HKETO Newsroom

March 2, 2018

HKETO promotes Hong Kong as an ideal partner for doing business in China

The Acting Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Miss Florence Tsang, invited Canadian entities to collaborate with Hong Kong for expanding into the vast markets in China and the Belt and Road Region.

Speaking at a seminar entitled “Doing Business with China” jointly organised by the Mississauga Chinese Business Association and Mississauga Board of Trade on March 2, Miss Tsang first introduced Hong Kong’s unparalleled advantages to do business, including the recent rating by the US-based Heritage Foundation as the freest economy in the world for the 24th consecutive year.

Miss Tsang said that Hong Kong is an ideal gateway for Canadian entities to tap into Mainland China. In particular, Hong Kong and Mainland China signed in 2003 the Closer Economic Partnership Arrangement (CEPA), and the content of CEPA has been enhanced continuously. Today, under CEPA, Hong Kong can enjoy preferential investment access in a wide range of services and non-services sectors in Mainland China.

“Canadian businesses can enjoy the benefits under this nationality-neutral arrangement by establishing a presence in Hong Kong or by working with a Hong Kong partner,” Miss Tsang added.

Apart from CEPA, the development of the Guangdong-Hong Kong-Macao Bay Area (Bay Area) also offers enormous opportunities to businesses in Hong Kong. The connectivity between Hong Kong, Macao and Guangdong Province would be greatly enhanced when the Guangzhou-Shenzhen-Hong Kong Express Rail Link and Hong Kong-Zhuhai-Macao Bridge are commissioned later this year. “In future, Hong Kong would be even better-positioned to be the gateway of overseas enterprises to Mainland China, especially the Bay Area,” Miss Tsang said.

As regards the Belt and Road Initiative promulgated by the Chinese Government to foster closer economic, political, cultural and social links among the relevant countries, Miss Tsang said that the Initiative is open to all and Canada can also play a part in it.

The many advantages offered by Hong Kong makes it an ideal partner for Canadian companies to venture into the Belt and Road market. They include its status as an international financial centre, its large professional services cluster with extensive global networks, its trusted common law system and an independent, as well as its status as a regional hub for legal services and dispute resolution.

Before closing, she encouraged the participants of the workshop to work with Hong Kong to take part in the Bay Area development and the Belt and Road Initiative.

March 2, 2018

香港經貿處推廣香港作為進軍中國內地營商的理想夥伴

香港駐多倫多經濟貿易辦事處(香港經貿處)署理處長曾菂怡誠邀加拿大企業夥拍香港拓展中國內地及一帶一路地區的龐大市場。

曾菂怡於三月二日出席由密西沙加華商會及密西沙加商會合辦的「在中國內地營商」研討會時,首先介紹香港無可比擬的營商優勢,包括最近美國傳統基金會連續第二十四年評選香港為全球最自由的經濟體。

曾菂怡表示,香港是加拿大企業進軍中國內地的理想門戶,特別是香港與中國內地於二OO三年簽署了《內地與香港關於建立更緊密經貿關係的安排》(《安排》),而安排的內容自簽署後持續增加。現時在《安排》下,香港可在中國內地多個服務業及非服務業行業享有更優惠的投資待遇。

曾菂怡補充說:「《安排》並無限制資金來源地,加拿大企業只要在香港設立據點或與香港夥伴合作,便可受惠於《安排》下的各項優惠措施。」

除《安排》外,粵港澳大灣區的發展亦為香港的企業帶來龐大商機。廣深港高速鐵路及港珠澳大橋於今年落成後,香港、澳門及廣東省之間的連繫將大大加強。曾菂怡表示:「香港將會處於更優越位置,成為海外企業進軍中國內地,特別是大灣區的門戶。」

至於中國政府為促進與有關國家的經貿、政治、文化及社會連繫而提出的「一帶一路」倡議,曾菂怡指出這倡議惠及所有國家,而加拿大亦可參與其中。

香港提供的眾多優勢使香港成為加拿大公司進軍一帶一路市場的理想夥伙,這些優勢包括香港的國際金融中心地位、龐大且具備廣闊國際網絡的專業服務集群、穩健的普通法制度及獨立的司法制度,與及作為區內的法律服務及調解爭議中心的地位。

最後,曾菂怡鼓勵與會者夥拍香港一起參與大灣區的發展和「一帶一路」倡議。