Qingdao business and commerce centre opens in Hong Kong
The city of Qingdao opened the Qingdao (China) Centre for Business and Commerce as its representative office in Hong Kong today (17 August 2017), leveraging Hong Kong’s international status to assist Qingdao companies to “go global” and attract overseas companies to Qingdao.
The Associate Director-General of Investment Promotion, Mr Francis Ho (left), and the Mayor of Qingdao Municipal People’s Government, Mr Meng Fanli, unveil a plaque at the opening ceremony of the Hong Kong centre.
Witnessed by the Governor of Shandong Province, Mr Gong Zheng, and Deputy Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region Ms Qiu Hong, the Mayor of the Qingdao Municipal People’s Government, Mr Meng Fanli, and Associate Director-General of Investment Promotion Mr Francis Ho unveiled a plaque at the opening ceremony of the Hong Kong centre at a symposium on investment co-operation between Hong Kong and Shandong.
The Hong Kong centre is tasked with the mission to promote Qingdao globally on behalf of the municipal government, as well as strengthen bilateral economic, trade and investment co-operation between the two places. Mr Meng said Hong Kong will serve as Qingdao’s international window to the world.
He explained, “Hong Kong as an international financial, trade and maritime centre attracts many renowned international companies to set up their regional headquarters in the city. Hong Kong and Qingdao have very close business ties. Hong Kong is not only the biggest source of overseas investment and service transactions in Qingdao, but also the second largest destination of Qingdao outbound investment after the US.”
He added, “Qingdao is one of the most important cities along the coast of China. It was one of the first cities in China to open up for overseas investment serving as one of the model cities under the Mainland and Hong Kong Closer Economic Partnership Arrangement by the Ministry of Commerce. Hong Kong is a natural choice for Qingdao in terms of its globalisation process as it offers a solid foundation for deepening bilateral exchanges and encouraging co-operation in economic trade and investment between the two places.”
Mr Ho said, “Hong Kong is an international business hub in Asia as well as the gateway to Mainland China. Our city has a deep pool of talent with international and Mainland perspectives and experiences. I believe that the Hong Kong centre will tap into the city’s strategic location and business advantages to help Qingdao companies to ‘go global’.”
About Qingdao (China) Centre for Business and Commerce (Hong Kong)
The Qingdao (China) Centre for Business and Commerce (Hong Kong) is the subsidiary of Qingdao International Centre for Business and Commerce Co Ltd, which is authorised by the Qingdao Bureau of Commerce and funded by various Qingdao companies. Apart from the Hong Kong centre, Qingdao Municipality has also set up its presence in Singapore, Korea, Germany, the US, Japan and Israel. It also plans to open a representative office in Russia. For more information, please visit www.qdbofcom.gov.cn.
About Invest Hong Kong
Invest Hong Kong 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/72157687718050775.