HK empowers mainland tech firms: FS

Financial Secretary Paul Chan on Sunday said Hong Kong has been empowering mainland enterprises as a "super connector". Writing in his weekly blog, Chan said the country is creating the “China Opportunity 2.0” with innovation and technology, as well as its vast market, under a complicated and ever-changing global landscape. “Hong Kong, with its internationalisation, capital, talent and institutional advantages under ‘One Country, Two Systems’, can translate these opportunities into development prospects that overseas investors can better understand and participate in,” he said. “Through this, we convert technological strengths into asset value recognised by global capital.” The finance chief said during his visit to Dalian and Xi’an over the past week, he had exchanges with more than 100 business representatives. Hong Kong not only serves as a channel for attracting investments, but also a key link for mainland enterprises and products to go global, he said. Chan noted that the country's outstanding innovation and technology strengths could be linked with Hong Kong’s international connectivity for greater synergy. He went on to say that the Northern Metropolis would promote industrial development, adding the SAR welcomes further collaboration with the mainland to boost innovation. Edited by Edmond Fong