Strengthening Hong Kong-Zhejiang Ties: The Hong Kong Funding Promotion

HONG KONG, Apr 26, 2025 – (ACN Newswire) – The Hong Kong Funding Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Financial Co-operation Forum, co-organised by the Hong Kong Replace Constructing Council (HKTDC), the Hong Kong SAR (HKSAR) Government and Ningbo Municipal Other folks’s Government, became once held Friday, Apr. 25, on the Shangri-La Lodge, Ningbo. The occasion attracted over 600 executive and industry leaders who discussed collaboration opportunities among Zhejiang, Ningbo and Hong Kong.

The occasion became once held on the twentieth anniversary of the Ningbo-Hong Kong Financial Co-operation Forum. Hong Kong’s industry advantages dangle been highlighted to Zhejiang executive officials besides industry leaders from the finance, present chain, innovation and technology and knowledgeable services sectors. As successfully as to fostering Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration, Zhejiang enterprises dangle been encouraged to leverage Hong Kong’s platform to search out opportunities.

The Forum’s opening ceremony became once 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 Government John Lee, Government Vice Director of the Hong Kong and Macao Work Position of labor of the CPC Central Committee and the Hong Kong and Macao Affairs Position of labor of the Verbalize Council Zhou Ji, Chief Engineer of the Ministry of Industry and Details Technology Xie Shaofeng, Chief Chance Officer and Director Odd of the Department of Public Offering Supervision of the China Securities Regulatory Charge 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 Ok N Lam.

In his speech, Mr Lee said: “The Hong Kong SAR Government and the HKTDC established a high impress-added present chain carrier mechanism on the give up of ultimate yr to serve mainland enterprises space up world or regional headquarters in Hong Kong to manage offshore change and present chains. Hong Kong has tough world change networks and prosperous abilities, diverse abilities and world-class knowledgeable services. We’re successfully positioned to present mainland enterprises new present chain services and lead these companies in exploring rising markets, breaking by the US blockade.”

Mr Zhou stated that the ancient ties between Zhejiang and Hong Kong are prolonged-standing, with the 2 areas sharing finish private family, cultural connections and business linkages. Hong Kong is Zhejiang’s ideal source of foreign investment, the greatest partner in change in services and 2nd-ideal destination for Zhejiang’s in a single other country investments. By the give up of 2024, Hong Kong has established over 30,000 enterprises in Zhejiang, whereas Zhejiang had invested in over 3,000 enterprises in Hong Kong. The mutually beneficial collaboration between Zhejiang and Hong Kong is an exemplary mannequin of regional cooperation between the mainland and Hong Kong.

Mr Xie stated that Zhejiang’s digital economic system is consuming, with outstanding advantages in industry agglomeration and stable momentum in increasing industry and files technology. Ningbo and Hong Kong are every world port cities, sharing a finish bond, human connection and business ties, with a prolonged-standing ancient past of interplay between the 2 locations. Taking a glance towards the future, the Ministry of Industry and Details Technology will proceed to enhance Ningbo and Hong Kong in strengthening change and cooperation, promoting complementary advantages to earn new and greater contributions to be definite the prosperity of Hong Kong’s economic system and the nation’s modernisation.

Mr Yan said that the China Securities Regulatory Charge absolutely supports mainland enterprises listing in Hong Kong. In March 2023, the China Securities Regulatory Charge implemented new laws for in a single other country listings and established a regulatory coordination mechanism with varied ministries. Since implementing the brand new tips, 141 mainland enterprises dangle completed the submitting course of for listing in Hong Kong, in conjunction with 19 enterprises from Zhejiang. Amongst these, 13 Zhejiang enterprises and one Ningbo endeavor dangle completed their listing. These companies are occupied with key sectors, similar to files technology, biomedicine and particular person items, contributing to the Hong Kong Inventory Alternate ranking fourth globally in IPOs  in 2024.

He identified that your next step for the China Securities Regulatory Charge is to proceed enhancing the institutional mechanism to execute a more transparent, efficient and predictable regulatory ambiance for in a single other country listings by enterprises.

Mr Lu remarked that Hong Kong would change into a “mighty navigator” for Zhejiang’s globalisation efforts, whereas Zhejiang would change into Hong Kong’s most effective partner.

He said: “By the usage of deepening economic cooperation, Zhejiang enterprises can leverage Hong Kong’s world platform to additional amplify into world markets and strengthen their value visibility. Hong Kong enterprises can additionally amplify their investments in Zhejiang and Ningbo to part the advantages of Mainland China’s economic vogue. Within the technology self-discipline, we scrutinize joint efforts by be taught institutions and enterprises from every aspects, and we imagine that more technological innovation and industrialisation will be carried out in every areas.”

Mr Peng stated that for loads of years, individuals of Hong Kong’s Ningbo team dangle been contributing to the enchancment of Hong Kong and the nation, constructing many consuming tales of patriotism exhibiting cherish for their fatherland and showcasing entrepreneurial innovation.

