Hong Kong Chief Executive Carrie Lam announced on the 10th that as of the end of July, the total number of registered local companies in Hong Kong exceeded 1.5 million, and the number of registered non Hong Kong companies exceeded 15000, both of which reached historic highs. From January 2023 to July this year, Invest Hong Kong has assisted 1333 companies in establishing or expanding their businesses in Hong Kong, introduced HKD 174 billion in first-year direct investment, and created over 19000 new jobs. On the same day, Li Jiachao released a short video titled "Policy Review" on social media, pointing out that the unique two-way platform function and advantages in the world enable Hong Kong to attract foreign investment to develop business and explore the mainland market, as well as assist mainland enterprises in entering overseas markets. Many foreign-funded enterprises have found business opportunities to open stores in Hong Kong and continue to expand; Many mainland enterprises also trust Hong Kong's capabilities and work together with the "Hong Kong team" to explore emerging overseas markets. He said that Hong Kong continues to attract high-quality enterprises from both domestic and overseas to settle or expand their businesses in Hong Kong, boosting the local economy and increasing employment opportunities. In the period of economic transformation, there should be updated and more creative services and products, and innovative marketing methods combining online and offline can be considered to cater to market preferences. Hong Kong has a stable and limitless consumer market, and can also serve as a springboard for overseas enterprises to explore the mainland market. Li Jiachao said that in recent years, the SAR government has actively collaborated with Hong Kong and mainland business communities to understand different markets, including the Middle East and ASEAN countries. In the future, we will continue to work together to develop more potential emerging markets, expand business opportunities for Hong Kong and mainland businesses, balance investment portfolios, and resist geopolitical challenges. (New Society)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:Xinhua
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