Hong Kong Investment Promotion Conference - Zhejiang (Ningbo) Forum cum Ningbo-Hong Kong Economic Co-operation Forum held in Ningbo (with photos/video)
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Following the successful Hong Kong Investment Promotion Conferences in Beijing and Shanghai respectively in September and November last year, the Zhejiang (Ningbo) Forum, with the theme of "Hong Kong, joining hands with Zhejiang and meeting in Ningbo, the channel for more opportunities", brought together a number of business leaders from various sectors including finance, supply chain, innovation and technology (I&T) and professional services to share their insights on Hong Kong's advantages and opportunities in different areas and attracted more than 600 participants. The concurrent Ningbo-Hong Kong Economic Co-operation Forum has been held alternately in Hong Kong and Ningbo every year since 2002 to facilitate bilateral exchanges and co-operation on economic, trade and investment and has been well received by the business communities of the two places.
Addressing the opening ceremony, Mr Lee said he is pleased to attend the High-Level Meeting cum the First Plenary Session of the Hong Kong/Zhejiang Co-operation Conference together with the Secretary of the CPC Zhejiang Provincial Committee, Mr Wang Hao, yesterday to witness the establishment of the Hong Kong/Zhejiang Co-operation Conference Mechanism, symbolising a new stage of comprehensive exchanges and co-operation between Hong Kong and Zhejiang. Mr Lee noted that Ningbo in Zhejiang Province is a manufacturing and port hub in the Yangtze River Delta, while Hong Kong is an international financial, trade and shipping centre. Both Ningbo and Hong Kong are important gateways in the opening up of the country, with complementary advantages and limitless opportunities for collaboration. Hong Kong is the largest source of external investment in Ningbo and more than 1 000 enterprises and institutions from Ningbo have been established in Hong Kong, reflecting the close economic and trade ties between the two places.
Mr Lee said that under the "one country, two systems" principle, Hong Kong possesses unique advantages of having the strong support of the country while maintaining unparalleled connectivity with the world, serving as a "super connector" and "super value-adder". Hong Kong acts as a two-way springboard for Mainland enterprises to go global and for attracting overseas enterprises. Despite the United States' bullying and unjustified imposition of tariffs, and the emergence of unilateralism that disrupted the global landscape and geopolitics and posed risks of economic destruction and recession, the country's immense economic strength and vast market provide certainty for global investors, and a new economic and trade order is taking shape. Hong Kong will continue to proactively serve Mainland enterprises in going global to explore international markets, and attract overseas enterprises to tap into the Mainland market.
Members of the HKSAR Government delegation attending the Conference included the Deputy Financial Secretary, Mr Michael Wong; the Secretary for Commerce and Economic Development, Mr Algernon Yau; the Director of the Chief Executive's Office, Ms Carol Yip; the Under Secretary for Financial Services and the Treasury, Mr Joseph Chan; the Director-General of Investment Promotion, Ms Alpha Lau; and the Commissioner for Industry (Innovation and Technology), Dr Ge Ming.
The Executive Deputy Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Zhou Ji; Member of the Standing Committee of the CPC Zhejiang Provincial Committee and the Secretary of the CPC Ningbo Municipal Committee, Mr Peng Jiaxue; Vice Governor of the Zhejiang Provincial People's Government Mr Lu Shan; the Chief Engineer of the Ministry of Industry and Information Technology, Mr Xie Shaofeng; the Chief Risk Officer and the Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission, Mr Yan Bojin; and the Chairman of the HKTDC, Dr Peter Lam, also spoke at the opening ceremony.
In his remarks on promoting Hong Kong's advantages at a themed promotion activity, Mr Wong said that on finance, Hong Kong is the most trusted international financial safe haven for Mainland enterprises, offering diversified financing channels and financial services for companies to expand their businesses internationally. Regarding I&T, Hong Kong is in a golden age of development. The Northern Metropolis will serve as an important base for collaboration between the Mainland and Hong Kong on promoting I&T development. He invited Ningbo enterprises to visit the Northern Metropolis to explore opportunities for co-operation with Hong Kong.
Furthermore, Invest Hong Kong held a signing ceremony of a number of key Zhejiang-Hong Kong and Ningbo-Hong Kong co-operation projects, covering various sectors including finance, technology, transportation, aviation, I&T and consumer goods.
Co-founder of Casa Bauhinia in Ningbo Professor Anna Pao Sohmen was also invited to deliver a keynote speech to share the outlook of Zhejiang-Hong Kong and Ningbo-Hong Kong co-operation, encouraging Mainland enterprises to make good use of Hong Kong's business and investment platform. A number of Hong Kong business leaders also participated in the panel discussion as guests, including the Chairman of the Board of Directors of the Hong Kong Science and Technology Parks Corporation, Dr Sunny Chai; the Chief Executive Officer of the Hong Kong Exchanges and Clearing Limited, Ms Bonnie Chan; and the Chief Executive Officer of the Airport Authority Hong Kong, Mrs Vivian Cheung. They discussed the unique status and advantages of Ningbo and Hong Kong in I&T, finance and professional services, and explored ways to promote complementary strengths and shared prosperity. A key enterprise from Hangzhou also shared its successful experience in co-operating with and investing in Hong Kong.
In the afternoon, the HKSAR Government, the HKTDC and relevant authorities of the Ningbo Municipal People's Government jointly organised three special promotion activities on finance, multinational supply chain management centre and I&T to promote investment in Hong Kong, during which Mr Chan, Ms Lau and Dr Ge delivered speeches. A number of government officials, relevant experts and representatives of enterprises of the two places also spoke and shared their successful experiences at the events, which helped deepen local enterprises' understanding of Hong Kong's advantages and opportunities in the respective sectors, with a view to attracting more Mainland enterprises to partner with Hong Kong to achieve mutual benefits.
Mr Lee and the delegation departed for Hong Kong this afternoon.
Ends/Friday, April 25, 2025
Issued at HKT 19:38
Issued at HKT 19:38
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CE attends Hong Kong Investment Promotion Conference - Zhejiang (Ningbo) Forum cum Ningbo-Hong Kong Economic Co-operation Forum