- Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum was successfully held in Ningbo, attracting over 600 government and business leaders

- Promoted Hong Kong’s role as superconnector and super value-adder to Zhejiang’s business community, focusing on competitive advantages in finance, supply chain, innovation and technology and professional services

- Three roundtable sessions facilitated comprehensive business networking between Zhejiang, Ningbo and Hong Kong

The Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum, co-organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong SAR (HKSAR) Government and Ningbo Municipal People’s Government, was held today at the Shangri-La Hotel, Ningbo. The event attracted over 600 government and business leaders who discussed collaboration opportunities among Zhejiang, Ningbo and Hong Kong.

The event was held on the 20th anniversary of the Ningbo-Hong Kong Economic Co-operation Forum. Hong Kong’s business advantages were highlighted to Zhejiang government officials as well as business leaders from the finance, supply chain, innovation and technology and professional services sectors. In addition to fostering Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration, Zhejiang enterprises were encouraged to leverage Hong Kong’s platform to explore opportunities.

The Forum’s opening ceremony was hosted by Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Government Tang Feifan this morning, with speeches delivered by the HKSAR Chief Executive John Lee, Executive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou Ji, Chief Engineer of the Ministry of Industry and Information Technology Xie Shaofeng, Chief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan Bojin, Vice Governor of Zhejiang Provincial Government Lu Shan, Standing Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng Jiaxue and HKTDC Chairman Dr Peter K N Lam.

In his speech, Mr Lee said: "The Hong Kong SAR Government and the HKTDC established a high value-added supply chain service mechanism at the end of last year to help mainland enterprises set up international or regional headquarters in Hong Kong to manage offshore trade and supply chains. Hong Kong has robust international trade networks and rich expertise, diverse talent and world-class professional services. We are well positioned to offer mainland enterprises new supply chain services and lead these businesses in exploring emerging markets, breaking through the US blockade."

Mr Zhou stated that the historical ties between Zhejiang and Hong Kong are long-standing, with the two regions sharing close personal relations, cultural connections and commercial linkages. Hong Kong is Zhejiang's largest source of foreign investment, the largest partner in trade in services and second-largest destination for Zhejiang's overseas investments. By the end of 2024, Hong Kong has established over 30,000 enterprises in Zhejiang, while Zhejiang had invested in over 3,000 enterprises in Hong Kong.

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