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Invest Hong Kong encourages Mainland companies to “go global” by leveraging Hong Kong’s core advantages

Invest Hong Kong (InvestHK) held an investment promotion seminar at the 2017 China International Fair for Investment & Trade (CIFIT) in Xiamen, Fujian Province, today (18 September 2017), encouraging local companies to leverage Hong Kong’s business advantages to “go global” through Hong Kong under the national Belt and Road Initiative.

Invest Hong Kong encourages Mainland companies to “go global” by leveraging Hong Kong’s core advantages

Associate Director-General of Investment Promotion Mr Francis Ho delivers opening remarks

Entitled “Belt and Road, Together We Grow”, the seminar was jointly organised by InvestHK, the Commercial Office of the Economic Affairs Department of the Liaison Office of the Central People’s Government (LOCPG) in the Hong Kong Special Administrative Region (HKSAR), and the Hong Kong Economic and Trade Office in Guangdong. Supporting organisations included the Hong Kong and Macao Affairs Office of the Xiamen Municipal People’s Government, the China Council for the Promotion of International Trade Xiamen Committee, the Xiamen General Chamber of Commerce, and the China Council for the Promotion of International Trade Quanzhou Branch. Associate Director-General of Investment Promotion Mr Francis Ho and the Deputy Director-General of the Economic Affairs Department and Head of the Commercial Office of the LOCPG in the HKSAR, Mr Liu Yajun, delivered opening remarks at the seminar.

Mr Ho said, “Hong Kong has been an important economic and trade partner as well as a key conduit for foreign investment of Fujian Province over many years. Under the Belt and Road Initiative, Fujian companies can leverage Hong Kong’s role as a ‘super-connector’ between Mainland China and the rest of the world to ‘go global’. At the same time, foreign investors can make use of Hong Kong’s enduring advantages to enter the Mainland and other Asian markets.”

He added, “Hong Kong is an international financial centre, as well as a major asset management centre in Asia and a global offshore Renminbi centre. The city’s diversified financial infrastructure and services and free flow of capital offer a reliable fund-raising platform for Fujian companies that plan to manage their global mergers and acquisitions activities and foreign investment via Hong Kong. Together with the vibrant start-up ecosystem in Hong Kong, the city offers huge investment opportunities and has become a magnet for angel investors, venture capitalists and entrepreneurs from around the world.”

The Head of InvestHK’s Guangdong Investment Promotion Unit, Miss Winifred Ho, further elaborated on Hong Kong’s business advantages and how the city could help Fujian companies grab the opportunities amid the Belt and Road Initiative. Other speakers included the Team Head of the Corporate Marketing Management Division, Global Corporate Banking Department of Bank of China (Hong Kong), Mr Choa Kin-chi; the Chairman of the Hong Kong Business Angel Network, Dr Samson Tam; and Investment Associate of Tuspark Global Network Ms Gail Wong. They provided details on Hong Kong’s various financial services, including practical information on opening bank accounts, for Mainland companies, as well as the latest trends of angel funding and the start-up ecosystem in Hong Kong.

2017 is the 16th consecutive year that InvestHK has exhibited in the Hong Kong Pavilion at CIFIT. The exhibition showcases how Hong Kong’s role as a “super connector” between the Mainland and the rest of the world can assist in developing the economy of the Belt and Road region and the diverse range of world-class business professional services that the city can offer.

About Invest Hong Kong

InvestHK is the department of the Hong Kong Special Administrative Region Government established in 2000 to attract 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. For more information, please visit www.investhk.gov.hk.

For an event photo, please visit www.flickr.com/photos/investhk/albums/72157686671552774.

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