SCED-led business delegation of enterprises of Belt and Road countries operating in HK continues to visit to GBA

The business delegation of enterprises of Belt and Road countries operating in Hong Kong, led by the Secretary for Commerce and Economic Development, Algernon Yau, continued the visit to the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) yesterday (Dec. 5) and visited renowned technology companies and organizations in Shenzhen and Guangzhou to learn about the business ecosystem and development potential of the GBA.

Yesterday morning, Yau led the delegation to visit the Huawei Headquarters in Shenzhen. They were briefed by representatives of Huawei Technologies Co Ltd on the company's latest developments, including new innovative applications and services in areas such as cloud computing, artificial intelligence and 5G solutions.

Yau and the delegation then arrived in Guangzhou and attended a meeting and luncheon with the Director General of the Department of Commerce of Guangdong Province, Zhang Jinsong. Yau said that the visit aims to capitalize on HK's unique role under the Belt and Road Initiative (B&RI) and the long-standing close partnership with GBA cities to enable enterprises to gain an in-depth understanding of the vast business opportunities in the GBA, with a view to promoting HK as a service base for enterprises to tap the Mainland market. He hoped that maximum synergy could be created through this visit for achieving a win-win situation and fruitful outcomes of multipartite collaboration.

Yau added that there are currently about 210,000 HK enterprises in Guangdong, accounting for 70 percent of enterprises of foreign direct investment in Guangdong Province. Among them, some are offices established by overseas enterprises in HK. These enterprises leverage HK's distinctive advantage of enjoying the strong support of the motherland and being closely connected to the world for entering the Guangdong market via HK. He said that Guangdong and HK can offer staunch support to the high-quality development of the B&RI by making full use of the opportunities brought about by the GBA development in taking forward the relevant work.

In the afternoon, the delegation visited the Nansha Planning Exhibition Hall in Nansha District to learn about the district's development and achievements in recent years, as well as the blueprint for its future development. The delegation later visited Pony.ai, an autonomous driving start-up in the district, to learn about the company's latest developments and experienced first-hand its self-developed autonomous saloon cars.

The delegation returned to HK in the evening upon completion of the two-day visit to the GBA.