InvestHK's annual meeting concludes with mission to attract enterprises and investment through global synergy
Invest Hong Kong (InvestHK) concluded today (December 6) its annual meeting, which gathered key representatives from its 34 overseas and Mainland offices, as well as officials from other bureaux and departments, for cross-departmental sharing and discussions to further synergize its efforts in promoting Hong Kong as a premier business hub in the Asia-Pacific region.
The annual meeting was packed with cross-geographical and sector-team discussions, knowledge sharing and a fireside chat with officials from different bureaux and departments, including the Financial Services and the Treasury Bureau, the Innovation, Technology and Industry Bureau, the Hong Kong Talent Engage, and the Trade and Industry Department, as well as visits to innovation and development hubs and business partners in Hong Kong and Shenzhen.
The theme of the annual meeting, "One Team with One Mission", underscores the unified commitment of 34 global offices to working jointly to attract enterprises and investment. As of November 2024, InvestHK has assisted over 500 Mainland and overseas companies to set up or expand their businesses in Hong Kong, representing a year-on-year increase of nearly 50 percent. The annual meeting serves as a key platform for exchanging insights and uniting InvestHK's global efforts to explore innovative strategies to attract foreign direct investment, reinforcing Hong Kong's position as the leading international business location in Asia.
The highlight of the annual meeting was InvestHK's Annual Reception held on the first day. It brought together more than 500 guests from all over the world, including business leaders, valued partners, and representatives from consulates and chambers, promoting cross-sector collaboration and synergy.
In his opening remarks, the Secretary for Commerce and Economic Development, Mr Algernon Yau, said, "Hong Kong's unique advantages continue to be recognized by the international community. As the only economy in the world where the global advantage and the China advantage come together, Hong Kong is ranked again as the freest economy in the world by the Fraser Institute in its latest report. In the Business Ready 2024 Report recently published by the World Bank Group, Hong Kong was rated among the top in international trade. Hong Kong indeed has a lot to offer for companies around the world, which would like to set up regional headquarters to tap into the Mainland market, or for Mainland companies aiming to go overseas through Hong Kong."
The Permanent Secretary for Commerce and Economic Development, Ms Maggie Wong, kicked off the annual meeting and delivered a keynote speech, welcoming and thanking InvestHK's staff for their efforts in promoting Hong Kong globally. She also expressed confidence in Hong Kong's future and encouraged active collaborations and discussions within the Government to promote the city's strengths.
Concluding the annual meeting, the Director-General of Investment Promotion at InvestHK, Ms Alpha Lau, said, "It has been a remarkable year for InvestHK, and I am proud of the progress we have made together. While external challenges exist, our continued growth reflects our resilience and readiness to embrace new opportunities. We have overcome challenges in the past, and we will continue to do so in the future. This is the spirit of InvestHK - agile, determined, and always ready to go the extra mile to serve our clients."
The annual meeting included visits by InvestHK's overseas staff to innovation and development hubs in Hong Kong and Shenzhen, including Cyberport, Hong Kong Science and Technology Park, Northern Metropolis and Kai Tak Sports Park, as well as BYD Group, Shenzhen HighGreat Innovation Technology Development Co Ltd and Ping An Finance Centre in Shenzhen. Through these visits, the overseas staff gained first-hand insights into the rapid developments in these two places, enabling them to tell Hong Kong stories even better in the markets where they are based.
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