Invest Hong Kong encourages Qinhuangdao enterprises to "go global" through Hong Kong (with photo)
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     Invest Hong Kong (InvestHK) hosted a seminar in Qinhuangdao today (July 7), encouraging Qinhuangdao enterprises to "go global" and access overseas markets through Hong Kong.

     The seminar, entitled "Hong Kong - Platform to Go Global", was organised by InvestHK in partnership with the Office of the Government of the Hong Kong Special Administrative Region (HKSAR) in Beijing and 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 of the Ministry of Commerce and the Municipal People's Government of Qinhuangdao.

     Supporting organisations included the Liaison Office of the Municipal People's Government of Qinhuangdao in Beijing, the Bureau of Commerce of Qinhuangdao, the China Council for the Promotion of International Trade Qinhuangdao Branch and the Qinhuangdao Federation of Industry and Commerce. Associate Director-General of Investment Promotion Mr Francis Ho; the Deputy Director-General of the Economic Affairs Department and Head of the Commerce Office of the CPGLO in the HKSAR, Mr Yang Yi; and the Mayor of the Municipal People's Government of Qinhuangdao, Mr Zhang Ruishu, delivered welcome remarks at the event.

     Commenting on Hong Kong's business advantages and the opportunities it has to offer Qinhuangdao companies, Mr Ho said, "On the back of its geographic advantages and economic base, the city of Qinhuangdao has enjoyed fast economic development in recent years. Upon the country's policy of encouraging enterprises to 'go global', the internationalisation of Qinhuangdao enterprises has become inevitable. Hong Kong is known for having a business-friendly environment, free flows of capital and information, free trade and a free market economy, a deep pool of international talent, world-class infrastructure and a low and stable tax regime. Against this backdrop, it serves as an ideal testing ground for Mainland companies to 'go global'."

     The Head of InvestHK's North and Central China Investment Promotion, Mr Matt Hu, also gave a presentation during the seminar, highlighting Hong Kong's business advantages and opportunities, examples of successful Mainland companies set up in Hong Kong and the various types of free services and assistance that InvestHK can offer to Qinhuangdao companies that intend to set up in Hong Kong and "go global".

     Other speakers at the seminar included Partner, Tax, KPMG Advisory (China) Limited, Mr Michael Wong; Branch Manager, Hang Seng Bank (China) Limited Beijing Branch, Ms Stella Wu; Representative, Beijing Representative Office, Mainland Development, Hong Kong Exchanges and Clearing Limited, Ms Judy Huang; Principal Immigration Officer, Immigration Division of the Office of the Government of the HKSAR in Beijing, Mr Benson Kwok; and the Board Chairman and General Manager of Hebei Port Group International (Hong Kong) Co Limited, Mr Yang Xiping. Each spoke about Hong Kong's business advantages and experiences in their respective fields and encouraged Qinhuangdao enterprises to expand overseas using Hong Kong's facilities and services.

About Invest Hong Kong

     InvestHK is the department of the 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 of December 2014, Invest Hong Kong had completed over 3 440 investment projects creating more than 37 500 new jobs in the first year of operation or expansion and over HK$91 billion of investment. For more information, please visit www.investhk.gov.hk.

     For event photos, please visit www.flickr.com/photos/investhk/sets/72157655334514711.

Ends/Tuesday, July 7, 2015
Issued at HKT 14:16

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