The Secretary for Financial Services and the Treasury, Mr Christopher Hui, and the financial delegation concluded their visit to Suzhou today (June 17) and departed in the afternoon for Shanghai, where they will attend the Lujiazui Forum in the evening. During their one-day stay in Suzhou, the delegation visited two enterprises and attended two networking events. They also met with the Secretary of the CPC Suzhou Municipal Committee and the Governor of the Jiangsu Branch of the People's Bank of China.

     Upon arrival in Suzhou yesterday (June 16) at noon, Mr Hui and the delegation proceeded to a networking luncheon organised by the Financial Services and the Treasury Bureau and engaged in in-depth discussions with representatives from 14 enterprises on how Hong Kong's investment and financing environment can support Chinese Mainland enterprises in going global as well as issues of concern to Mainland enterprises in the journey of going global. The discussion spanned a wide range of topics, such as cross-boundary financial support, international compliance requirements, cross-boundary tax planning, and the protection set-up for overseas industrial chains by establishing captive insurers. Member of the Standing Committee of the CPC Suzhou Municipal Committee and Executive Vice Mayor of the Suzhou Municipal People's Government, Jiangsu Province, Mr Gu Haidong, and officials from the Financial Commission Office of the CPC Suzhou Municipal Committee also attended.

     In his welcoming remarks, Mr Hui said, "Suzhou stands as a prominent manufacturing hub in the Yangtze River Delta. As the city launches its initiative to encourage Suzhou enterprises to go global, Hong Kong is undoubtedly your most reliable partner. We have the capabilities, expertise and global vision. We will work side by side with Suzhou enterprises in addressing challenges when they face risks or lack clear pathways in the journey of going global, supported by our wealth of professionals in finance, accounting, insurance, and legal services who are well versed in international markets and regulations. Hong Kong is well positioned to steer Suzhou enterprises through the waves as they expand overseas."

     On the afternoon of the same day, the delegation visited Jiangsu Jinfu Digital Tech Group Company Limited and toured its key laboratories on digital finance and AI-driven financial applications in the company of its Chairman of the Board, Ms Qiu Xiaolan. They then went to Innovent Biologics Inc and met with its Senior Vice President, Mr Daniel Ding, to exchange views. The company has been listed in Hong Kong and was included in the Hang Seng Index.

     In the evening, Mr Hui and the delegation attended a dinner hosted by Mr Gu.

     The delegation continued its visit to Suzhou this morning. Mr Hui and the Permanent Secretary for Financial Services and the Treasury (Financial Services), Mrs Angelina Cheung, called on the Secretary of the CPC Suzhou Municipal Committee, Mr Fan Bo. They discussed and exchanged views on the needs of Suzhou enterprises expanding their businesses overseas and the support that the Hong Kong financial sector can offer.

     They then joined the rest of the delegation to take part in a breakfast networking meeting with the Chairman of the Group Board, Zhongyifeng Holding Group Co Limited, Mr Gong Changyi, and Director of Zhongyifeng Holding Group, Mr Mo Lyuqun, ‎to learn about the company's development. The company has materialised the plan to establish in Hong Kong a holding subsidiary, which will engage in integrated energy management as well as the development of related software and hardware applications. 

     Before leaving Suzhou, the delegation met with the Governor of the Jiangsu Branch of the People's Bank of China, Mr Zhou Chengjun. They engaged in discussions on fintech and e-CNY (digital renminbi), and gained hands-on experience of distinctive use cases of e-CNY.

     Mr Hui and the delegation departed for Shanghai at noon today and will attend the Lujiazui Forum this evening.

Ends/Wednesday, June 17, 2026
Issued at HKT 13:55

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