Vice Minister of Commerce Ling Ji Presides over "Invest in China" Roundtable Meeting in Hong Kong and Meets with Heads of Hong Kong Business Associations

On March 17th, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations Ling Ji hosted the “Invest in China” Roundtable in Hong Kong. Representatives from over 40 Hong Kong-based companies and multinational corporations in Hong Kong, including the Hong Kong Chinese Manufacturers’ Association, Hong Kong General Chamber of Commerce, Hong Kong Chinese Exporters’ Association, Tatung Machinery, Xin Jia International, Xinyi Glass, IBM, Roche, and Bofeng, attended the meeting. The Foreign Investment Department, Taiwan, Hong Kong, and Macao Department, Hong Kong Trade Development Council, Hong Kong SAR Government’s Commerce and Economic Development Bureau, Hong Kong Key Enterprise Introduction Office, and Hong Kong Investment Promotion Agency also participated and addressed concerns raised by the companies.

Ling Ji stated that the recent “Two Sessions” concluded with the official approval of the 14th Five-Year Plan. During the “Fourteenth Five-Year” period, China will promote high-quality development through new quality productivity and technological innovation, with expanding domestic demand as a strategic foundation, and will further open up at a high level to provide broad development space for international investors, including Hong Kong enterprises. China is committed to upholding multilateralism and free trade, maintaining the resilience and security of the global industrial and supply chains, focusing on doing its own work well, and continuously injecting certainty and stability into global economic growth.

Ling Ji pointed out that Hong Kong has long served as a window and bridge connecting the mainland and international markets, resonating with the country’s development. He hopes Hong Kong enterprises and multinational companies in Hong Kong will actively participate in the emerging pillar industries and future industries outlined in the “Fourteenth Five-Year” Plan, leveraging Hong Kong’s “Four Centers” advantages to achieve mutual benefits and win-win results.

The participating chambers of commerce and companies expressed that the “Fourteenth Five-Year” Plan is inspiring and is a grand blueprint guiding China’s future development. Hong Kong enterprises and multinational companies in Hong Kong will remain committed to investing and developing in China, promoting the transformation and upgrading of traditional industries and exploring emerging industries simultaneously, reigniting the “Invest in China” initiative.

Before the meeting, Ling Ji held small-scale discussions with leaders of major Hong Kong chambers of commerce.

(Source: Ministry of Commerce website)