Chen Maobo: Hong Kong relies on "One Country, Two Systems" to serve as a super connector and seize the opportunities of China 2.0.
Chen Maobo stated that the country is creating "China Opportunity 2.0" through the large-scale market and technological innovation dividend. Hong Kong is playing the role of "super connector", "super value-added person", and "super converter", empowering and adding value to mainland enterprises, while also enhancing its own development.
On June 28th, Hong Kong Financial Secretary Paul Chan Mo-po published a blog post summarizing his trip to Dalian and Xi'an over the past week. Paul Chan Mo-po stated that the country is creating "China Opportunity 2.0" with a super-large-scale market and technological innovation dividend, and Hong Kong's international advantages under the "One Country, Two Systems" policy can transform these opportunities into development opportunities for overseas investors. From heavy equipment in Dalian to advanced technology in Xi'an, Hong Kong is serving as a "super connector," "super value-added person," and "super converter" to empower mainland enterprises and enhance its own development.
Paul Chan Mo-po's trip included attending the Summer Davos Forum and the first Western Business Aerospace Conference, as well as in-depth exchanges with the political, business, and academic communities in Liaoning and Shaanxi. He summarized three observations about the collaborative development between Hong Kong and these regions.
Firstly, the outstanding innovation and technology capabilities of the mainland and the efficient collaboration with Hong Kong's "internationalization." Liaoning has strong capabilities in heavy industry, equipment manufacturing, and shipbuilding, while Shaanxi has clear advantages in advanced technology and aerospace industries. Hong Kong's international advantages - including common law system, intellectual property protection, free flow of capital, and professional services that are in line with international standards - can assist mainland enterprises in converting research and development achievements into overseas orders, allowing for precise connection between "mainland research and development" and "global application," and playing the role of a "converter."
The second observation is the interaction between funding and technology. Whether at business promotion events in Dalian, entrepreneur forums in Xi'an, or science and technology enterprise exchanges in Nanjing, entrepreneurs generally have a strong desire to raise international funds. They not only need actual capital but also hope to enhance their international visibility and talent attraction by attracting international investors. He pointed out that Hong Kong can play a leading role in attracting long-term international capital to support the development of advanced technology and emerging industries.
The third observation is the high-frequency interaction between technology, education, talent, and industry. Xi'an has a strong entrepreneurial atmosphere in its universities, with doctoral students in science and engineering commonly starting science and technology enterprises to drive the commercialization of research results. This aligns closely with the development direction of the northern metropolitan areas, and there is hope for strengthened cooperation in the future to bring together top research teams and create a positive cycle.
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