HKETO Newsroom

January 22, 2024

10th Transpacific Entrepreneurial Conference to delve into Hong Kong’s role as a Super Connector

The Hong Kong Economic and Trade Office (Toronto) (HKETO) and Invest Hong Kong (InvestHK) supported the 10th Transpacific Entrepreneurial Conference jointly hosted by the Canadian Chamber of Commerce in Hong Kong and the Hong Kong-Canada Business Association (HKCBA) on January 22 (Toronto time). This annual rendezvous focussed on exploring innovative ideas, biotech start-ups and business opportunities, and strengthening commercial relationships between Canada, Hong Kong, and other Asian economies.

In delivering opening remarks at the hybrid conference to delve into Hong Kong’s role as a Super Connector, Director of HKETO, Ms Emily Mo, is delighted to share with participants that Hong Kong has been bouncing back over the past year as travel between Canada and Hong Kong resumed.  

“Hong Kong’s 2023 GDP growth is forecast to be 3.2%,” said Ms Mo. “Inflation was moderate at 2%, unemployment rate at 2.9%, and flight connection capacity recovered to about 80% with an anticipated full recovery this year.”

Ms Mo pointed out that more than 9,000 companies with mainland China or foreign head offices had chosen to set foot in Hong Kong, representing an increase in 2023.  Regarding the strategic enterprises opening in Hong Kong, Ms Mo add that “they brought in not just strategic enterprises benefitting Hong Kong’s business landscape, but also an initial investment of around HK$30 billion and the creation of 10,000 jobs between December 2022 and October 2023.”.

She also noted that Hong Kong got a new record of numbers of startups and their staff employed in 2023. Over 4,200 start-ups were in Hong Kong, and a quarter of them are founded by non-locals. Among the non-local start-ups, Canada has the seventh largest share.

“Looking forward, with the institutional advantages of Hong Kong under the ‘One Country, Two Systems’, Hong Kong has been prepared and inspired to offer opportunities and to create new opportunities for the city and everyone who sees it as their destination for business, career or personal growth,” said Ms Mo.

As the world’s top international financial centre, and a global offshore wealth management centre ranked second worldwide after Switzerland, Hong Kong’s place in the Guangdong-Hong Kong-Macao Greater Bay Area and various new policies and tax concessions make it an increasingly attractive hub for family offices.  

“Over 40 Canadian delegates will join the Asian Financial Forum to be held in Hong Kong this week, including the Canadian venture capitalists looking for investment projects and companies seeking for capital and partners,” Ms Mo remarked.

Ms Mo added that the Hong Kong Special Administrative Region Government is in an internationally leading position to promote green finance, ESG, web 3.0, and talent attraction, etc., facilitating all long-sighted business to grow. She reassured all participants that Hong Kong is moving fast to cope with the evolving world and is the best place to do business in Asia.

The 10th Transpacific Entrepreneurial Conference included six panel discussions with over 30 speakers from leading companies in different sectors including wealth management, investment opportunities, innovation and technology, biotech, sustainability, renewable energy, health-tech and artificial intelligence. Head of Business and Talent Attraction of InvestHK Canada, Mr Christopher Chen, shared insights at the second panel themed “Trade & Investment Expansion Strategies into Hong Kong and Asia”.

January 22, 2024





巫菀菁指出超過9 000間中國內地或外國企業辦公室已選擇落戶香港,在二○二三年錄得增幅。就重點企業在香港發展,她說:「這些重點企業不但豐富香港的市場格局,更在二○二二年十二月至二○二三年十月期間為香港帶來約300億港元的初始資金,並創造10 000個職位。」

她亦提到香港於二○二三年刷下初創企業及其聘用員工數目的新紀錄。現時,香港有逾4 200間初創企業,當中四分之一由非本地人創立,而在這些非本地創立的企業中,加拿大的佔比排行第七。





第十屆跨太平洋企業家會議共有六個專題討論,逾30位來自不同界別的頂尖企業講者參與其中,包括資產管理、投資機遇、創科、生物科技、可持續發展、可再生能源、健康科技及人工智能。投資推廣署多倫多辦事處招商引才/投資推廣總監陳立智亦在題為「Trade & Investment Expansion Strategies into Hong Kong and Asia」的第二場專題討論上分享真知灼見。