The Financial Secretary, Mr Paul Chan, who is attending Asia-Pacific Economic Cooperation (APEC) meetings and related events in San Francisco, the United States (US), continued his visit yesterday (November 14, San Francisco time).
In the morning, Mr Chan met with representatives of a US enterprise that manufactures advanced medical equipment. He introduced the favourable business environment of Hong Kong and new measures introduced by the Hong Kong Special Administrative Region (HKSAR) Government to promote microelectronics research and new industrialisation. Mr Chan pointed out that Hong Kong enjoys unique advantages under "one country, two systems" and is equipped with a low and simple tax regime; a free flow of capital, talent, cargo, information and data; a vibrant fundraising market; and top research institutions and talent with strengths in scientific research. The HKSAR Government is making great strides to attract enterprises and pool talent, and is willing to co-invest in suitable projects with enterprises. Mr Chan said he welcomes upstream, midstream and downstream enterprises to come to Hong Kong for business development and seek partnerships to develop and seize business opportunities.
In the afternoon, Mr Chan and members of the Chinese delegation went to San Francisco International Airport to welcome President Xi Jinping, who arrived in the US to attend the 30th APEC Economic Leaders' Meeting.
Mr Chan will continue his visit today (November 15, San Francisco time), and attend events related to the APEC Economic Leaders' Meeting on behalf of the Chief Executive. He will also meet representatives of the local business sector.
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