Strengthening Hong Kong-Zhejiang Ties

– Hong Kong Funding Promotion Conference – Zhejiang Ningbo Dialogue board cum Ningbo-Hong Kong Economic Co-operation Dialogue board was successfully held in Ningbo, attracting over 600 authorities and industry leaders

– Promoted Hong Kong’s role as superconnector and natty worth-adder to Zhejiang’s industry community, focusing on competitive advantages in finance, provide chain, innovation and expertise and professional services and products

– Three roundtable classes facilitated comprehensive industry networking between Zhejiang, Ningbo and Hong Kong

HONG KONG, Apr 25, 2025 – (ACN Newswire) – The Hong Kong Funding Promotion Conference – Zhejiang Ningbo Dialogue board cum Ningbo-Hong Kong Economic Co-operation Dialogue board, co-organised by the Hong Kong Change Pattern Council (HKTDC), the Hong Kong SAR (HKSAR) Executive and Ningbo Municipal Americans’s Executive, was held on the present time on the Shangri-La Lodge, Ningbo. The tournament attracted over 600 authorities and industry leaders who discussed collaboration opportunities amongst Zhejiang, Ningbo and Hong Kong.

The tournament was held on the twentieth anniversary of the Ningbo-Hong Kong Economic Co-operation Dialogue board. Hong Kong’s industry advantages were highlighted to Zhejiang authorities officials as successfully as industry leaders from the finance, provide chain, innovation and expertise and professional services and products sectors. As successfully as to fostering Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration, Zhejiang enterprises were encouraged to leverage Hong Kong’s platform to discover opportunities.

The Dialogue board’s opening ceremony was hosted by Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Executive Tang Feifan this morning, with speeches delivered by the HKSAR Chief Govt John Lee, Govt Vice Director of the Hong Kong and Macao Work Do of industrial of the CPC Central Committee and the Hong Kong and Macao Affairs Do of industrial of the Speak Council Zhou Ji, Chief Engineer of the Ministry of Industry and Data Technology Xie Shaofeng, Chief Threat Officer and Director Total of the Division of Public Offering Supervision of the China Securities Regulatory Payment Yan Bojin, Vice Governor of Zhejiang Provincial Executive 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 stated: “The Hong Kong SAR Executive and the HKTDC established a high worth-added provide chain provider mechanism on the pause of ultimate three hundred and sixty five days to wait on mainland enterprises dwelling up international or regional headquarters in Hong Kong to administer offshore commerce and provide chains. Hong Kong has tough international commerce networks and rich expertise, diverse talent and world-class professional services and products. We are successfully positioned to provide mainland enterprises contemporary provide chain services and products and lead these agencies in exploring rising markets, breaking through the US blockade.”

Mr Zhou acknowledged that the historical ties between Zhejiang and Hong Kong are long-standing, with the two regions sharing finish personal family, cultural connections and industrial linkages. Hong Kong is Zhejiang’s biggest provide of international funding, the largest partner in commerce in services and products and 2d-biggest destination for Zhejiang’s out of the country investments. By the pause of 2024, Hong Kong has established over 30,000 enterprises in Zhejiang, while Zhejiang had invested in over 3,000 enterprises in Hong Kong. The mutually helpful collaboration between Zhejiang and Hong Kong is an exemplary mannequin of regional cooperation between the mainland and Hong Kong.

Mr Xie acknowledged that Zhejiang’s digital economy is vibrant, with renowned advantages in industry agglomeration and solid momentum in increasing industry and files expertise. Ningbo and Hong Kong are both international port cities, sharing a finish bond, human connection and industrial ties, with a protracted-standing historical past of interaction between the two locations. Looking in direction of the longer term, the Ministry of Industry and Data Technology will continue to wait on Ningbo and Hong Kong in strengthening substitute and cooperation, promoting complementary advantages to make contemporary and better contributions to be definite the prosperity of Hong Kong’s economy and the nation’s modernisation.

Mr Yan stated that the China Securities Regulatory Payment fully helps mainland enterprises list in Hong Kong. In March 2023, the China Securities Regulatory Payment utilized contemporary guidelines for out of the country listings and established a regulatory coordination mechanism with varied ministries. Since implementing the contemporary principles, 141 mainland enterprises bear done the filing course of for list in Hong Kong, at the side of 19 enterprises from Zhejiang. Amongst these, 13 Zhejiang enterprises and one Ningbo endeavor bear done their list. These corporations are all in favour of key sectors, corresponding to files expertise, biomedicine and user goods, contributing to the Hong Kong Stock Change ranking fourth globally in IPOs  in 2024.

He pointed out that the following step for the China Securities Regulatory Payment is to continue enhancing the institutional mechanism to provide a extra transparent, efficient and predictable regulatory surroundings for out of the country listings by enterprises.

Mr Lu remarked that Hong Kong would turn into a “natty navigator” for Zhejiang’s globalisation efforts, while Zhejiang would turn into Hong Kong’s finest partner.

He stated: “By technique of deepening economic cooperation, Zhejiang enterprises can leverage Hong Kong’s international platform to extra make bigger into global markets and enhance their stamp visibility. Hong Kong enterprises can moreover make bigger their investments in Zhejiang and Ningbo to portion the benefits of Mainland China’s economic vogue. In the expertise field, we scrutinize joint efforts by research institutions and enterprises from both aspects, and we imagine that extra technological innovation and industrialisation will most likely be accomplished in both regions.”

