Guangdong / Business

Mainland offers Hong Kong great opportunities

By Wang Shengwei ( Updated: 2014-12-22 15:28

Last week, Chief Executive Leung Chun-ying and several senior Hong Kong officials visited Huizhou and Shenzhen to promote closer economic cooperation between Hong Kong and the mainland. Their visits are apparently part of the country's new economic development strategy.

In Huizhou, they attended the 13th Symposium on Hong Kong and the Pearl River Delta Industrial and Commercial Exchanges and Cooperation, where Leung stressed that Hong Kong should bypass the old investment model of building cross-boundary low-tech factories.

Already there have been big changes to our garment industry, with 70 percent of Hong Kong-based designers concentrating on the mainland market. Only the management, finance and sometimes marketing support remain in Hong Kong. The rest of the process takes place on the mainland. This cooperation is worthy of the description "designed in Hong Kong, made on the mainland, and sold to the world." And there's still much room for further development.

In Shenzhen, Leung attended the opening of the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub. He urged young Hong Kong people to visit or work on the mainland to broaden their world view.

By Wang Shengwei(HK Edition)

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