Hong Kong's Financial Secretary, Chen Maobo, emphasized the region's pivotal role as a "super converter" for mainland enterprises aiming to expand globally. In a recent blog post, Chen highlighted Hong Kong's strategic position under China's "dual circulation" strategy, serving as a crucial link between mainland technological innovations and international markets. He noted that Hong Kong's international advantages facilitate the transformation of mainland R&D achievements into global market orders.
Chen also pointed out that Hong Kong can attract international long-term investments, crucial for supporting hard-tech enterprises requiring "patient capital." This investment approach, characterized by being "small, early, and long-term," is essential for nurturing potential sci-tech enterprises and emerging industries. Additionally, the development of the Northern Metropolis in Hong Kong is expected to synergize with the entrepreneurial spirit of mainland cities like Xi’an, fostering a cycle of growth in education, technology, and industry.
Hong Kong Positioned as Key Global Gateway for Mainland Enterprises
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