The Director-General of Investment Promotion at Invest Hong Kong (InvestHK), Mr Stephen Phillips, today (February 20) started his duty visit to Bangkok as part of the latest efforts to promote Hong Kong’s business opportunities.
Mr Stephen Phillips
During the visit, Mr Phillips will meet with potential start-ups and companies from fintech, transport, infrastructure and advanced manufacturing, tourism and hospitality, and consumer products sectors to discuss their plans of setting up or expanding in Hong Kong. He will also speak at the panel discussion on “Digital FDI & Innovation” at the World Association of Investment Promotion Agencies Asia Pacific IPAs Investment Conference and host two briefings for Thai start-up communities with specific themes on the latest development and initiatives of virtual assets in Hong Kong and the vibrant start-up landscape and opportunities in the city respectively.
Mr Phillips said, “Hong Kong is the only place in the world where the global advantage and the China advantage come together in a single city. This unique convergence makes Hong Kong the irreplaceable connection between the Mainland and the rest of the world. The city is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), China, and Asia more widely.”
He added, “Hong Kong offers Thai companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the latest business environment in Hong Kong, and in particular, how they can use Hong Kong to seize opportunities, including those arising from the GBA.”
The Director-General of Investment Promotion at Invest Hong Kong (InvestHK) of the Government of the Hong Kong Special Administrative Region of the People’s Republic of China, Mr Stephen Phillips, today (February 20) started his duty visit to Bangkok as part of the latest efforts to promote Hong Kong’s business opportunities.
Mr Stephen Phillips
During the visit, Mr Phillips will meet with potential start-ups and companies from fintech, transport, infrastructure and advanced manufacturing, tourism and hospitality, and consumer products sectors to discuss their plans of setting up or expanding in Hong Kong. He will also speak at the panel discussion on “Digital FDI & Innovation” at the World Association of Investment Promotion Agencies Asia Pacific IPAs Investment Conference and host two briefings for Thai start-up communities with specific themes on the latest development and initiatives of virtual assets in Hong Kong and the vibrant start-up landscape and opportunities in the city respectively.
Mr Phillips said, “Hong Kong is the only place in the world where the global advantage and the China advantage come together in a single city. This unique convergence makes Hong Kong the irreplaceable connection between the Mainland and the rest of the world. The city is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), China, and Asia more widely.”
He added, “Hong Kong offers Thai companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the latest business environment in Hong Kong, and in particular, how they can use Hong Kong to seize opportunities, including those arising from the GBA.”
The Director-General of Investment Promotion at Invest Hong Kong (InvestHK) of the Government of the Hong Kong Special Administrative Region of the People’s Republic of China, Mr Stephen Phillips, today (January 9) embarked on a duty visit to Jakarta, Indonesia, and Singapore this week as part of the latest efforts of InvestHK to promote Hong Kong’s business attractions, including the opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
Mr Stephen Phillips
During the visit, Mr Phillips will be meeting with representatives of companies from financial services and family offices, innovation and technology, transport, infrastructure and advanced manufacturing, creative industries, and business and professional services sectors to discuss their plans of setting up or expanding operations in Hong Kong and other parts of the GBA.
Mr Phillips will also host a business roundtable cum luncheon for member companies of the Employers’ Association of Indonesia in Jakarta to provide an update on business opportunities and talent initiatives in Hong Kong. In Singapore, he will conduct two roundtables jointly organised with the Good City Foundation and the Association of Small & Medium Enterprises respectively, to share with them the latest initiatives and opportunities of the family offices sector in Hong Kong.
Mr Phillips said, “Hong Kong remains the only place in the world where the global advantage and the China advantage come together in a single city. This unique convergence makes Hong Kong the irreplaceable connection between the Mainland and the rest of the world. The city is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the GBA, China, and Asia more widely.”
He added, “Hong Kong offers Indonesian and Singaporean companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the up-to-date and real situation in Hong Kong, and particularly how they can use Hong Kong to seize opportunities, including those arising from the GBA.”
Invest Hong Kong of the Hong Kong Special Administrative Region will launch a series of themed seminars to provide foreign companies and business chambers with the latest updates about the city’s dynamic business environment, enduring global hub status and business opportunities arising from growing ties with the Mainland.
As part of the official celebrations of the 25th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR), the five-day Investment Promotion Week will run in a hybrid format from October 17 to 21 at the Hong Kong Convention and Exhibition Centre and online. It will feature five thematic days – Financial Services/Business Professional Services/FinTech, Innovation and Technology, Lifestyle and Creative Industries, Startup – Sustainable Futures, and the Greater Bay Area – with over 120 speakers sharing insights and experiences in their respective areas.
