The Hong Kong government has established a "Mainland Enterprises Going Global Task Force." KPMG: Will increase manpower and provide support according to demand.

date
15:45 06/10/2025
avatar
GMT Eight
The Hong Kong government has established a special team for Mainland Chinese companies venturing overseas. Zhang Yanxian said that KPMG has already set up offices in the Middle East and has an international network, which can serve as a local contact person and will increase manpower and provide support according to the needs of the company.
The Hong Kong government has established a "Mainland Enterprises Going Global Special Task Force", with many financial institutions participating as partners. Zhang Yingxian, Vice Chairman of KPMG China and Chief Partner of Hong Kong Special Administrative Region, stated that the government has not set performance indicators for the clients of the special task force, but believes that the more clients they serve, the better. Faced with tariff challenges and fluctuating policies in Europe and the United States, clients need to ensure that their supply chain networks can cope with risks. The bank has set up an office in the Middle East and has an international network that can play the role of a local contact person according to the needs of the company. Diao Zhihai, head of international business at CICC Wealth Management, stated that companies in Hong Kong can access more international investors and upstream and downstream companies, support capacity expansion, etc. In addition, with the government providing policy guidance and support networks for enterprises, Hong Kong is believed to be able to become a "gateway" for Mainland enterprises to go global. Besides increasing manpower, experience is also very important. For example, Chinese internet companies have validated business models in China's huge market, which can be replicated in markets with similarly large populations such as Indonesia. The bank has been actively promoting internationalization in recent years and believes it can provide services in asset management, fixed income, and other areas.