Stephen Chan: Welcome more mainland companies to come to Hong Kong, make full use of Hong Kong's full chain capital to strengthen their own development.

On March 10, Hong Kong Financial Secretary Paul Chan Mo-po delivered a speech at the 2026 Mainland Chinese Enterprise New Year Cocktail Reception, stating that Mainland Chinese enterprises have been rooted in Hong Kong and actively supporting the SAR government in promoting Hong Kong's economic development, playing a pivotal role in various industries. In recent years, Mainland Chinese enterprises have accelerated their pace of going global, with many using Hong Kong as a platform to raise funds, showcase products and services, conduct research and development activities, and even manage international operations. As the Chairman of the Hong Kong Chinese Enterprises Association just mentioned, there were nearly 3,100 Mainland Chinese-invested companies in Hong Kong last year, a 20% increase from 2024. Looking ahead, we welcome more Mainland Chinese enterprises to come to Hong Kong and fully leverage Hong Kong's comprehensive funding support and international advantages to strengthen their own development. In the Budget, we proposed the establishment of a cross-border professional service platform to support enterprises going global, which will be launched this month. Paul Chan Mo-po also mentioned that we also highly encourage Mainland Chinese enterprises to actively participate in the development of the Northern Metropolis Area, including the Hong Kong Park of the Hong Kong-Shenzhen Hebao Cooperation Zone (Hebao Shenzhen-Hong Kong Science and Innovation Zone), the Xintian Science and Technology City, and the Hongshuiqiao Industrial Park, bringing high-quality technology, talent, and upstream and downstream industrial chains to Hong Kong, leveraging its advantages, expanding international markets, and supporting the establishment of the Hong Kong International Innovation and Technology Center. The SAR government is ready to provide preferential policy packages and is willing to adopt flexible and innovative cooperation models, including land and tax incentives, financial support, and joint investment, in order to help everyone invest and do business in Hong Kong. The full text in Chinese can be found in the complete response.