HK, Guangzhou jointly hold investment seminar in Tokyo

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Last updated at: (Beijing Time) Saturday, September 21, 2002

HK, Guangzhou jointly hold investment seminar in Tokyo

Hong Kong and Guangzhou governments Friday jointly held an investment seminar for Japanese businessmen in Tokyo, according to the Information Services Department.

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Hong Kong and Guangzhou governments Friday jointly held an investment seminar for Japanese businessmen in Tokyo, according to the Information Services Department.

The purpose of the seminar was to introduce the advantages Hong Kong and Guangzhou - separately and jointly - can offer to Japanese companies as an investment destination following China's accession to the World Trade Organization, the department said in a news release.

Named the "Hong Kong - Guangzhou Investment Environment Seminar," it was the first overseas investment promotion event jointly organized by the Hong Kong Special Administrative Region government and a government body of the mainland.

Associate Director-General of Investment Promotion at Invest Hong Kong John Wan said the event was part of Invest Hong Kong's efforts to promote closer co-operation between the mainland and Hong Kong in publicizing the business opportunities in the Pearl River Delta.

"Hong Kong and Guangzhou aim to encourage and facilitate Japanese enterprises to set up manufacturing facilities in Guangzhou, and regional headquarters or 'beachheads' in Hong Kong to control or manage their China operations," he added.

The seminar was attended by 160 representatives from over 100 Japanese companies, mainly from IT, automotive components manufacturing and trade, technology, tourism, entertainment, financial services and transportation sectors.

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