Li Jiachao: Special overseas classes have helped more than 200 mainland enterprises set up or expand their business in Hong Kong

The Zhitong Finance App learned that on July 14, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, attended the Greater Bay Area Global Business Development Summit and said that the country's “15th Five-Year Plan” states that it is necessary to deepen the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, improve the mechanism for Hong Kong to play a better role in opening up the country to the outside world, support Hong Kong's deep participation in high-quality joint construction of the Belt and Road Initiative, and use its professional service advantages to help enterprises “go global”. In the face of surging geopolitics and the restructuring of global economic and trade demand, Hong Kong can play a role as a platform to connect markets, capital and standards, and support enterprises to set sail.

Li Jiachao mentioned that the Hong Kong Government set up a one-stop platform for “Mainland Enterprises Going Overseas” last year to provide tailor-made overseas support services for mainland enterprises. At present, more than 10 events have been held in Hong Kong and the Mainland, mainly introducing Hong Kong's advantages to mainland enterprises. Li Jiachao also revealed that he has assisted more than 200 mainland enterprises to set up or expand their business in Hong Kong, using Hong Kong as the first stop to set sail to sea.

In addition, in April of this year, the Overseas Excursion Program also set up the “Overseas Global Connect” cross-sector professional service electronic platform to accurately connect with various Hong Kong professional service resources, assist mainland enterprises to set up regional headquarters, corporate treasury centers and R&D centers in Hong Kong, and prepare the enterprise structure and financing required to go overseas.

Li Jiachao also pointed out that last month, he led the largest commercial and trade delegation from Hong Kong and mainland Canada in the history of the current administration to visit two major Central Asian countries, Kazakhstan and Uzbekistan, and shared a boat with more than 70 representatives of local and mainland enterprises, leading to 96 cooperation agreements and memorandums of understanding involving a specific amount of more than 1.65 billion US dollars. He revealed that at present, a number of mainland companies associated with the mission are actively preparing to go public in Hong Kong, making good use of Hong Kong's financial advantages to prepare the capital needed to prepare for going overseas.

Furthermore, the Overseas Excursion Program is actively responsible for promoting follow-up support with mainland enterprises accompanying the tour, including active return visits and follow-up, to connect them with Hong Kong's resources in the fields of professional services, financial markets, and talents. At present, a number of mainland enterprises associated with the Group are actively preparing to go public in Hong Kong. The move made full use of Hong Kong's financial advantages to prepare the capital needed to go overseas. Furthermore, Hong Kong will continue to play a good role as a “super contact person” and a “super value-added person”, going overseas side by side with enterprises and traveling thousands of miles.