First Hong Kong-Shanghai Investment Promotion a Success

The first-ever Hong Kong-Shanghai joint investment promotion seminar was successfully held in Tokyo on March 8. Organizers Invest Hong Kong and Shanghai Municipal Government Foreign Economic Relations and Trade Commission (SMERT), welcomed the overwhelming response from Japanese investors, which sets the stage for future co-operation between the two cites.

The seminar, “Hong Kong and Shanghai – The Two Engines for China’s Economic Development,” described the business opportunities and market potential for Japanese companies in China, particularly in the leading commercial regions, the Greater Pearl River Delta (PRD) and the Yangtze River Delta (YRD).

The Director-General of Investment Promotion at Invest Hong Kong, Mr. Mike Rowse, and the Chairman of SMERT, Mr. Pan Longqing, led the investment promotion teams from Hong Kong and Shanghai and delivered keynote speeches at the seminar. 

More than 380 senior business executives from leading Japanese companies shared their experiences of using Hong Kong and Shanghai to access the PRD and YRD. The Senior Economist of Daiwa Institute of Research (H.K.) Ltd., Mr Xiao Minjie, discussed development opportunities for Japanese companies in China.

In his speech, Mr Rowse highlighted the unique advantages of Hong Kong as a strategic base to access the PRD region and introduced the numerous opportunities arising from the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), a free trade agreement between the two places. 

Mr Pan Longqing pointed out that Shanghai is one of China’s top economic centres and trading ports in the Mainland, and a popular investment destination for international investors. As part of its development strategies, Shanghai will focus on priority sectors, including manufacturing with advanced technologies and services 
industries.

Top