HKETO Newsroom

October 22, 2020

HKETO Director joins webinar to promote business opportunities in the GBA development

Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Ms Emily Mo, joined the “Opportunities for Canadian Companies: The Guangdong-Hong Kong-Macao Greater Bay Area” (GBA) webinar to discuss new opportunities arising from the GBA development for Canadian businesses.  This webinar was hosted by the Hong Kong-Canada Business Association (HKCBA) (Ottawa Section) on October 22.

In delivering the welcome remarks, Ms Mo updated participants on the latest COVID-19 situation in Hong Kong. “Hong Kong experienced its third wave of pandemic in summer. With the concerted efforts of the Hong Kong Special Administrative Region (HKSAR) Government and its citizens, the situation is now under control and the city is rebounding gradually,” Ms Mo said.

“Businesses have re-opened and theme parks also opened their doors to local guests. In addition, Hong Kong and Singapore recently reached an in-principle agreement to establish a bilateral Air Travel Bubble,” Ms Mo added.

On the economic front, Ms Mo said that Hong Kong always has the continued support from the economic growth of the mainland of China.  “Canada’s total exports and imports with China represented 6.9% of its global merchandise trade thus far this year, and the highest share on record,” Ms Mo said.

Ms Mo also presented on the latest development of the GBA, a fast-developing economic region in China. “The GBA is a mega city cluster with a population of 69 million and a gross domestic product of more than US$1.5 trillion,” she said.

The vast business opportunities presented by the GBA development are available to overseas companies when they make use of the Hong Kong platform. “Hong Kong has always been the business bridge between the mainland of China and the western world.  The city’s institutional strengths and fundamentals are recognised widely on the global stage,” Ms Mo said.  

“To cite a few examples, Hong Kong topped the rank again as the world’s freest economy by the Ottawa-based Fraser Institute in September; Hong Kong led the world in funds raised through Initial Public Offerings in 2019; and Hong Kong is a much sought-after place for secondary listing of Chinese companies," Ms Mo said.

Regarding some recent speculation of Hong Kong’s rule of law and freedoms being possibly undermined, Ms Mo took the opportunity to clarify that the crimes stipulated in the National Security Law should not bother the business operators who have no intention to commit those crimes.  "The rule of law as well as the various legitimate rights and freedoms are the fundamental core values of Hong Kong and are much cherished by the government and community," Ms Mo said.

Moderated by President of HKCBA (Ottawa Section), Ms Amy Willis, the webinar was also joined by Hong Kong Trade Development Council Director for Canada, Mr Andrew Yui and Head of Investment Promotion of HKETO, Mr Christopher Chen.  Mr Chen presented on the services offered by InvestHK to Canadian companies for investing and setting up in Hong Kong.

October 22, 2020

香港經貿處處長參與網上研討會推廣大灣區發展的商機

香港駐多倫多經濟貿易辦事處(香港經貿處)處長巫菀菁於十月二十二日參與由港加商會(渥太華)舉辦的 「加拿大企業在粵港澳大灣區的發展商機」 網上研討會,探討粵港澳大灣區(大灣區)發展為加拿大企業帶來的新機遇。

巫菀菁在網上研討會上致歡迎辭,她向與會者講述香港抗疫的最新情況。她表示:「香港在夏季出現第三波疫情。在香港特別行政區政府(香港特區政府)與市民的共同努力後,疫情現已受控,市面亦逐步恢復正常。」

巫菀菁續說:「香港的商業活動已重啟,主題公園亦重新向本地訪客開放。此外,香港與新加坡最近就建立雙邊『「航空旅遊氣泡』達成原則性協議。」

在經濟方面,巫菀菁表示香港持續受惠於中國內地的經濟增長。她指出:「本年到目前為止,加拿大對中國內地的進出口總額佔其全球商品貿易6.9%,是有史以來最高的比率。」

巫菀菁同時介紹中國經濟發展最迅速的地區—大灣區的最新發展。她表示:「大灣區是一個超級城市群,總人口達6 900萬,本地生產總值超過一萬五千億美元。」

海外公司可善用香港作為平台以把握大灣區發展帶來的無限商機。巫菀菁說:「香港一直是中國內地與西方國家的商貿橋樑,而香港的優勢和穩健基礎更獲全球國家廣泛認同。」

巫菀菁續說:「舉例來說,位於渥太華的菲沙研究所在九月份再次評選香港為全球最自由的經濟體,香港去年的首次公開集資總額在全球位列前茅,而香港亦是中國內地企業作為第二上市的熱點。」

就近日有關香港法治及自由可能被受削弱的言論,巫菀菁亦藉此機會向與會者澄清,《香港國安法》所指的罪行不會影響沒有意圖觸犯有關法例的商人。巫菀菁強調:「法治及各項合法權利和自由是香港的核心價值,並為香港特區政府及社會大眾所珍視。」

網上研討會由港加商會(渥太華)會長Amy Willis主持,其他講者包括香港貿易發展局加拿大代表芮紹能及投資推廣署多倫多辦事處總監陳立智。陳立智在會上介紹香港投資推廣署為有興趣在香港投資及設立辦事處的加拿大公司所提供的服務。