Zhongxin Wanghai, June 6 (Reporter Fan Yubin) The signing ceremony of the memorandum of understanding between the Shanghai General Chamber of Commerce and the Hong Kong Chinese General Chamber of Commerce to comprehensively strengthen strategic cooperation was held in Shanghai on 4 June, and the two sides will establish a working mechanism to enhance cooperation and exchanges, promote integration and innovation, and deepen economic and trade cooperation between Shanghai and Hong Kong.

According to the agreement, in the future, the two sides will establish a collaborative exchange mechanism and a coordination mechanism committee, establish an information sharing mechanism, organize mutual visits between economic and trade delegations, build an exchange platform, serve enterprises to participate in exhibitions, jointly carry out training for young entrepreneurs, promote project cooperation between enterprises of the two places in finance, law, logistics, scientific and technological innovation, digital economy, health and other fields, and encourage enterprises of the two places to jointly "go global" and seize the opportunities of the "Belt and Road".

Shanghai and Hong Kong are culturally friendly, economically integrated and developed together, and the industrial and commercial circles of the two places have maintained close economic and trade exchanges for a long time. In 2022, the import and export trade volume of Shanghai and Hong Kong exceeded RMB1600 billion, an increase of 1997.7 times over 5, and since the launch of the Shanghai-Hong Kong Stock Connect in November 2014, the daily transaction volume of "southbound" and "northbound" will increase by about three times by the end of 11. Shanghai and Hong Kong have also carried out many fruitful co-operation projects in the fields of scientific and technological innovation, financial services, culture and education, injecting new momentum into the economic and social development of the two places.

2023 marks the 20th anniversary of the establishment of the Shanghai-Hong Kong Co-operation Mechanism. "The development of Shanghai and Hong Kong fully reflects the distinctive characteristics of 'Shanghai in Hong Kong and Shanghai in Hong Kong', and it is of great significance for the two places to complement each other and learn from each other. In the future, it is believed that the Shanghai-Hong Kong cooperation mechanism will continue to be upgraded, and there will be versions 2.0 and 3.0. Cai Guanshen, president of the Chinese General Chamber of Commerce of Hong Kong and chairman of Hong Kong Xinhua Group, said in an interview with Chinanews.com, "Shanghai and Hong Kong are both international metropolises, each has very strong advantages, both places are very active in progress, the 'strong combination' of the chambers of commerce of the two places will definitely make greater contributions to the development of Shanghai and Hong Kong and the development of the country." ”

"Hong Kong and Shanghai are two pearls embedded in the motherland's territory, reflecting each other." Tang Liang, vice president of Shanghai General Chamber of Commerce and chairman of Aosheng Group Co., Ltd., said that both Shanghai General Chamber of Commerce and Hong Kong Chinese General Chamber of Commerce are chambers of commerce with a long history and profound heritage. "We will closely focus on the overall development situation and major strategic deployment of the country, give full play to their respective advantages and characteristics, further serve and integrate into the new development pattern, further expand the fields and space of Shanghai-Hong Kong cooperation, and strive to achieve more fruitful results."

Zhou Minhao, chairman of the Shanghai Council for the Promotion of International Trade and president of the Shanghai Chamber of International Commerce, said that since the establishment of the Shanghai-Hong Kong Economic and Trade Co-operation Conference mechanism in 2003, cooperation in economic, trade, financial and other fields between the two places has been continuously expanded, and Hong Kong has become an important force in the construction of the "Belt and Road" and an important window for Shanghai enterprises to "go global". "At the large-scale professional exhibitions held by CCPIT, Hong Kong enterprises are an important group of exhibitors, and Hong Kong enterprises have enthusiastically participated in major brand exhibitions, which fully reflects the confidence of the Hong Kong business community in the huge market of 14.<> billion people in the mainland."

As an important part of the economic and trade exchanges between the two places, the first "Shanghai-Hong Kong Entrepreneurs Roundtable" was held simultaneously, and representatives of entrepreneurs from the two places exchanged views on the characteristics and advantages of Shanghai and Hong Kong, focusing on cooperation needs and investment experience.

Chen Tong, member of the Standing Committee of the Shanghai Municipal Party Committee and director of the United Front Work Department, said that the industrial and commercial circles of Shanghai and Hong Kong have maintained close economic and trade exchanges for a long time, Hong Kong is based on international links with China, and Shanghai is based on domestic links with the world, and many fruitful cooperation projects between the two sides fully demonstrate the strength and potential of the business communities of Shanghai and Hong Kong, and continuously inject new momentum into the economic and social development of the two places. Shanghai is striving to build a market-oriented, rule-of-law and internationalized first-class business environment, deeply building the "five centers" and a youth development city, and providing new opportunities and broad horizons for Shanghai and Hong Kong entrepreneurs to invest and set up business in Shanghai, cooperate and exchange.

Chen Tong pointed out that he hoped that the General Chambers of Commerce of the two places would uphold the fine traditions of the industrial and commercial circles and unswervingly safeguard Hong Kong's long-term prosperity and stability. Carry out institutionalized, normalized and high-level exchanges and cooperation, and more extensive, deeper and higher-level coordination and integration to form more pragmatic results. Give play to the role of bridge, unite and unite more business people, and make greater contributions to the hand-in-hand progress and win-win cooperation between Shanghai and Hong Kong. (End)