Chief Executive Lee Ka-chao led a delegation yesterday (4th) to the Middle East to visit Saudi Arabia and the United Arab Emirates to strengthen trade and ties between Hong Kong and the two countries, and to seek business opportunities.
Li Jiachao met with the media after arriving in Riyadh, the capital of Saudi Arabia this morning (5 in the morning) and said that he will meet with the Minister of Investment of Saudi Arabia to exchange views later. I believe that both parties will have good communication in terms of investment and cooperation opportunities. Make some deals.
Li Jiachao and the delegation arrived in Saudi Arabia this morning.
He said that when he arrived, Badr AlBadr, Deputy Minister of Investment of Saudi Arabia, greeted him at the airport. The other party explained the itinerary, saying that the itinerary was tight, and he might even be busy and tired because of it, but the morale of the delegation was high, and he would meet with the Minister of Investment of Saudi Arabia later. At that time, we will exchange views and introduce the background of the members of the delegation.
Li Jiachao continued that he will promote Hong Kong's advantages in Saudi Arabia and strive for business opportunities. He hopes that the two sides can establish friendship and open exchanges and cooperation. He believes that a considerable number of agreements will be completed.
He also pointed out that this visit will strengthen Hong Kong's role as a facilitator and participant in the Belt and Road Initiative.
Li Jiachao: Encourage Saudi Aramco to come to Hong Kong for secondary listing
When asked whether it was one of the goals of his itinerary to seek the listing of the state-owned oil company Saudi Aramco in Hong Kong, Li Jiachao responded that he would visit Saudi Aramco and explain the advantages of Hong Kong. Come to Hong Kong with various participations, including secondary listings.
As for whether the listing threshold will be further lowered to attract Saudi Aramco to list in Hong Kong, Li Jiachao responded that he will definitely work hard in this regard, and also pointed out that the Hong Kong government has recently introduced some new rules for start-up companies, such as no need to have real performance, start-ups , especially in terms of new technology, we will try our best to optimize the rules to attract more such new enterprises and new technology enterprises to Hong Kong.
Subsequently, he stated on the social networking site that in the next week, he will lead a delegation from the special zone to visit Riyadh, Saudi Arabia, Abu Dhabi and Dubai in the United Arab Emirates, visit local government officials, and participate in seminars with business, financial, investment and professionals and other promotional activities.
He emphasized that the Middle East region is an important node of the country's "Belt and Road" initiative, with vigorous development and unlimited potential.
This visit represents Hong Kong's active participation in and promotion of the "Belt and Road" initiative.
Encourage Middle Eastern companies to set up offices in Hong Kong
Li Jiachao also pointed out that one of the goals of the government's future work is to focus on economic development and comprehensively promote Hong Kong to the mainland and overseas.
Hong Kong enjoys the unique advantage of "connecting the world with the motherland" and can cooperate with Saudi Arabia's "Vision 2030" and the UAE's "We the UAE 2031" to strengthen trade, investment and cultural ties between the two sides.
Hong Kong's financial services, business and professional services, and technology start-ups can find huge opportunities in the Middle East as both countries seek to strengthen their investment capabilities, diversify their economies and pursue smart city initiatives.
When meeting with government officials and executives of large enterprises in the Middle East, he would encourage them to come to Hong Kong to set up offices and develop business, hoping to see broader and deeper cooperation between Hong Kong and the Middle East.
In addition, the delegation included more than 30 people from the fields of finance, commerce and trade, including the chairman of the Science and Technology Park, the chairman of Cyberport, the representative of the instant express platform "Lalamove", etc., the general manager of SenseTime Hong Kong Company, and the member of the Legislative Council of the election committee Shang Hailong He is also a member of the visiting group.
Shang Hailong revealed that the delegation will attend two large-scale investment conferences, and will also visit the local political and business circles.
He expressed the hope that this visit can tell a good story about Hong Kong, help Hong Kong "attract more business and investment", and at the same time seize the opportunity to promote the latest "Hello, Hong Kong" promotional campaign launched by the Hong Kong government, "Hong Kong is restoring its relationship with the world Closely connected, we look forward to promoting people-to-people bonds through global attention.”
Lee Ka-chao: The trip to the Middle East strengthens ties and believes that Hong Kong’s advantages can meet local needs