Use Hong Kong to launch overseas

Government urges Chinese companies to go global from HK.

Yang Yi described Hong Kong as an important platform for mainland enterprises to join hands with Hong Kong counterparts and explore international markets, which will significantly enhance the competitiveness of mainland companies.

Yang is Head of Trade Office of the Economic Affairs Department of the Central People’s Government Liaison Office (CPGLO).

"More than half of the mainland's outward investment in overseas markets was through Hong Kong," Yang noted.

In June, Hong Kong accounted for 47% of the stocked non-financial foreign direct investment in the mainland. Some 60%
of the mainland's total outbound direct investment went to Hong Kong.

Victoria Tang, associate director-general of Invest Hong Kong, said the Hong Kong government is committed to offering a business-friendly environment; an open economy; world-class infrastructure; a low and stable tax regime and professionals equipped with an international perspective and knowledge of the Chinese mainland market.

She said that Hong Kong has many resources to help mainland companies globalize, including international marketing networks, world-class financial markets, and free flows of capital and information.