Yet Another Spectacular Economic and Trade Event
under Guangdong/Hong Kong Partnership

On-line Investment Seminar on GPRD attracted worldwide attention


- Captions of photos taken during the seminar

The Greater Pearl River Delta (HK-Guangdong) On-line Investment Seminar 2004, jointly organised by the Department of Foreign Trade and Economic Co-operation of Guangdong Province (GD DOFTEC) and Invest Hong Kong (InvestHK) of the Hong Kong Special Administrative Region Government (HKSARG), was held on 29 June 2004. The seminar, which received enthusiastic response from domestic and foreign investors, was highly effective in promoting the overall investment environment of the Greater Pearl River Delta (Greater PRD). It has created a new form of co-operation for Guangdong and Hong Kong to join hands in providing investment services, thus fulfilling the work objectives agreed at the Hong Kong/Guangdong Co-operation Joint Conference.

Through conducting simultaneous interchanges in both Chinese (simplified and traditional) and English on the Greater PRD website (www.theGPRD.com), the seminar has provided a wealth of investment information on the Greater PRD. Two on-line consultation activities on the themes of "investment environment of the Greater PRD" and "business opportunities under CEPA" were launched with remarkable success. A total of 100 investment projects were brought forth for on-line exchanges. According to preliminary statistics, from 9 am to 4 pm during the day, the seminar website attracted investors from more than 20 countries and regions, with over 190,000 hits, and 660-odd questions being put up by investors around the world, of which 390 were answered on-line.

Governments of both Guangdong and Hong Kong attached great importance to this event. Mr. Donald Tsang, Chief Secretary for Administration of the HKSARG, delivered an on-line video speech for the seminar. Mr. Liang Yaowen, Director-General of GD DOFTEC, and Mr. Mike Rowse, Director-General of InvestHK, also gave on-line video speeches. Ms. Zhao Yufang, Deputy Director-General of GD DOFTEC, was the MC of the seminar.

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At the "Greater Pearl River Delta (Hong Kong- Guangdong) On-line Investment Seminar 2004".
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Director-General Liang Yaowen, Deputy Director-General Zhao Yufang and Assistant Inspector Zhang Huicheng of the Guangdong Department of Foreign Trade and Economic Co-operation Department of Guangdong Province answered on-line enquiries from investors.
   
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Director-General Liang Yaowen, interviewed on-line by a journalist of People¡'s Daily, talked about the possible impact that Pan-PRD regional co-operation will have on the Greater PRD. In response to questions raised by foreign investors, he also highlighted the measures taken by Guangdong upon the implementation of CEPA in respect of trade facilitation in the Greater PRD.
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Deputy Director-General Zhao Yufang, MC of the seminar, replied to questions raised by a US enterprise concerning the development trend of the Greater PRD.
   
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Assistant Inspector Zhang Huicheng addressed the problems encountered by an enterprise investing in Dongguan in its actual operations and suggested ways of resolution.
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Ms.Ophelia Tsang, Associate Director-General of Investment Promotion of Invest Hong Kong, together with officials from Trade and Industry Department of Hong Kong and Hong Kong Trade Development Council, responded to on-line enquiries from enterprises at the seminar.
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Representatives of Hong Kong responded to on-line enquiries from investors concerning the verification criteria of Hong Kong companies under CEPA.
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Representatives of Hong Kong replied to questions concerning the access liberalisation of 18 service sectors to be liberalised under CEPA.
   

Information released on June 30, 2004