China MFA Commissioner's office plans cooperation platform

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(PARKER ZHENG / CHINA DAILY)

Planned three-way cooperation between the Chinese mainland, Hong Kong and foreign nations should let Hong Kong-based foreign enterprises respond more readily to opportunities provided by the mainland’s development, the Foreign Ministry’s top representative in the city said.

Xie Feng, commissioner of the Ministry of Foreign Affairs in the Hong Kong Special Administrative Region, elaborated on these proposals in Hong Kong on Wednesday.

Xie, briefing foreign business chambers and multinational corporations in Hong Kong, is upbeat about the new outlook presented by the Communist Party of China at its 19th National Congress in Beijing last month.

The congress noted that the nation’s development had entered “a new era of socialism with Chinese characteristics”.

To intensify the Guangdong-Hong Kong-Macao Greater Bay Area development, Xie said his office is considering building platforms for regular information exchanges between foreign commerce chambers in Hong Kong and government officials from Hong Kong and Guangdong, as well as central government authorities such as the top economic policy planning body – the National Development and Reform Commission.

Tara Joseph, president of the American Chamber of Commerce in Hong Kong, said the briefing gave U.S. businesses insights on exploring tangible opportunities under new economic policies rolled out during the congress.

She said the U.S. side was actively exploring potential cooperation within the bay area, especially in the logistics, education and technology sectors.

Read more at China Daily