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Suzhou's innovation and technology enterprises were encouraged today (March 31) by Director-General of Investment Promotion at Invest Hong Kong, Mr Simon Galpin, to use Hong Kong as a platform to "Go Global".
Mr Galpin introduced Hong Kong's business advantages to senior executives at a seminar entitled "Hong Kong-Your Platform to Go Global: Innovation and Technology". The investment promotion seminar was co-organised with the Suzhou Bureau of Commerce. Also speaking at the event was Deputy Director-General of Suzhou Bureau of Commerce, Mr Ren Hui.
Noting the rapid development of Suzhou Industrial Park and the city's electronics, biomedicine and green technology pillar industries, Mr Galpin reiterated Hong Kong's positioning as the ideal platform for Suzhou enterprises to "Go Global".
"Under the 'One country, Two systems' arrangement, Hong Kong has its own rule of law and free flow of information. As an international financial centre and the world's largest IPO issuer, Hong Kong is an ideal capital raising hub for Suzhou enterprises to set up their businesses in our city," he said.
Mr Galpin added, "The HKSAR Government is keen to drive the innovation and technology industry, which is offering tremendous opportunities for Suzhou enterprises to leverage on Hong Kong's infrastructure and diversified pool of talent to adopt international best practice before expanding their businesses overseas."
Head of Innovation and Technology at Invest Hong Kong, Mr Simon Tsang, highlighted the latest development and business opportunities presented by the electronics, biomedicine, and green technology sectors in Hong Kong. He also explained the HKSAR Government's support for the development of this industry through initiatives such as the HK$5 billion Innovation and Technology Fund, other subsidies for innovation and technology projects, and infrastructure like Hong Kong Science and Technology Parks, Cyberport, the Applied Science and Technology Research Institute and five R&D Centres.
The Investment Promotion Unit of Invest Hong Kong, which is based in Shanghai, stands ready to provide Suzhou enterprises with free advice and customised services during their business expansion into Hong Kong and using Hong Kong as a platform to "Go Global".
About Invest Hong Kong
Invest Hong Kong is a department of the Hong Kong Special Administrative Region (HKSAR) Government and was established in July 2000 to take responsibility for Foreign Direct Investment and to 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 it celebrates its 10th anniversary, Invest Hong Kong has completed over 2,100 investment projects, creating over 26,000 new jobs in the first year of operation or expansion and HK$57 billion of investment. For more information, please visit www.investhk.gov.hk.
Ends/Thursday, March 31, 2011
Issued at HKT 14:06
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