Hong Kong Financial Secretary Paul Chan: The announcement of the fifth batch of key enterprises to be introduced is imminent.

According to a report from China News Service, Hong Kong Financial Secretary Paul Chan Mo-po stated in a blog post on the 10th that the Hong Kong Special Administrative Region Government's Invest Hong Kong office will soon announce the fifth batch of more than 10 key enterprises. The new batch of enterprises includes many from overseas, including several leading international pharmaceutical companies. Chan Mo-po pointed out that the SAR Government is actively attracting investment and talent, and related work is progressing rapidly. Since its establishment, the Invest Hong Kong office has attracted a total of 84 key enterprises engaged in cutting-edge technology. It is expected that in the coming years, they will bring approximately HK$50 billion in investment to Hong Kong and create over 20,000 jobs. In addition to fields such as artificial intelligence big data, life and health technology, financial technology, and new energy and advanced manufacturing, the Invest Hong Kong office will also bring in companies that combine innovation and creativity in order to further promote the development of the local creative cultural industry and accelerate the construction of Hong Kong as a center for cultural and artistic exchanges between China and foreign countries. He said that the Hong Kong Investment Management Company, as the SAR Government's "patient capital," is not only focused on nurturing local startups and enterprises, but also aims to leverage its international and regional networks to discover and invest in excellent teams and quality companies from mainland China and overseas, encouraging them to settle in Hong Kong. Currently, the Hong Kong Investment Management Company has invested in over 100 projects, with more than 10 companies already or preparing to apply for a listing in Hong Kong. Chan Mo-po believes that attracting key enterprises and talents complement each other and mutually promote each other. A more diversified industrial development, coupled with high-quality employment opportunities, education and living environment, will support Hong Kong in retaining and attracting talents for better development, forming a virtuous cycle of "industry + talent" progressing together. The SAR Government will continue to use multiple approaches to vigorously attract enterprises, funding, and talent, accelerating the transformation and upgrade of the Hong Kong economy.