Paul Chan: About one-fifth of the key companies settled in Hong Kong are from Europe and the United States. A total of nearly 50 companies in the two batches will invest more than HK$40 billion and create more than 13,000 jobs.

Nearly half of these companies are engaged in life and health technology, while others are in artificial intelligence and data science. Invest Hong Kong plans to open consulting offices in Cairo, Egypt and Izmir, Turkey this year to strengthen investment promotion in the Middle East and other regions along the Belt and Road Initiative.