Urgent.News

What's breaking now, across thousands of outlets.

World

HK can act as super-adapter for firms: Oases

The director-general of the Office for Attracting Strategic Enterprises (Oases) has said the SAR can act as a “super-adapter” for companies setting up shop in the city. In an interview with RTHK’s “Vision 15: Hong Kong’s Chapter”, Peter Yan said that Oases will adjust its strategies in luring foreign firms to Hong Kong in accordance with the country's 15th Five-Year Plan as well as the city’s…

Peter Yan, director-general of the Office for Attracting Strategic Enterprises (Oases), has stated that Hong Kong can serve as a "super-adapter" for companies looking to establish operations in the city. In an interview with RTHK's "Vision 15: Hong Kong's Chapter", Yan highlighted that Oases will modify its approach to attracting foreign firms to align with China's 15th Five-Year Plan and the city's first blueprint.

The SAR, according to Yan, is ideally positioned to enable firms to manage production in mainland China while coordinating production and market development with other locations. "Under One Country, Two Systems, we are in fact the only place in the world that is backed by the nation's massive productivity and market – all our external systems, modes of operations and standards can be integrated," Yan remarked.

He added that as the Greater Bay Area development progresses and the government accelerates the Northern Metropolis initiative, Hong Kong's appeal to foreign companies is expected to continue increasing.

Written by urgent.news from RTHK English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at news.rthk.hk →

More in World

Emperor, Empress Visit Kumamoto after July Quake

Kumamoto, Sept. 30 (Jiji Press)--Japanese Emperor Naruhito and Empress Masako arrived in Kumamoto Prefecture on Wednesday to comfort people affected by a powerful earthquake that struck the…

  • Emperor Naruhito and Empress Masako visit Kumamoto Prefecture.
  • Tour includes Yatsushiro, Uki, and Hikawa after July 28 earthquake.
  • Visit postponed due to weather, aims to lessen community strain.

More from Wednesday 30 September →