In a significant step towards fostering cooperation and growth between Hong Kong businesses and mainland China's massive economic zone, a new service centre has been inaugurated in Guangzhou. The opening of this facility follows Chief Executive John Lee's announcement during his policy address, highlighting the government's commitment to support local enterprises seeking opportunities on the mainland.
The state-of-the-art service centre is expected to play an instrumental role by providing resources, guidance, and networking opportunities for Hong Kong entrepreneurs keen on expanding their operations within the Greater Bay Area (GBA). As a rapidly developing economic zone that encompasses nine cities in Guangdong province as well as Hong Kong and Macau SARs, GBA offers immense potential for businesses aiming for scalable growth.
Chief Executive John Lee expressed optimism about the impact of this initiative: "The opening of our new service centre signifies our dedication to strengthening ties with mainland China. We believe it will serve as an essential platform for Hong Kong companies looking to integrate into GBA's thriving market while bolstering their competitiveness."
To ensure seamless assistance at every stage of business expansion or relocation, the service centre will offer a comprehensive range of services such as legal advice, tax consultancy, talent acquisition support, and industry-specific insights. It also aims at facilitating collaboration between local institutions from both regions through joint programs focused on innovation-driven development.
Dr. Christine Loh Kung-wai – Under Secretary for Environment – emphasized how vital these collaborative efforts are amidst ever-evolving global dynamics: "As industries worldwide continue adapting to new challenges brought forth by technological advancements and sustainability concerns; regional integration becomes even more crucial." She added that working together with partners from GBA could open up novel avenues for mutual benefits beyond traditional boundaries.
Several business leaders have already expressed interest in utilizing these newly available resources offered by the Guangzhou-based service centre. Stella Wong, CEO of a Hong Kong-based tech firm, shared her enthusiasm: "The new service centre provides us with valuable guidance and support as we venture into uncharted territory. It acts as a bridge that connects Hong Kong businesses like ours to the vast opportunities available in GBA."
With this latest development aimed at fostering economic growth and cooperation within the region, it is evident that both Hong Kong and mainland China stand poised for an era of increased collaboration. As more local enterprises tap into GBA's vibrant ecosystem supported by initiatives like the Guangzhou service centre, their integration is bound to drive innovation and competitiveness on a global scale.