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SCED begins visit to Beijing
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     The Secretary for Commerce and Economic Development, Mr Algernon Yau, began his visit to Beijing today (May 9).
 
     ​Mr Yau called on a number of departments of the Ministry of Commerce to update them on the latest developments of Hong Kong in promoting trade and attracting business and investment, and exchange views.
 
     ​Mr Yau said that even in the face of protectionism and unilateralism, in particular the unreasonable coercion of the so-called reciprocal tariff, Hong Kong will continue to capitalise on the unparalleled advantages under "one country, two systems" to consolidate and enhance its status as an international trade centre, playing its dual roles of assisting Mainland enterprises to go global and attracting overseas investment. The Hong Kong Special Administrative Region Government will step up efforts in attracting enterprises and investment, explore more new markets and at the same time better integrate into the overall national development, seizing opportunities arising from the country's domestic circulation and giving full play to Hong Kong's roles as a "super connector" and "super value-adder" in addressing the changes in the global economic and trade landscape.
 
     ​In addition, Mr Yau met with representatives of Hong Kong enterprises in Beijing to learn about the latest local developments and business opportunities, and exchange views on the challenges faced by enterprises in the complex international environment.
 
     ​Mr Yau will proceed to Qatar tomorrow (May 10) to join the business delegation led by the Chief Executive, Mr John Lee, for a visit to the Middle East. During Mr Yau's absence, the Under Secretary for Commerce and Economic Development, Dr Bernard Chan, will be the Acting Secretary for Commerce and Economic Development.
 
Ends/Friday, May 9, 2025
Issued at HKT 18:00
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