Representatives of the Hong Kong Special Administrative Region Government in Canada encourage Canadian companies to make good use of the Hong Kong platform

　　Chinanews.com, Toronto, February 18. When attending local New Year celebrations during the Spring Festival, Wu Wanjing, Director of the Hong Kong Economic and Trade Office in Toronto, said that Hong Kong, as the gateway to China's mainland and part of the "Guangdong-Hong Kong-Macao Greater Bay Area", plays an important role in the country’s innovative economy. Play a key role in the development strategy.

She encouraged Canadian companies to make good use of the Hong Kong platform to expand or seize new opportunities.

　　Wu Wanjing introduced Hong Kong's business advantages to participants when participating in the online Chinese New Year celebrations organized by the Hong Kong-Canada Chamber of Commerce (Toronto Branch) and Entrepreneurship Association on February 18.

She introduced that under the principle of "one country, two systems", Hong Kong has a world-class financial system and diversified professional services to support the system, free flow of information, professionals, capital and goods, continuous rule of law and a simple low tax system.

　　As the representative of the Hong Kong Special Administrative Region Government in Canada, Wu Weijing said that Hong Kong has been the world's five largest public offering market in the past 10 years, and the amount of funds raised through initial public offerings has ranked first in the world for 7 years in the past 11 years.

In addition, Hong Kong is also the preferred location for the outflow of foreign direct investment from Mainland China.

　　Wu Wanjing pointed out that China was the first country to reopen and restart its economy during the anti-epidemic period. Its GDP recorded growth in 2020. Last year, the trade between China and Canada also increased by about 10%.

　　She encouraged Canadian companies to make good use of Hong Kong's advantages to develop business to the Chinese mainland and ASEAN markets. "In 2021, we will focus on creating business opportunities that can integrate these development strategies and provide Canadian companies with new opportunities."

　　During the Spring Festival, Wu Wanjing also attended a series of online Chinese New Year celebrations organized by the Hong Kong and Canada Chamber of Commerce (Ottawa and Atlantic Chapter) and different Chinese organizations including Toronto Chinese Chamber of Commerce, Mississauga Chinese Chamber of Commerce, Hamilton Chinese Chamber of Commerce and Brampton Chinese Chamber of Commerce.

She said that as vaccination programs are launched around the world, she is confident that business activities between Hong Kong and Canada will become more frequent in the coming year.