Replies to initial written questions raised by Finance Committee Members in examining the Estimates of Expenditure 2012-13 Director of Bureau : Secretary for Commerce and Economic Development Session No. 12 File name : cedb(cit)- doc
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Question : As stated in paragraphs 123 and 124 of the Budget Speech, the HKSAR Government will actively complement our country’s accelerated implementation of the policy of encouraging Mainland enterprises to go global. Apart from the Hong Kong Trade Development Council, will the administration consider cooperating with local enterprises in encouraging joint ventures between multinational corporations with international experiences and Mainland enterprises seeking to go global, with local enterprises acting as intermediaries? Asked by : Hon. LEUNG LAU Yau-fun, Sophie Reply : The Government has been facilitating Mainland enterprises which would like to “go global” to explore business opportunities through various parties, including the Hong Kong Trade Development Council (TDC) and Invest Hong Kong (InvestHK). In 2012-13, TDC plans to organise more road shows relating to the business opportunities in the Peal River Delta Region in the USA and Europe. It will organise three Lifestyle Expos with Guangdong Province, in Jakarta of Indonesia in March 2012, in Warsaw of Poland in September 2012 and in New Delhi of India in March 2013, to promote the high quality products from both sides. Moreover, TDC will organise a joint mission to Italy and France with the Mainland’s department store sector in March this year, to explore possible co-operation with the local brands there. A joint out-reaching mission to Germany will be organised in May 2012 together with Guangdong Province to search for suitable overseas companies for acquisition. InvestHK will proactively reach out to potential investors on the Mainland and promote the business environment of Hong Kong through organising marketing activities such as seminars and exhibitions, company visits and providing practical assistance to the Mainland companies both in Hong Kong and on the Mainland. In collaboration with the Mainland authorities and business associations, InvestHK will also organise investment promotion seminars in high-growth cities like Wuhan, Shanghai, Chongqing, Tangshan, Xi’an, Xiamen, Nanchang and the Pearl River Delta region to promote Hong Kong’s strengths in various services sectors and the advantages of Hong Kong being a suitable platform for Mainland companies to go global and develop their overseas operations. InvestHK will also organise programmes to provide networking opportunities for Mainland and Hong Kong companies. This will help strengthen their co-operation and enhance the potential for Mainland companies to expand their operations overseas by making use of the business and professional services provided by Hong Kong. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||