He infamous: “In most up-to-date years, cooperation between Ningbo and Hong Kong has been greatly developed and repeatedly deepened, yielding fruitful outcomes. For the of us of Ningbo, Hong Kong isn’t very exclusively the enviornment-renowned ‘Pearl of the Orient’, but additionally a genuinely fundamental force riding Ningbo’s reform, opening up, and modernisation. It’s some distance a state of deep emotional connections and an different-prosperous metropolis linking us to the wider world. Ningbo will strive to raise Ningbo-Hong Kong cooperation to new heights.”

Dr Lam said: “This occasion showcased Hong Kong’s outlandish advantages as a world industry hub and explored how Zhejiang enterprises, particularly those from Ningbo, can leverage our industry platform and partner with our knowledgeable knowledgeable services to optimise their operations and skedaddle their world expansion.”

Following the opening ceremony, Deputy Monetary Secretary of the HKSAR Government Michael Wong launched Hong Kong’s advantages, encouraging Zhejiang enterprises to utilise Hong Kong’s platform to attach with world markets. He infamous that since 2022, over 80 key enterprises dangle established themselves or expanded their operations in Hong Kong, with 80% coming from Mainland China, in conjunction with many leading companies all the diagram by fields, similar to AI and robotics, files science, developed manufacturing, spruce vitality, lifestyles and health technology and fintech.

Mr Wong said: “In this era, in which the realm economic system and world change face critical challenges, we favor to unite and work together bigger than ever. In Hong Kong, we can leverage our strengths to meet the nation’s needs and actively integrate into the country’s overall vogue. We hope to affix fingers with mainland enterprises to create a bigger the next day.”

In her keynote speech, Casa Bauhinia Co-Founder Prof Anna Pao Sohmen shared insights on future Zhejiang (Ningbo) – Hong Kong collaboration. She stated that Hong Kong enjoys a prolonged-standing lawful machine, an starting up free market and an very excellent strategic space, and with the enterprising spirit of Ningbo enterprises, they’ll without a doubt create golden opportunities. She said: “The pragmatic and begin map of Ningbo, mixed with Hong Kong’s ‘Lion Rock spirit’ and could well-give up map, will surely lead to breakthroughs.”

One day of the occasion, Make investments Hong Kong signed MOUs with 12 Zhejiang (in conjunction with Ningbo) endeavor representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration initiatives.

On Thursday, HKSAR Chief Government John Lee and Secretary of the Zhejiang Provincial Committee Wang Hao attended the First Plenary Session of the Hong Kong/Zhejiang Co-operation Conference. The Zhejiang/Hong Kong co-operation mechanism became once established all the diagram by the conference, marking a brand new chapter for comprehensive change and collaboration between the 2 areas. On the assembly, the 2 governments signed MoUs on 13 key areas, covering 51 initiatives. One MoU signed between HKTDC and the Department of Commerce of Zhejiang Province outlined targets for the HKTDC to proactively reduction Hong Kong companies to invest and amplify in Zhejiang, and to additionally organise change delegations from varied sectors to lope to Zhejiang. The 2 counterparts will proceed to search out new areas of change collaboration to promote fine quality vogue.

One day of the panel dialogue on Friday, significant traffic – in conjunction with Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai, Chief Government of Hong Kong Exchanges and Clearing Tiny Bonnie Chan; and Chief Government Officer of the Airport Authority Hong Kong Vivian Cheung – exchanged thoughts on collaboration opportunities in finance, I&T and present chain. Government Director and Co-President of Tigermed Hao Wu additionally shared his company’s success in reaching world enhance by leveraging Hong Kong’s platform.

The three thematic roundtable periods held in the afternoon attracted loads of enterprises. Focusing on subjects similar to listing in Hong Kong, opportunities for innovation and technology companies, and execrable-border present chain administration, the periods introduced together institutions and companies from Hong Kong and Zhejiang for in-depth and targeted discussions on future collaborations.

One day of the occasion, HKTDC, Make investments Hong Kong and the Immigration Department of the HKSAR Government space up session cubicles to execute knowledgeable advisory services to attendees.

The dialogue board has change into a genuinely fundamental platform for deepening Zhejiang-Hong Kong collaboration, enabling more mainland enterprises to leverage Hong Kong’s industry advantages and partner with its knowledgeable services sector to amplify globally.

Characterize download: https://bit.ly/3GonfSl

Media enquiries

Metropolis Explicit (PR company):

HKTDC’s Shanghai Position of labor:

HKTDC’s Communications & Public Affairs Department:

About HKTDC

The Hong Kong Replace Constructing Council (HKTDC) is a statutory physique established in 1966 to promote, reduction and dangle Hong Kong’s change. With over 50 offices globally, in conjunction with 13 in Mainland China, the HKTDC promotes Hong Kong as a two-diagram world investment and industry hub. The HKTDC organises world exhibitions, conferences and industry missions to create industry opportunities for companies, particularly runt and medium-sized enterprises (SMEs), in the mainland and world markets. The HKTDC additionally offers up-to-date market insights and product files by capability of be taught experiences and digital files channels. For more files, please visit: www.hktdc.com/aboutus. 

Topic: Replace Point out or Conference

Source: HKTDC

Sectors: Replace Reveals, Day-after-day Finance, Day-after-day News

http://www.acnnewswire.com

From the Asia Corporate News Community

Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Community.