Chen Maobo: Hong Kong is the preferred platform for mainland enterprises to go global and will do everything possible to support enterprises going overseas.

date
09/09/2025
avatar
GMT Eight
Hong Kong not only serves as a platform to help mainland Chinese companies go global, but its vibrant financial market can also support these companies in raising funds to expand their overseas businesses.
On September 9th, Hong Kong Financial Secretary Paul Chan Mo-po delivered a speech at the seminar "Hong Kong: the preferred platform for mainland enterprises' globalization", stating that Hong Kong is the southern gateway of the country and has unique advantages of internationalization and diversity under the principle of "one country, two systems". Hong Kong not only serves as a platform to help mainland enterprises expand overseas, but its thriving financial market can also support mainland enterprises in raising funds for developing their overseas business. With solid support from the central government, Hong Kong will do its utmost to support mainland enterprises in their overseas development. Paul Chan Mo-po pointed out that Hong Kong's advantages are widely recognized by the international community. According to the "World Competitiveness Yearbook" published by the International Institute for Management Development in Lausanne, Switzerland, Hong Kong has risen four places to third globally for two consecutive years. In the Global Financial Centres Index released in March of this year, Hong Kong ranked third, topping the list in Asia-Pacific. The Fraser Institute of Canada also rated Hong Kong as the world's freest economy last year. In the recently released "Global Talent Competitiveness Index 2025", Hong Kong ranked fourth globally and first in Asia. Additionally, the number of foreign companies in Hong Kong reached a historical high of 9960 last year, with the largest number of companies from the mainland, accounting for over a quarter of the total. In terms of financial services, Hong Kong has a full range of financing markets to provide financial support to enterprises at different stages of development. Whether it's angel investments, venture capital, private equity funds, securities markets, or bank loans, Hong Kong is able to connect global funds with enterprises, supporting their business expansion comprehensively and at multiple levels. Of particular note, Hong Kong is also a global hub for offshore RMB business, providing mainland enterprises with RMB financing overseas and enabling them to manage and invest offshore RMB. By establishing financial centers in Hong Kong, enterprises can efficiently integrate and allocate global funds, achieve cross-border fund pool management, optimize liquidity allocation, reduce exchange rate risks, and improve fund utilization efficiency. Hong Kong's excellent financial infrastructure, free flow of funds, and internationally aligned regulatory system provide secure, convenient, and efficient solutions for overseas fund management for enterprises. In recent years, the Hong Kong SAR government has actively promoted Hong Kong as an international innovation and technology hub, deepening cooperation between government, industry, academia, research, and investment. Many mainland enterprises have established research and development centers in Hong Kong in recent years, advancing their products and technologies globally. In fact, in the latest "Global Innovation Index 2025" released by the World Intellectual Property Organization, the "Shenzhen-Hong Kong-Guangzhou" cluster ranked first globally for the first time, reflecting the international recognition of the innovative capabilities of the Guangdong-Hong Kong-Macao Greater Bay Area. Hong Kong not only serves as a place for innovation and technological output and accelerated growth in the Greater Bay Area, but also provides comprehensive intellectual property protection for mainland science and technology enterprises to go global. Paul Chan Mo-po stated that it is currently a trend for mainland enterprises to "go global", and in recent years, the Hong Kong SAR government has actively promoted Hong Kong as a center for multinational supply chain management. Various relevant departments are working together to assist mainland enterprises in establishing their international and regional headquarters for offshore trade and supply chain management in Hong Kong, helping them deploy global supply chains and expand overseas markets. So far, mainland enterprises that have successfully "gone global" through the platform of Hong Kong include those from the engineering machinery, creative industries, and logistics transport sectors.