The Chief Executive, Mr John Lee, and the Financial Secretary, Mr Paul Chan, are offering full support for the event and hope it will reinforce foreign investors’ understanding of the city’s enduring business advantages and highlight the new and emerging business opportunities.
Mr Lee said, “Hong Kong is the world’s freest economy and an international financial, trading and shipping centre. We are always welcoming companies and investors from all over the world. 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 and the Greater Bay Area development, Hong Kong is the best choice for b usiness operations and expansion plans.”
Mr Chan said, “Under ‘one country, two systems’, Hong Kong has a distinctive status and advantages: we have unparalleled and privileged access to the Mainland market, while remaining a free and open market economy with the common law system. And moreover, the HKSAR Government is committed to creating a strong impetus for economic development, by combining the strengths of a proactive government and an efficient market. We are sure that businesses from all over the world will be able to tap the vast opportunities Hong Kong and the Mainland offer.”
The Director-General of Investment Promotion, Mr Stephen Phillips, said, “This is a week not to be missed for those who want to learn about the key trends shaping global investment and how Hong Kong can help in capturing these opportunities. Participants will gain first-hand insights and pragmatic advice in all these important areas where we are witnessing tremendous growth – not only in Hong Kong, but in Mainland China and the region as a whole.”
About Invest Hong Kong Invest Hong Kong is the department of the HKSAR Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.
The Director-General of Investment Promotion, Mr Stephen Phillips, today (May 29) started his duty visit to Doha, Abu Dhabi, Dubai and Kuwait in the Middle East, and Amsterdam, Lisbon and Madrid in Europe as part of the latest efforts of Invest Hong Kong (InvestHK) to promote Hong Kong’s business attractions.
Mr Stephen Phillips
During the visit, Mr Phillips will meet with business leaders from various sectors including innovation and technology, financial services and family offices, fintech, business and professional services, tourism and hospitality, and transport, infrastructure and advanced manufacturing. He will also speak at three events in Abu Dhabi, Lisbon and Madrid, giving updates on Hong Kong’s latest business environment and opportunities, highlighting the city’s strategic role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
Mr Phillips said, “Hong Kong is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the GBA, China, and Asia more widely. The facts speak for themselves: in two surveys conducted last year, we saw a record number of businesses from overseas and the Mainland come to Hong Kong, as well as the largest number of start-ups in Hong Kong.”
He added, “Hong Kong offers to companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the up-to-date and real situation in Hong Kong, and particularly how they can use Hong Kong to seize opportunities, including those arising from the GBA.”
About InvestHK InvestHK is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.
The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (May 29) started his duty visit to Doha, Abu Dhabi, Dubai and Kuwait in the Middle East, and Amsterdam, Lisbon and Madrid in Europe as part of the latest efforts of Invest Hong Kong (InvestHK) to promote Hong Kong’s business attractions.
Mr Stephen Phillips
During the visit, Mr Phillips will meet with business leaders from various sectors including innovation and technology, financial services and family offices, fintech, business and professional services, tourism and hospitality, and transport, infrastructure and advanced manufacturing. He will also speak at three events in Abu Dhabi, Lisbon and Madrid, giving updates on Hong Kong’s latest business environment and opportunities, highlighting the city’s strategic role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
Mr Phillips said, “Hong Kong is an ideal location for overseas and Mainland companies, as well as entrepreneurs from around the world, as a base to set up or expand their business in Hong Kong, the GBA, China, and Asia more widely. The facts speak for themselves: in two surveys conducted last year, we saw a record number of businesses from overseas and the Mainland come to Hong Kong, as well as the largest number of start-ups in Hong Kong.”
He added, “Hong Kong offers to companies a wide range of routes to growth opportunities. I look forward to sharing with representatives of companies and entrepreneurs the up-to-date and real situation in Hong Kong, and particularly how they can use Hong Kong to seize opportunities, including those arising from the GBA.”
About InvestHK
InvestHK is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.
Media contact:
Mr Antoine So Head of Public Relations T: +852 3107 1035 E: ASo@investhk.gov.hk
Ms Eva Chan Senior Manager, Public Relations T: +852 3107 1071 E: EChan@investhk.gov.hk
Invest Hong Kong (InvestHK) announced today (September 29) a series of promotions building upon the “Report on Hong Kong’s Business Environment: A Place with Unique Advantages and Unlimited Opportunities” (www.hkeconomy.gov.hk/en/environment/index.htm) published this week by the Government of the Hong Kong Special Administrative Region (HKSAR).
