Federation of Hong Kong Industries to lead delegations to Osaka and Hangzhou on the back of recent Vietnam trip highlighted in policy address
One of Hong Kong’s largest business chambers is taking on a bigger role in leading trade delegations to help local and mainland Chinese firms reach new markets abroad, with plans to visit Osaka this week and Hangzhou in December, according to its new chairman.
Chief Executive John Lee Ka-chiu highlighted in his policy address last week the Federation of Hong Kong Industries’ recent business trip to Vietnam as an example of how the city was pooling industry strengths to support companies’ efforts to go global.
Anthony Lam Sai-ho, who became chairman of the federation in early August, said that the government’s recently announced measures to develop new and emerging industries, fast-track the Northern Metropolis mega development, and support businesses through various funds and subsidies, would also help Hong Kong identify new growth areas.
He noted that the policy address’s clear direction on how Hong Kong should leverage new opportunities was “more concentrated on going out” into the world.
