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Shandong-Hong Kong Economic Cooperation Fair to open in Zibo

2021/6/3 11:55:51   source:sdchina.com

The Shandong-Hong Kong Economic Cooperation Fair, jointly hosted by Zibo Municipal People’s Government and the Department of Commerce of Shandong Province, is scheduled to be held on June 10 in Zibo city. The event, with the theme of “new pattern, new opportunity, new platform”, strives to build a key platform and window to deepen the economic and trade cooperation between Shandong and Hong Kong and promote the province’s opening up.

The opening ceremony consists of three stages: guest speech, expert forum and project promotion and signing via a combination of online and offline. In addition, a series of supporting activities will be held including two parallel forums: Shandong-Hong Kong Financial Cooperation Forum and Shandong-Hong Kong Science &Technology and Talent Development Forum, as well as Shandong-Hong Kong Import and Export Commodities Expo.

The Shandong-Hong Kong Import and Export Commodities Expo sets up three exhibition areas of Hong Kong, Shandong and Zibo, which will mainly display the import and export commodities with local features of Hong Kong and the 16 cities of Shandong province. 55 international purchasers have been invited to participate in the fair, and more than 1,500 domestic purchasers will make on-site purchase and negotiate economic and trade cooperation.

Relying on the platform of Shandong-Hong Kong Economic Cooperation Fair, Hong Kong Economic and Trade Office in Shanghai will promote its resource advantages and release its cooperation needs. Shandong and its 16 cities have selected 174 high-quality projects and parks, totaling $43.05 billion, to promote at the event, including 104 projects such as Shandong International Shipping Exchange project and Biomedical Advantage Industry Cluster project, and 70 industrial parks like Qingdao Digital Science and Technology & Intelligent Manufacturing Industry Cluster and Zibo Qilu Chemical Industry Park.

Up to now, Shandong is home to 4,696 Hong Kong-invested enterprises. Shandong’s actual use of Hong Kong capital is 55.796 billion US dollars, accounting for 57.6 percent of the province’s total utilization of foreign capital. 55 Shandong-based enterprises have been listed in Hong Kong, accounting for 47.4 percent of the total overseas listed companies in Shandong, and the accumulated financing in Hong Kong amounts to 107.96 billion yuan, accounting for 86 percent of the province's overseas financing.

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Sponsor:Information Office of Shandong Provincial People’s Government