New government agency to boost competitiveness

The Economic Development Commission will focus on business with the mainland.

Secretary for Commerce & Economic Development Gregory So said EDC will study how to make the best use of Hong Kong’s advantages and the opportunities presented by the Mainland.

Chief Executive Leung Chun-ying announced in his maiden Policy Address the setting up of the EDC and the Financial Services Development Council.

So said the government will continue to collaborate with Hong Kong enterprises, particularly small and medium firms, to tap the vast and thriving mainland market.

So said the government will focus on the development of highly competitive industries in the innovation and technology sector where the city has clear advantages,

“We will continue to facilitate the technology community to foster cooperation with the Mainland.”