Mr Stephen Phillips
The Director-General of Investment Promotion of the HKSAR, Mr Stephen Phillips, said that the report, announced by the Financial Secretary, Mr Paul Chan, on September 27, sets out very clearly the exciting opportunities for businesses from around the world in Hong Kong and at the same time sets the record straight about international investors’ misconceptions of Hong Kong as a result of persistent biased media reports in some quarters.
“The report not only outlines clearly the robust strengths of Hong Kong as an international financial, aviation, innovation and technology, legal and cultural hub, but also highlights the many attractive opportunities the city has to offer multinationals and entrepreneurs who want a reliable, efficient business base in Asia,” Mr Phillips said.
“It is very important for us to tell the real Hong Kong story to the international business community that under the Central Government’s support and the ‘one country, two systems’ principle, Hong Kong and businesses in Hong Kong have a bright future with fantastic opportunities.”
Mr Phillips added, “Our pipeline remains strong with many multinationals, small and medium-sized companies and start-ups still planning to come to our city to develop their businesses and scale into Mainland China and wider Asia. Going forward, with the continued support of the Central Government, we see very bright prospects for Hong Kong’s economy.”
InvestHK is organising a series of global webinars to be held on October 7 for business communities around the world to provide an update on Hong Kong’s latest business environment and key announcements relevant to business in next week’s Policy Address.
Invest Hong Kong (InvestHK) announced today (September 29) a series of promotions building upon the “Report on Hong Kong’s Business Environment: A Place with Unique Advantages and Unlimited Opportunities” (www.hkeconomy.gov.hk/en/environment/index.htm) published this week by the Government of the Hong Kong Special Administrative Region.
Mr Stephen Phillips
The Director-General of Investment Promotion, Mr Stephen Phillips, said that the report, announced by the Financial Secretary, Mr Paul Chan, on September 27, sets out very clearly the exciting opportunities for businesses from around the world in Hong Kong and at the same time sets the record straight about international investors’ misconceptions of Hong Kong as a result of persistent biased media reports in some quarters.
“The report not only outlines clearly the robust strengths of Hong Kong as an international financial, aviation, innovation and technology, legal and cultural hub, but also highlights the many attractive opportunities the city has to offer multinationals and entrepreneurs who want a reliable, efficient business base in Asia,” Mr Phillips said.
“It is very important for us to tell the real Hong Kong story to the international business community that under the Central Government’s support and the ‘one country, two systems’ principle, Hong Kong and businesses in Hong Kong have a bright future with fantastic opportunities.”
Mr Phillips added, “Our pipeline remains strong with many multinationals, small and medium-sized companies and start-ups still planning to come to our city to develop their businesses and scale into Mainland China and wider Asia. Going forward, with the continued support of the Central Government, we see very bright prospects for Hong Kong’s economy.”
InvestHK is organising a series of global webinars to be held on October 7 for business communities around the world to provide an update on Hong Kong’s latest business environment and key announcements relevant to business in next week’s Policy Address.
Invest Hong Kong (InvestHK), a department of the Hong Kong Special Administrative Region Government (HKSAR), hosted a hybrid symposium entitled “Hong Kong: Your Greater Bay Area Partner in Expanding Your Global Business” in Sydney on March 1, attracting over 400 participants from Hong Kong and Australia.
The Secretary for Commerce and Economic Development, Mr Edward Yau, speaks via video on the huge potential of the Guangdong-Hong Kong-Macao Greater Bay Area and encourages Australian enterprises to seize the abundant opportunities in his keynote speech during the symposium “Hong Kong: Your Greater Bay Area Partner in Expanding Your Global Business” hosted by Invest Hong Kong in Sydney (March 1).
The symposium focused on the attractiveness of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) as well as the strategic role of Hong Kong in the overall development of the GBA. It brought together the Director of the Australian Chamber Business Leaders Council, Mr Paul Nicolaou, and other speakers renowned in their respective fields to share insights.
The Secretary for Commerce and Economic Development, Mr Edward Yau, talked in his online keynote speech about the huge potential of the GBA and encouraged Australian enterprises to seize the abundant opportunities. He said that, as quoted in studies, while the GBA constitutes only 1 per cent of land in the entirety of China and has 5 per cent of the country’s population, it produces 12 per cent of the nation’s GDP, and exports 37 per cent of national trade.
