Hong Kong and Shenzhen Promote Investment Opportunities to U.S. Investors
On January 17, 2007, U.S. investors attended the investment promotion event, "Hong Kong and Shenzhen: Your Winning Formula in China," held at The Ronald Reagan Building and International Trade Center in Washington, D.C.
The response from the U.S. business community was significant, with more than 170 senior executives from U.S. companies in attendance.
The seminar was the seventh collaboration between Invest Hong Kong and Shenzhen Bureau of Trade and Industry (BTI). Attendees at the seminar were updated on the latest business opportunities in the Greater Pearl River Delta, as well as instructed on how U.S. companies could leverage the unique advantages of Hong Kong and Shenzhen to invest in Mainland China.
The Hong Kong and Shenzhen delegations were led by the Director-General of Investment Promotion, Mike Rowse, and the Deputy Director-General of Shenzhen BTI, Wang Xiaochun. Mr. Rowse and Mr. Wang delivered keynote speeches at the seminar.
Mr. Rowse commented that the U.S. had always been an important strategic partner for companies in Hong Kong, noting that the U.S. had the largest international business community in Hong Kong with over 1,100 companies, including some 890 regional headquarters and offices. The companies are engaged in a variety of businesses, including financial services, information technology (IT), professional services, tourism and entertainment, transportation and logistics, retail and sourcing.
Mr. Wang reported that with over 20 years of development, Shenzhen had achieved a leading position in many sectors in Mainland China, including high-technology, financial services and logistics.
He reported that Shenzhen was now the third most competitive city in China.
"At present, there are 1,070 investment projects by U.S. companies in Shenzhen involving an investment of US$2.58 billion," reported Mr. Wang. "These companies are involved in a variety of business sectors, such as mechanical engineering, IT, bio-engineering, computer and software and chemical engineering."
Among the speakers at the seminar were Scott Hallford, Senior Consultant for International Affairs of FedEx; Wendy Cai-Lee, Director of the Chinese Services Group of Deloitte & Touche; and Xinyue Jasmine Geffner, Regional Head, Americas, China International Business Development of HSBC.
Invest Hong Kong is the Hong Kong Special Administrative Region Government department charged with encouraging and facilitating investment into the city by providing the support needed to establish or expand a business presence.
Invest Hong Kong: www.investhk.gov.hk
HONG KONG ECONOMIC AND TRADE OFFICE IN WASHINGTON D.C.
1520 18th Street, N.W., Washington, DC 20036
Tel: (202)331-8947 Fax: (202)331-8958
For questions or comments, please email to hketo@hketowashington.gov.hk
To subscribe, please email to: subscribe@hketowashington.gov.hk
To unsubscribe, please email to: unsubscribe@hketowashington.gov.hk
Copyright @ 2003, Hong Kong Economic and Trade Office in Washington D.C.
Hot Topics:
Useful Links:
Hong Kong Government Information Center
Hong Kong Trade Development Council