Top Biz News

IHK to help mainland firms go global

Updated: 2006-07-13 09:08

The "Step-by-Step Guide for Mainland Enterprises," the first joint publication among IHK, the Ministry of Commerce and the Liaison Office of the central government in Hong Kong, contains valuable information including specific procedures and guidelines on how mainland enterprises can establish businesses in Hong Kong. 

Over 700 copies of the "Step-by-Step Guide" were distributed during the first day of the event last year.

Speaking at a CIFIT seminar "Hong Kong - Your Platform to Go Global," the director-general of Investment Promotion at Invest Hong Kong, Mike Rowse, told more than 100 senior executives from mainland enterprises that Hong Kong is an ideal gateway for their companies to access global markets.

The seminar generated many enquiries with respect to branding strategies for mainland companies, setting up procedures for companies and the taxation system in Hong Kong.

"We are committed to ensuring that Hong Kong enhances its attractiveness to mainland investors, particularly as the leading financing centre in the region. Our regulatory framework provides a fair, transparent and efficient market place for business," said Rowse.

The implementation of the Mainland and Hong Kong's Closer Economic Partnership Arrangement (CEPA) and the recently announced CEPA Supplement will further reinforce Hong Kong's position as a bridge between the mainland and the international market.

CEPA facilitates additional business interaction between Hong Kong and the mainland, especially in services and high value-added manufacturing sectors, as well as accelerating the integration of both economies.   

IHK will strengthen its presence at the upcoming 10th session of CIFIT. 

It expects to make full use of the fair to attract more mainland enterprises to use Hong Kong as a springboard to expand overseas. 

Invest Hong Kong provided the story.