SmartHK, a flagship event of Guangdong-Hong Kong Cooperation Week, drew about 2,000 business elites to Guangzhou this week, boosting cooperation between Hong Kong and the mainland centres of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
The meteoric growth of economies in Asia during the 20th and 21st centuries generated a phalanx of self-made millionaires and billionaires, many of whom now need to protect and grow their wealth for second and succeeding generations by setting up family offices.
SmartHK is the Hong Kong Trade Development Council’s (HKTDC) annual promotion event held in leading cities in Mainland China (including Guangzhou, Jinan, Chengdu, Fuzhou and Hangzhou) since 2011. The conference-oriented forum offers interactive sessions and business matching services for enterprises.
China’s active promotion of multilateralism through such measures as the Belt and Road Initiative, Guangdong-Hong Kong-Macao Greater Bay Area, and Regional Comprehensive Economic Partnership (RCEP) has contributed to its own economic transformation and given impetus to economic development in the Asia-Pacific region.
Indonesian companies could turn to Hong Kong as a fund-raising platform, drawn by the city’s global financial-hub status and strengths in finance, technology and other sectors which are growing rapidly in the archipelago.
Co-organised by the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Development Office of the Constitutional and Mainland Affairs Bureau of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council GoGBA Business Support scheme, the GoGBA Greater Bay Area Development Day this month helped Hong Kong people grasp development opportunities in the GBA.
For helpful tips, a webinar and panel discussion on prospects in two major cooperation platforms in the Guangdong-Hong Kong-Macao Greater Bay Rea – Qianhai and Nansha – look no further. This afternoon-long session features practical tactics and a chance to learn everything you need to know about the latest developments, commercial potential, ways to set up your business and expansion strategies as well as information on support schemes and services.
The key role of Hong Kong has always been that of connector – between Mainland China and the world, and between East Asia and the world; disruptions brought by the COVID-19 pandemic and global upheaval brought the need to strengthening this role.
Leaders in the key Gulf states of Saudi Arabia and the United Arab Emirates (UAE) enthusiastically welcomed the 30-strong Hong Kong delegation led by Chief Executive Mr John Lee and organised by the Hong Kong Trade Development Council (HKTDC), underlining the city’s role to connect them with the world.
Links between China and the Arabian Peninsula date back centuries – the Aladdin legend reputedly originated in China and marine trade with and through Arabia long predated links with Europe – so it is no surprise that Hong Kong reached out to Saudi Arabia and the United Arab Emirates after travel restrictions ended.