Mr Peng acknowledged that for a couple of years, members of Hong Kong’s Ningbo community were contributing to the enchancment of Hong Kong and the nation, creating many spirited stories of patriotism showing love for their fatherland and showcasing entrepreneurial innovation.

He infamous: “As of late, cooperation between Ningbo and Hong Kong has been seriously developed and constantly deepened, yielding fruitful outcomes. For the americans of Ningbo, Hong Kong is no longer easiest the area-infamous ‘Pearl of the Orient’, however moreover a important power utilizing Ningbo’s reform, opening up, and modernisation. It is a dwelling of deep emotional connections and a probability-rich city linking us to the wider world. Ningbo will strive to elevate Ningbo-Hong Kong cooperation to contemporary heights.”

Dr Lam stated: “This tournament showcased Hong Kong’s fresh advantages as an international industry hub and explored how Zhejiang enterprises, in particular those from Ningbo, can leverage our industry platform and partner with our expert professional services and products to optimise their operations and scuttle up their global expansion.”

Following the opening ceremony, Deputy Financial Secretary of the HKSAR Executive Michael Wong offered Hong Kong’s advantages, encouraging Zhejiang enterprises to utilise Hong Kong’s platform to join with international markets. He infamous that since 2022, over 80 key enterprises bear established themselves or expanded their operations in Hong Kong, with 80% coming from Mainland China, at the side of many main corporations all over fields, corresponding to AI and robotics, files science, developed manufacturing, dazzling energy, life and successfully being expertise and fintech.

Mr Wong stated: “On this generation, wherein the worldwide economy and international commerce face significant challenges, we bear to unite and work together better than ever. In Hong Kong, we are in a position to leverage our strengths to meet the nation’s needs and actively integrate into the nation’s total vogue. We hope to affix fingers with mainland enterprises to derive a better tomorrow.”

In her keynote speech, Casa Bauhinia Co-Founder Prof Anna Pao Sohmen shared insights on future Zhejiang (Ningbo) – Hong Kong collaboration. She acknowledged that Hong Kong enjoys a protracted-standing upright system, an begin free market and a very perfect strategic space, and with the enterprising spirit of Ningbo enterprises, they’ll completely derive golden opportunities.

She stated: “The pragmatic and begin approach of Ningbo, blended with Hong Kong’s ‘Lion Rock spirit’ and may well perchance perchance-invent approach, will completely result in breakthroughs.”

In some unspecified time in the future of the tournament, Make investments Hong Kong signed MOUs with 12 Zhejiang (at the side of Ningbo) endeavor representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration tasks.

The day prior to this, HKSAR Chief Govt 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 was established at some stage in the conference, marking a brand contemporary chapter for comprehensive substitute and collaboration between the two regions. At the assembly, the two governments signed MoUs on 13 key areas, keeping 51 tasks. One MoU signed between HKTDC and the Division of Commerce of Zhejiang Province outlined targets for the HKTDC to proactively wait on Hong Kong agencies to speculate and make bigger in Zhejiang, and to moreover organise commerce delegations from varied sectors to consult with with Zhejiang. The two counterparts will continue to discover contemporary areas of commerce collaboration to promote top quality vogue.

In some unspecified time in the future of the panel dialogue on the present time, renowned guests – at the side of Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai, Chief Govt of Hong Kong Exchanges and Clearing Restricted Bonnie Chan; and Chief Govt Officer of the Airport Authority Hong Kong Vivian Cheung – exchanged strategies on collaboration opportunities in finance, I&T and provide chain. Govt Director and Co-President of Tigermed Hao Wu moreover shared his company’s success in reaching international growth by leveraging Hong Kong’s platform.

The three thematic roundtable classes held in the afternoon attracted varied enterprises. Specializing in subject issues corresponding to list in Hong Kong, opportunities for innovation and expertise corporations, and melancholy-border provide chain management, the classes brought together institutions and agencies from Hong Kong and Zhejiang for in-depth and centered discussions on future collaborations.

In some unspecified time in the future of the tournament, HKTDC, Make investments Hong Kong and the Immigration Division of the HKSAR Executive dwelling up session cubicles to provide professional advisory services and products to attendees.

The forum has turn into a very important platform for deepening Zhejiang-Hong Kong collaboration, enabling extra mainland enterprises to leverage Hong Kong’s industry advantages and partner with its professional services and products sector to make bigger globally.

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About HKTDC

The Hong Kong Change Pattern Council (HKTDC) is a statutory physique established in 1966 to promote, aid and make Hong Kong’s commerce. With over 50 offices globally, at the side of 13 in Mainland China, the HKTDC promotes Hong Kong as a two-blueprint global funding and industry hub. The HKTDC organises international exhibitions, conferences and industry missions to derive industry opportunities for corporations, in particular puny and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC moreover provides up-to-date market insights and product files through research reports and digital files channels. For added files, please consult with: www.hktdc.com/aboutus. 

Topic: Press liberate summary

Provide: HKTDC

Sectors: Change Shows, Day-to-day Finance, Day-to-day Data

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