HKETO Newsroom

June 21, 2019

Director of HKETO attends 2019 HKCBA National Conference

Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Ms Emily Mo, attended the 2019 National Conference entitled " Think Asia, Think Hong Kong 2.0" organised by the GTA Section of the Hong Kong-Canada Business Association (HKCBA) in Markham on June 21.

In delivering the welcome address at the National Conference, Ms Mo congratulated HKCBA on its 35th anniversary and applauded the Association for partnering with HKETO to promote Canada-Hong Kong trade relations over the years.

Ms Mo updated participants on the positive economic growth in Asia in 2019 and noted that it is also a year of uncertainties and challenges for the global economy. "The World Bank forecasts that the growth in developing East Asia and the Pacific will be about 6% in 2019," she said.

"For Canadian businesses seeking market diversification and opportunities in the East, Hong Kong serves as the perfect business platform to tap into the world’s fastest-growing Asian market," she continued.

Ms Mo moved on to introduced the unique advantages of doing business in Hong Kong including an open and free market, a bilingual common law system, an independent judiciary, a simple and competitive tax system, a level playing field for all businesses and a rich pool of multilingual professionals.

In particular, Ms Mo remarked that Hong Kong has provides a perfect environment for start-ups. " According to InvestHK’s 2018 survey reports on start-up presence in Hong Kong, there was a significant increase over 2017 on all key parameters, with a total of over 2 600 start-ups (+18%), employing more than 9 500 employees (+51%) across 13 800 workstations (+120%)," she added.

Besides, Hong Kong is an excellent gateway to explore the Asian markets. "With the Free Trade and related Investment Agreements between Hong Kong and part of Association of Southeast Asian Nations (ASEAN) Members coming into force on June 11, business opportunities for Hong Kong and Canadian companies have been greatly enhanced," she said.

Apart from the Asian markets, Hong Kong also benefits from the Belt and Road Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) development. "The Belt and Road Initiative with strong emphasis on connectivity and international cooperation covering countries across Asia, Europe and Africa, involves trade facilitation, which is the key to the business development of Canadian companies," Ms Mo added.

The Greater Bay Area development also offers promising prospects for Canadian enterprises. "The Greater Bay Area comprises Hong Kong, Macao and nine cities in the Guangdong Province with a combined GDP $1.6 trillion US dollars. The development is about coordination and synergy between the eleven cities in the area, and also an open market offering chances and opportunities to international service and trade providers," Ms Mo said.

With the commissioning of two mega infrastructural projects in Hong Kong last year, namely the Hong Kong-Zhuhai-Macao Bridge and the Guangzhou-Shenzhen-Hong Kong Express Rail Link, Hong Kong's connectivity with other parts of the Greater Bay Area has been significantly enhanced, and Canadian companies can capture the huge business potential with better access.

The HKCBA’s National Conference themed “Think Asia, Think Hong Kong 2.0” aims to showcase business opportunities in the Greater Bay Area and Belt and Road region, and explore strategies that Canadian companies can use to further trade with Asia through the Hong Kong platform. It is one of the programmes of the “Hong Kong Week” event organised by HKETO.

June 21, 2019

香港經貿處處長出席港加商會2019全國會議

香港駐多倫多經濟貿易辦事處(香港經貿處)處長巫菀菁於六月二十一日,出席由港加商會大多倫多地區分會在萬錦市舉行的「邁向亞洲 首選香港2.0」2019全國會議。

巫菀菁在會議上致歡迎辭,她恭賀港加商會成立三十五周年,並感謝商會過去一直與香港經貿處合作推動加港貿易關係。

巫菀菁向與會者介紹今年在全球經濟不景氣和充滿挑戰的環境下,亞洲最新的經濟增長情況。她說:「世界銀行預測,在發展中的東亞及太平洋地區在2019年的經濟增長約為百分之六。」

巫菀菁續說:「加拿大企業若要在東亞地區尋找市場多元發展及商機,香港提供理想的商貿平台,以進軍全球發展最迅速的亞洲市場。」

巫菀菁又介紹香港獨特的營商優勢,包括自由開放市場、雙語普通法制度、司法獨立、簡便稅制及低稅率、公平的營商環境,及擁有大量精通多種語言的專業人士。

巫菀菁更指出,香港為初創企業提供理想環境。她補充說:「香港投資推廣署的二○一八調查報告顯示,初創企業在各主要領域均較二○一七年有顯著增長,初創公司共超過2 600間 (+18%),涉及超過9 500名員工(+51%)和13 800個工作點(+120%)。」

此外,香港也是開拓亞洲市場的絕佳門戶。巫菀菁表示:「香港與東南亞國家聯盟(東盟)部份成員簽訂的自由貿易及相關投資協定已於六月十一日生效,這為香港和加拿大公司帶來更多商機。」

除了亞洲市場,香港也受惠於「一帶一路」倡議和粵港澳大灣區(大灣區)發展。巫菀菁進一步表示:「『一帶一路』倡議強調全球連繫和國際合作,遍及亞洲、歐洲及非洲國家,又強調便利貿易措施,對加拿大公司的商貿發展甚為重要。

大灣區發展也為加拿大企業提供了良好發展前景。巫菀菁指出:「大灣區由香港、澳門,以及廣東省九個城市組成,地區生產總值合計達1.6萬億美元。有關發展是該區十一個城市共同合作和協調的成果,也是一個為國際服務及貿易供應商提供商機的開放市場。

香港去年啟用的兩大基建項目,包括港珠澳大橋及廣深港高速鐵路,大大加強了香港與大灣區其他地區的連繫,因應交通更便利,加拿大公司可把握有關發展的龐大商業發展機遇。

港加商會的全國會議以「邁向亞洲 首選香港2.0」為主題,旨在介紹大灣區及「一帶一路」地區的商機,並探討加拿大公司如何通過香港平台進一步拓展亞洲業務的策略。會議是香港經貿處舉辦的「香港周」的活動之一。

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