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British, French businesses eyeing Hong Kong as launch pad for expansion into mainland China and rest of Asia, city’s Paul Chan says
- Finance minister wraps up visit to London and heads off to Germany as part of 10-day journey across Europe at head of 130-strong trade delegation
- ‘Hong Kong’s role as a gateway and springboard is highly evident. I encourage [French, UK businesses] to accelerate and expand their development in Hong Kong,’ Chan says
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British and French companies have spoken with Hong Kong officials about using the city as a base for expanding their operations into mainland China and the wider continent, the finance chief has revealed.
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While Financial Secretary Paul Chan Mo-po stopped short of naming the companies in his blog on Sunday, he quoted foreign business representatives as saying there was significant room to bolster cooperation in industries such as green technology and finance, innovation, as well as the arts and culture sector.
The minister made the remarks as he wrapped up his visit to London, the second stop in his 10-day journey across Europe at the head of a 130-strong trade delegation.
It is the largest delegation to set out from Hong Kong since the Covid-19 pandemic, kicking off with a visit to businesses in Paris.
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