Nearly 800 representatives from Chinese-funded enterprises gathered for a forum and cocktail party co-hosted by the Investment Promotion Agency and the China Enterprise Confederation to assist mainland companies in going overseas

The Investment Promotion Agency and the Hong Kong Chinese Enterprises Association jointly held a Chinese New Year reception for Chinese-funded enterprises yesterday (10th), gathering representatives from various Chinese-funded enterprises and business circles to celebrate the New Year. Before the reception, a "Mainland Enterprises Going Global Forum" was held to discuss development opportunities for going global and explore how mainland enterprises can effectively utilize Hong Kong as their home port to realize their overseas ambitions. Nearly 800 representatives from Chinese-funded enterprises attended the two events.

The reception was officiated by Financial Secretary Paul Chan, Deputy Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region Daniel Zhang, Secretary for Commerce and Economic Development Edward Yau, Director of the Investment Promotion Agency Stephen Wong, and President of the Chinese Enterprises Association Wang Haimin.

In his speech, Paul Chan pointed out that this year marks the beginning of the country's 14th Five-Year Plan, and the next five years are a crucial period for national development. Under the "One Country, Two Systems" framework, Hong Kong has unique institutional advantages and is an international center for finance, trade, shipping, and innovation and technology. It should leverage its strengths to accelerate integration and serve the national development agenda. The SAR government looks forward to continuing to work hand in hand with Chinese-funded enterprises to promote Hong Kong's prosperity and stability and to make new and greater contributions to the country's development.

Secretary for Commerce and Economic Development Edward Yau stated at the "Mainland Enterprises Going Global Forum" that in the face of important opportunities such as the global South market and the "Belt and Road" initiative, Hong Kong is fully prepared to serve as the preferred platform for mainland enterprises going global, providing navigation and one-stop support services. He hopes that more mainland enterprises will use the Hong Kong platform to expand their business overseas, collaborate for mutual benefit, and jointly write a new chapter for mainland enterprises going global