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Invest Hong Kong (InvestHK) promoted the business advantages of Hong Kong and encouraged high-tech companies in the Mainland to "go global" at a seminar held in Xian today (June 14).
The seminar, entitled "Hong Kong - Platform for the Innovation Technology Sector to Go Global", was organised by InvestHK in partnership with the Trade Office of the Economic Affairs Department of the Liaison Office of the Central People's Government (CPGLO) in the HKSAR. It was supported by the Department of Outward Investment and Economic Cooperation, Ministry of Commerce of the PRC; Xian High-Tech Enterprises Association; and Xian High-Tech Zone Council for the Promotion of International Trade.
The Associate Director-General of Investment Promotion, Miss Victoria Tang; Head of Trade Office of the Economic Affairs Department of the CPGLO, Mr Yang Yi; and Deputy Director-General of Department of Commerce Shaanxi Province, Mr Zhao Yinyu, delivered welcoming remarks at the event. Other supporting organisations included the Hong Kong and Macao Affairs Office of Shaanxi Provincial People's Government, Department of Commerce of Shaanxi Province, CCPIT-Shaanxi Organization, the Federation of Industry and Commerce of Shaanxi Province and the Administrative Committee of Xian Hi-tech Development Zone.
Commenting on Hong Kong's business advantages and the opportunities available for Xian's high-tech companies, Miss Tang said, "The past years have seen Shaanxi province's economy thriving continuously and substantially. Today, Xian has developed into an important national High-Tech Industrial Development Base, encompassing digital information, aviation and aerospace, new materials, biomedicals and more. Xian companies can leverage the advantages of Hong Kong's innovation technology infrastructure and its quality research and development (R&D) talent when furthering their development. Hong Kong's expertise in capital raising, talent and IT experience can also help Mainland enterprises market their products and technologies worldwide and lift their global competitiveness.
"Hong Kong has well-developed service industries, which account for 90 per cent of the city's GDP and provide enterprises with a wide range of support including finance, insurance, accounting and legal services. During his visit to Hong Kong in August last year, Vice Premier Li Keqiang also highlighted Hong Kong's enduring advantages in service industries, encouraging Mainland companies to partner with Hong Kong companies and make use of the city as the platform to go global," Miss Tang added.
At the seminar, Head of the Innovation and Technology sector of InvestHK, Mr Simon Tsang; Chief Executive Officer, China & Hong Kong, Tricor Services Ltd, Ms Natalia Seng; Senior Manager, Marketing and Sales of Hong Kong Science and Technology Parks Corporation (HKSTP), Mr Ricky Ma; Representative of Beijing Representative Office, Hong Kong Exchanges and Clearing Ltd, Ms Judy Huang; and General Manager of Laboratory, Kingmed Diagnostics, Dr Hu Zhaohui, spoke about Hong Kong's business advantages in innovation and technology, its taxation regime and how the city's financial services sector can help Mainland enterprises in merger, acquisition and restructuring. They also spoke about Hong Kong's listing requirements, HKSTP's infrastructure facilities, and their experiences in setting up a high-tech company with flexible capital-raising channels and strong R&D content in Hong Kong.
About Invest Hong Kong
Invest Hong Kong is the department of the Hong Kong Special Administrative Region (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 December 31, 2011, Invest Hong Kong had completed over 2,400 investment projects, creating more than 29,000 new jobs in the first year of operation or expansion and HK$62 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit www.flickr.com/photos/investhk/sets/72157630047442763/.
Ends/Thursday, June 14, 2012
Issued at HKT 17:01
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