This seminar is part of the celebrations of the 25th anniversary of the HKSAR's establishment. President Xi Jinping delivered an important speech at the meeting celebrating the 25th anniversary of Hong Kong's return to the motherland and the inaugural ceremony of the sixth-term government of the HKSAR. President Xi said we must fully and faithfully implement the principle of 'one country, two systems': 'The Central Government fully supports Hong Kong in its effort to maintain its distinctive status and edges, ... to keep its business environment free, open, and regulated, and to maintain the common law, so as to expand and facilitate its exchanges with the world.'" She expressed the belief that Hong Kong and Mainland enterprises, especially Liaoning enterprises, can complement each other, enhancing the competitiveness to open up greater markets.

     The Head of the North China Investment Promotion Unit of InvestHK in Beijing, Mr Andy Wu, also introduced the diverse services InvestHK offers Mainland clients at the event. Other speakers included Partner, Audit and Assurance, Northern Region, Capital Market Services Group, Deloitte China, Mr Raymond Ng; the Assistant Vice President, Mainland Development, Hong Kong Exchanges and Clearing Limited, Ms Cathy Hong; and the Principal Immigration Officer, the Office of the Government of the HKSAR in Beijing, Mr Wilson Au Yeung. They discussed Hong Kong's tax advantages, the latest developments in the financial market of Hong Kong, and the latest immigration schemes and services for Mainland residents going to Hong Kong. Finally, two representatives from local enterprises, Founding Partner and General Manager of North China, Union Intelligence, Ms Emily Yu, and Senior Partner, HY Bang Family Office, Mr Zhang Yaoyu, spoke on their experiences of how local enterprises leverage Hong Kong's international platform to expand overseas.

     For event photos, please visit www.flickr.com/photos/investhk/albums/72177720300795929.

Ends/Tuesday, July 26, 2022
Issued at HKT 11:45

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