“Belt and Road: Hong Kong-IN” Mainland Enterprises Partnership Exchange and Interface Programme Sharing Session

The Commerce and Economic Development Bureau, together with the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), launched the Mainland Enterprises Partnership Exchange and Interface Programme on 14 May 2021. The first sharing session under the Programme was organised in collaboration with the Hong Kong Chinese Enterprises Association (HKCEA) on even date, fostering ties between Mainland enterprises and Hong Kong's professional services bodies in seizing Belt and Road-related opportunities under the country’s new development strategy of “dual circulation”.

The Secretary for Commerce and Economic Development, Mr Edward Yau; the Director-General of the Bureau of Capital Operation and Returns Management of the SASAC, Mr Li Bing; and the Chairman of the HKCEA, Mr Miao Jianmin, spoke at the opening session. The Chief Executive of Swiss Re International SE Hong Kong Branch, Mr Jia Jingwei; the Senior Advisor (External) of the Hong Kong Monetary Authority, Mr Donald Chen; and Vice President of Mainland Development, Hong Kong Exchanges and Clearing Limited, Mr Edward Li introduced at the thematic discussion session the financing, professional risk management and insurance services in Hong Kong.

The Commissioner for Belt and Road, Dr Denis Yip, then moderated a panel discussion session with the Deputy Chief Executive of Bank of China (Hong Kong) Limited, Mr Wang Bing; the Executive Director, General Business of the Insurance Authority, Mr Simon Lam; the Vice President of China Life Insurance (Overseas) Company Limited, Mr Jiang Tao; and the General Manager of Enterprise Business of China Mobile International, Ms Emma Zeng as panelists. The discussion focused on business co-operation opportunities between Hong Kong and the Belt and Road-related countries and regions, and how Hong Kong’s professional services sector might support Mainland enterprises in “going global”. Please refer to the link for the rundown (Chinese only).

The sharing session was attended by about 100 representatives from over 40 enterprises and professional services bodies. Around 50 business matching sessions involving seven subsidiaries of state-owned enterprises in Hong Kong and over 20 local professional services providers were organised on the day, enabling them to establish connections and partnerships for Belt and Road projects in future. More details can be found in the press release.