Ties been closer between PRD and Hong Kong
More than 1,000 senior officials, members of high society and business tycoons attended a gala dinner held by the Pearl River Delta (PRD) city of Jiangmen late last month with the aim to make better ties with commercial organizations in Hong Kong.
It was also said that the gala dinner was a good opportunity to exchange business ideas during the global crisis.
According to Wang Nanjian, mayor of Jiangmen city, besides the agreement with the Chinese Manufacturers Association of Hong Kong in mid-November, similar agreements were signed with the Federation of Hong Kong Productivity Council during the gala for closer cooperation in trade and investment.
The city government will also sign agreements with Hong Kong General Chamber of Commerce and the Chinese General Chamber of Commerce, he added.
Both Jiangmen city and commercial organizations in Hong Kong will sponsor exhibitions, seminars and other business activities, Wang said, and the two sides will exchange latest trade and investment policies, market information and investment information with each other.
The gala party will bring meaning results for development of trade and economic cooperation between Hong Kong and the PRD region, especially for Jiangmen.
The city government of Jiangmen is planning to set up an industrial park exclusively for Hong Kong investors and sponsor a seminar on the development of advanced manufacturing industry in the PRD region in December, according to the mayor.
During the seventh dinner this year, John Tsang, financial secretary of Hong Kong SAR, haled the get-together and said that relations between Hong Kong and Jiangmen will definitely become closer.
Tsang called on Hong Kong businessmen to seize the good opportunity offered by the central and Hong Kong governments to expand business amid global recession.
Based on the official statistics, about 70% of the city’s total overseas capital is from Hong Kong’s investment which is over $8 billion. And there have been over 2,500 enterprises set up by Hong Kong investors in Jiangmen.
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