China Investment and Trade Promotion Delegation holds investment promotion activities in Hong Kong

After investment promotion activities held in South Korea, Director-General of CIPA Liu Dianxun, who led the China investment and trade promotion delegation, held a series of investment promotion activities in Hong Kong on July 6-9, aiming to enhance the two-way investment of the Mainland and Hong Kong, and carry out follow-up work of MOU on two-way investment cooperation signed by CIPA and Invest Hong Kong. The delegation consisted of more than 60 representatives from over 40 enterprises covering investment and financing businesses, trade and service sectors, infrastructure, real estate development, agriculture and mining industries.

On July 7, the delegation attended the promotion meeting for the mainland’s businesses to invest in Hong Kong, which was jointly held by CIPA and Invest Hong Kong. Director-General of Invest Hong Kong Simon Galpin and Director-General of CIPA addressed the meeting separately. Associate Director-General of Invest Hong Kong Victoria Tang and representatives from Hong Kong finance circles introduced the advantages of investing in Hong Kong in respect of financing and taxation. In the round of opening for questions, delegation members and speakers held positive and efficient interaction concerning the advantages of investing in Hong Kong. In the afternoon, the delegation visited Hong Kong Science Park (HKSP). Vice President of HKSP Allen Yeung briefed about the organization and development planning of HKSP, and had in-depth talks with the delegation members on cooperation with the mainland in building green low-carbon cities and wisdom cities. After the meeting, the delegation members visited the high-tech labs in groups.

On July 8, the delegation attended the seminar on the mainland businesses investing overseas through Hong Kong’s service sector jointly held by CIPA and Hong Kong Trade Development Council (HKTDC). Assistant Executive Director of the HKTDC Raymond Yip delivered a welcome speech and briefed about the main functions of the HKTDC. Representatives from famous banks in Hong Kong, law firms and accounting firms introduced the investment environment in the United States and Europe as well as the risks of M&A overseas for domestic enterprises, and held talks with the delegation members on how to promote foreign investment by the use of Hong Kong’s advantageous platforms. After the meeting, the delegation members attended the luncheon for the mainland and Hong Kong entrepreneurs held by the HKTDC and carried out in-depth exchanges with representatives of Hong Kong businesses and associations.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201407/20140700666433.shtml

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