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CE: More business opportunities for HK firms in Chongqing

Chief Executive Carrie Lam Cheng Yuet-ngor (front row, first right), accompanied by the Secretary for Constitutional and Mainland Affairs Erick Tsang Kwok-wai (second row, first right), visits the Ring, a Hong Kong investment project, in Chongqing on Sept 25, 2021. (PHOTO / HKSAR GOVERNMENT)

HONG KONG – Hong Kong enterprises are set to be presented with more business opportunities in Chongqing, Hong Kong Special Administrative Region Chief Executive Carrie Lam Cheng Yuet-ngor said Saturday.

Lam made the remark as she continued her trip to Chongqing, visiting enterprises and various facilities to learn more about the latest developments of the city.

Pointing out that Hong Kong has advantage in the high-end services industry, Chief Executive Carrie Lam expressed the hope that Hong Kong enterprises and professionals can further participate in the development of the Liangjiang New Area in the future

On Saturday morning, Lam, accompanied by the Secretary for Constitutional and Mainland Affairs Erick Tsang Kwok-wai, visited a Hong Kong investment project, the Ring. 

The project, officially opened in April this year, comprises a shopping mall, retail streets, Grade A office buildings and an indoor botanic garden, integrating the natural ecosystem into the business experience with the concept of sustainable development. 

Noting that Hong Kong is the largest source of external investment in Chongqing, Lam said she was pleased to see that Hong Kong enterprises have attached more importance to high-quality development in their investments in Chongqing in recent years, enhancing the charm of Chongqing as a city. 

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She said that along with the establishment of the Chengdu-Chongqing Economic Circle, Hong Kong enterprises are set to have more business opportunities in Chongqing, strengthening the mutually beneficial relationship between the two sides.

Lam and Tsang then visited the China Automotive Engineering Research Institute and viewed demonstration of the automatic braking system, automotive wind tunnel testing and simulated traffic accident testing. The automobile manufacturing industry is a traditional heavy industry in Chongqing. 

During the visit, Lam learned more about automobile technology and the business of industrialized production of the institute, including the establishment of the country’s first 5G autonomous driving public service platform to advance the development and application of the relevant technology. 

Lam and Tsang then visited the Lijia Smart Park in the Liangjiang New Area of Chongqing, including an exhibition gallery to promote smart home and smart office and an exhibition showing artworks presented with digital technology. 

ALSO READ: Chongqing gateway to southwest for HK

She also visited the Liangjiang Industrial Internet Experience Centre to learn more about the industrial Internet developments in Chongqing. 

As the first national-level inland development area in the mainland, the Liangjiang New Area’s functions and positioning include being a base for modern services industry, and a financial centre and an innovation centre in the upstream Yangtze River region. 

Pointing out that Hong Kong has advantage in the high-end services industry, she expressed the hope that Hong Kong enterprises and professionals can further participate in the development of the Liangjiang New Area in the future.

In the afternoon, Lam and Tsang visited the Chongqing Planning Exhibition Gallery to know more about the planning and infrastructure in different districts of the city. 

READ MORE: Chongqing sets sights firmly on future

Before concluding their full-day visit programme, they visited the Chongqing Hongyan Revolutionary Memorial to learn more about the efforts of members of the Chinese Communist Party there, with this year marking the 100th anniversary of the founding of the Communist Party of China. Lam also gave interviews to the local media.

Lam will depart for Xi’an on Sunday to continue her visit itinerary.

Reference