Hong Kong Business News

The 11th Belt & Road Summit entered its second day at the Convention & Exhibition Centre, featuring a newly introduced “Go Global Chapter” and a dedicated GoGlobal Connect Zone designed to assist Mainland enterprises in expanding their international footprint. 

Speaking at a thematic breakout session today, Secretary for Commerce & Economic Development Algernon Yau highlighted Hong Kong's role as the ideal platform for Mainland businesses venturing overseas. He noted that the Government’s GoGlobal Task Force has achieved substantial progress since its establishment last October.

“We have assisted over 300 Chinese Mainland enterprises in setting up or expanding business in Hong Kong; organised more than 20 promotional events; and engaged over 5,000 representatives of Chinese Mainland enterprises,” Mr Yau said.

He added that the Northern Metropolis development will unlock new land and prospects for Mainland companies to explore global opportunities. 

Business leaders attending the forum echoed these sentiments, pointing to Hong Kong's unique strategic advantages. Based at the Science and Technology Park since 2023, 3D mapping technology firm Chief Executive Officer Chen Li shared that operating in the city has accelerated her company's internationalisation by offering crucial expertise to navigate global market standards, including Environmental, Social, and Governance (ESG) frameworks.

Recalling her participation in a Chief Executive-led delegation to Central Asia in June, Ms Chen emphasised Hong Kong's influence, credibility and ability to build direct bridges with international stakeholders.

Similarly, Ren Junfei, founder and Chief Executive Officer of a financial services company, hailed the summit as an invaluable platform for gaining market insights across Belt & Road economies, noting that direct exchanges with consulates, embassies, government agencies and businesses pave a pathway for collaboration and opportunities.