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Invest Hong Kong (InvestHK) today (March 20) hosted a "Hong Kong - Your Platform to Going Global" roundtable conference in Tianjin, aimed at encouraging companies in Tianjin to use Hong Kong's business advantages to expand overseas.
The conference showcased Hong Kong's business advantages and the latest developments in its modern service industry, updating representatives from Tianjin enterprises on how their companies could expand overseas via Hong Kong. The event was organised by InvestHK in collaboration with the Tianjin Commission of Commerce and the Tianjin Municipal People's Government Hong Kong and Macao Affairs Office. The Director-General of Investment Promotion, Mr Simon Galpin; the Vice Director-General of the Tianjin Commission of Commerce, Mr Xiao Dong; and the Deputy Director of the Tianjin Municipal People's Government Hong Kong and Macao Affairs Office, Mr Zhao Jianling, delivered speeches during the conference.
In outlining Hong Kong's enduring business advantages, Mr Galpin said, "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 sound and independent legal system, as well as a low and stable tax regime. Against this backdrop, it serves as an ideal testing ground for Mainland companies to 'go global'.
"As an international city in Asia, Hong Kong offers effective financial, insurance, accounting and legal services, all of which work together to create a comprehensive and modern service industry platform ready to assist Mainland companies. I would like to take this opportunity to encourage Mainland enterprises to make use of Hong Kong as the platform to connect with the world. Mainland enterprises should leverage Hong Kong's pool of diversified and professional service providers and their international marketing experience, to expand their businesses globally from Hong Kong."
The Head of InvestHK's North China Investment Promotion, Mr Matt Hu, also gave a presentation during the conference, highlighting Hong Kong's business environment and opportunities, and case studies that showcase how InvestHK assists Mainland companies to "go global". He also explained the various types of free services and assistance that InvestHK can offer to Tianjin companies.
Other speakers at the seminar included, Partner, Tax and China Business Advisory Services, PricewaterhouseCoopers Ltd, Ms Cathy Jiang; President of CCB Trust Fortune Investment Fund, Mr Wang Qi; Representative, Beijing Representative Office, Hong Kong Exchanges and Clearing Limited, Ms Judy Huang; and the General Manager of Penavico Tianjin (Hong Kong) Co., Ltd, Ms Tian Li. Each spoke about Hong Kong's business advantages in their respective fields and encouraged Tianjin enterprises to expand overseas using Hong Kong's facilities and services.
Following the roundtable conference in Tianjin, the InvestHK delegation will head to Beijing and visit related enterprises before moving on to Shijiazhuang in Hebei Province to host a second seminar tomorrow (March 21) under the same theme, presenting Hong Kong's business advantages to local entrepreneurs.
About InvestHK
InvestHK is the department of the Hong Kong Special Administrative Region 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 2013, InvestHK had completed over 3 090 investment projects creating more than 34 900 new jobs in the first year of operation or expansion and over HK$82 billion of investment. For more information, please visit www.investhk.gov.hk .
For an event photo, please visit www.flickr.com/photos/investhk/sets/72157642522754143/ .
Ends/Thursday, March 20, 2014
Issued at HKT 17:05
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