The Hong Kong Special Administrative Region will establish a special task force to support Chinese inland enterprises' entry into overseas markets.

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

HONG KONG, Sept. 17 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) will set up a task force to support enterprises in China's mainland to enter overseas markets, HKSAR Chief Executive Li Jiachao said Wednesday while delivering a policy speech.

According to Li Jiachao, the HKSAR administration will also establish a comprehensive platform to encourage inland enterprises to use Hong Kong to expand their presence in the overseas market.

Noting that enterprises in China's interior are actively stepping up their efforts to enter overseas markets, Li Jiachao emphasized that the Hong Kong Special Administrative Region (HKSAR) is prepared to leverage Hong Kong's advantages as an export platform to open up new hubs for economic growth.

According to Li Jiachao, the Hong Kong Special Administrative Region (HKSAR) will lead the task force and coordinate the work of various departments, agencies and services to develop proposals for enterprises seeking to enter the international market.

The measures to be taken include encouraging banks in China's hinterland to set up regional headquarters in Hong Kong and attracting enterprises in the hinterland to set up financial management and wealth management centres in Hong Kong.

In 2024, Hong Kong had more than 1,400 regional headquarters of enterprises from other regions, more than 300 of which were established by enterprises from inland China. -0-

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