"Hong Kong—The Cross-Border Supply Chain Management Hub for Chinese Mainland Enterprises" promotional event held in Nanjing
Highlighting Hong Kong's advantages as an offshore trade and multinational supply chain management center, an event on the 29th of August urged Jiangsu enterprises to seize opportunities from China's Belt and Road Initiative, the Regional Comprehensive Economic Partnership (RCEP), and the development of the Guangdong-Hong Kong-Macao Greater Bay Area to leverage Hong Kong for international business expansion.
Hong Kong's strategic positioning as an international financial, shipping, and trade hub, as well as a center for high-end global talent was the focus. The event also highlighted the advantages of Hong Kong's professional services industry and its active efforts to become a multinational supply chain management center, helping Jiangsu enterprises better manage their overseas production capacities and supply chain layouts.
Laura Liang Aron, Director of the Hong Kong Economic and Trade Office in Shanghai
Laura Liang Aron, Director of the Hong Kong Economic and Trade Office in Shanghai, stated, "Under 'one country, two systems', Hong Kong possesses unique advantages as it is backed by the motherland and connected to the world. It is highly specialized, market-oriented, and international, serving as a 'super connector' and 'super value-adder' between the nation and the world." She shared positive data on trade, tourism, employment, and immigration, highlighting Hong Kong's robust and stable economic environment. She encouraged businesses to utilize Hong Kong's relevant professional services to optimize all processes in multinational supply chain management.
Sun Jin, Deputy Director of Department of Commerce of Jiangsu Province
Sun Jin, Deputy Director of Department of Commerce of Jiangsu Province, shared with the attending business representatives the recent developments in investment and trade cooperation between Jiangsu and Hong Kong. He stated that in the future, Jiangsu enterprises will be encouraged to "go global" by fully leveraging Hong Kong's resource advantages to further improve their overseas supply chain layouts, enhance their strengths and competitiveness, and collaborate with Hong Kong enterprises to explore third-party markets in West Asia, Southeast Asia, and other Belt and Road regions, aiming for mutually beneficial cooperation.
Jiang Zhiping, Vice Chairman of the Jiangsu Modern Supply Chain Association
Jiang Zhiping, Vice Chairman of the Jiangsu Modern Supply Chain Association, stated, "Jiangsu is a major manufacturing province with a vast manufacturing base and a complete industrial supply chain. In recent years, more and more Jiangsu enterprises have begun expanding into overseas markets and participating in international competition. As an international finance center and a free trade port, Hong Kong can play a significant role in managing multinational supply chain layouts for mainland enterprises, including those from Jiangsu, due to its professional service institutions, efficient logistics network, and global connections." He encouraged Jiangsu enterprises to better understand Hong Kong's platforms and resources, hoping they can continue to optimize their supply chain management systems, enhance international competitiveness, and achieve higher quality development.
Dr. Jiang Xueli, Acting Director of InvestHK
Dr. Jiang Xueli, Acting Director of InvestHK, delivered a keynote speech for "Hong Kong—The Cross-Border Supply Chain Management Hub for Chinese Mainland Enterprises" covering three main topics: Hong Kong's unique advantages and opportunities, its strengths as a multinational supply chain management hub, and the SAR government's policies for attracting high-quality enterprises and talents. He also detailed the services and roles of InvestHK in assisting enterprises to "go global".
He stated, "We hope to attract mainland manufacturing enterprises to establish their offshore trade headquarters in Hong Kong, using the city as a base to manage multinational supply chain operations effectively, from procurement to sales. As an international logistics and finance center, Hong Kong can help enterprises manage upstream and downstream logistics, orders, production, and trade financing, connecting domestic and international markets." Hong Kong's international financial market can help Jiangsu enterprises expand with new financing channels. With its wealth of high-quality professional services and advantages, Hong Kong can establish itself as a multinational supply chain management center. Hong Kong is an ideal city for market expansion globally, and the Greater Bay Area and Belt and Road Initiative further enhance its economic advantages. "We hope this promotional event will help local businesses understand and fully utilize Hong Kong's professional services platform, enhancing their resilience and stability and better positioning their overseas operations."
Huang Mingkai, Head of the Foreign Exchange Services Department at Bank of East Asia Limited, presented a specialized session on Hong Kong's comprehensive cross-border finance and trade financing services. Liu Hao, General Manager of E-commerce at Kidswant Children Co., Ltd., also shared practical experience in supply chain management with the attendees.
The promotional event and luncheon in Nanjing was hosted by Invest Hong Kong (InvestHK, Hong Kong Special Administrative Region Government Department responsible for Foreign Direct Investment) and was titled "Hong Kong—The Cross-Border Supply Chain Management Hub for Chinese Mainland Enterprises".
It was jointly hosted by InvestHK and the Hong Kong Economic and Trade Office in Shanghai, Government of the Hong Kong Special Administration, People’s Republic of China, and co-organized with the Department of Commerce of Jiangsu Province, and supported by the Jiangsu Modern Supply Chain Association, with additional backing from the Bank of East Asia (China) Limited.