Chief Executive thanks Mainland and foreign investors for setting up business in Hong Kong

The Chief Executive, Mr John Lee, today (15 June 2023) received over 400 senior representatives from Mainland and foreign companies at an Invest Hong Kong (InvestHK) reception, thanking them for their lasting confidence in Hong Kong's business environment and calling upon them to continue using the city's global advantage to expand their business worldwide.

Mr Lee said that under the "one country, two systems" principle, Hong Kong has the distinctive advantages of the strong support of the motherland and the close connections with the world. He said that Hong Kong is indeed the only city in the world that converges both the China advantage and the global advantage. With the full support of the Central Government, as well as the plentiful opportunities under such national strategies as the National 14th Five-Year Plan, the Guangdong-Hong Kong-Macao Greater Bay Area development and the Belt and Road Initiative, Hong Kong is the best place for investors to start and expand their business operations, Mr Lee said.

The Secretary for Commerce and Economic Development, Mr Algernon Yau, also attended and joined Mr Lee to offer a toast to the guests.

In his welcome remarks, the Acting Director-General of Investment Promotion, Dr Jimmy Chiang, said, "This is an exciting time for Hong Kong and Mainland and foreign businesses operating here. At InvestHK our job is to help you grow by capturing these new and emerging opportunities. That is why we are both working in close collaboration across the Government and with key partners, as well as having aligned our team with our Government's policy priorities. This is all to enable us to help you achieve even more."

The over 400 guests from various sectors attending the reception had been assisted by InvestHK over the past three years in setting up business in Hong Kong.

InvestHK is the department of the Hong Kong Special Administrative Region Government to attract foreign direct investment and support Mainland and overseas businesses to set up or expand in Hong Kong. It has nine sector teams catering to the needs of different companies, and in recent years expanded with new pillars, namely, the fintech and family office units to attract companies in these areas to set up in Hong Kong and develop a comprehensive ecosystem.

For photos of the reception, please visit:


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