“Connectivity through extensive efficient railway systems plus world-class airports and container ports and telecom networks within the GBA provides a solid foundation for it to thrive as a major economic engine of the country. While the 11 cities pursue a common goal of building the GBA into the best bay area in the world, they play different functions as a holistic cluster. Green and sustainable development will be another driver of the GBA in attracting international businesses. By various estimates, the GBA’s GDP will grow to top US$4.7 trillion by 2030, presenting growth potential that Australian companies should not be missing,” Mr Yau said.
Another keynote speaker, the Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, Mr Tommy Yuen, said via video, “Hong Kong, under ‘one country, two systems’ and armed with the GBA development plan is ideally placed to contribute to and benefit from both. Hong Kong will focus on better integration into the country’s domestic market, taking the GBA development as an entry point, and will proactively strengthen our role as a facilitator to link up the domestic circulation and the international circulation. Playing the dual role well will bring continuous impetus to Hong Kong’s economy. Businesses that operate in Hong Kong will hence be able to take full advantage of not just what Hong Kong has to offer but what the GBA market can offer.”
The Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, Mr Tommy Yuen, gives a keynote speech via video during the symposium “Hong Kong: Your Greater Bay Area Partner in Expanding Your Global Business” in Sydney (March 1).
The Director of the Hong Kong Economic and Trade Office in Sydney, Ms Winnie Chan, and the Director-General of Investment Promotion at InvestHK, Mr Stephen Phillips, delivered welcoming remarks. Mr Phillips, speaking via video, revealed the vast business potential and the composite advantages of Hong Kong in the emerging market of the GBA. “The GBA in my opinion is the most exciting economic development plan in this planet. It is home to 72 million consumers and many of the country’s most innovative companies, and backed by the leading international financial centre status of Hong Kongas well as all other dynamic economic clusters. The intra-regional trade and investment flows, especially between the GBA and ASEAN, present many new opportunities ahead,” he said.
The Director-General of Investment Promotion at Invest Hong Kong (InvestHK), Mr Stephen Phillips, delivers welcoming remarks via video during the symposium “Hong Kong: Your Greater Bay Area Partner in Expanding Your Global Business” in Sydney (March 1), revealing the vast business potential and the composite advantages of Hong Kong in the emerging market of the Guangdong-Hong Kong-Macao Greater Bay Area.
Other speakers at the symposium included the Managing Director and Group CEO of the University of Wollongong Global Enterprises, Ms Marisa Mastroianni, who discussed her experience on how to leverage Hong Kong to extend the university’s global network of higher education institutions. The CEO and Founder of AirTrunk, Mr Robin Khuda; Partner in Tax of KPMG Hong Kong and Head of Alternative Investments of KPMG China Mr Darren Bowdern; the National President of Australia China Business Council, Mr David Olsson; and the Director of Philanthropy and Government Relations of the Fred Hollows Foundation, Mr Michael Allen, also talked about the unparalleled opportunities in Hong Kong during the panel discussion moderated by the Chairman, Global Engagement of the Business Council of Australia, Mr Warwick Smith.
About InvestHK
InvestHK is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.
The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (March 3) started his duty visit to Bergen and Oslo in Norway promoting Hong Kong’s business attractions.
During the visit, Mr Phillips will meet with business leaders from various sectors including creative industries, consumer products, financial services, information and communications technology and a food trading company. He will also speak at Vestland Konferansen organised by Sparebanken Vest and DigiLab Scandinavia AS and a breakfast seminar organised by Nordea Bank and Norway-Hong Kong Chamber of Commerce promoting Hong Kong’s business opportunities, especially the opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area.
Mr Phillips said, “Hong Kong continues to be an ideal location for overseas and Mainland companies as well as entrepreneurs from around the globe who use the city as the base to set up or expand their business. It can be reflected in our surveys conducted last year, which showed a 9.9 per cent increase in the number of business operations in Hong Kong with parent companies overseas and in Mainland China compared to the figure in 2017. In terms of start-ups, the results are even more encouraging with a 42.8 per cent increase in the number of start-ups in the city compared to the 2017 figure.”
He added, “Hong Kong plays an important role in the Guangdong-Hong Kong-Macao Greater Bay Area as the most open and international city in the area. It is also an international financial, transportation, trade and aviation hub in the region. Norwegian multinationals and start-ups should seize the opportunities arising from the Greater Bay Area via Hong Kong and leverage the city’s advantages to start or expand their foothold in the region.”
About InvestHK
InvestHK is the department of the Hong Kong Special Administrative Region Government responsible for attracting foreign direct investment and supporting overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies. For more information, please visit www.investhk.gov.hk.
