14 June 2004 15:25
Industry group ventures to Northeast China
Author: A delegation consisting of representatives from the business circle of Hong Kong and Macao yesterday finished
their two-day visit to Harbin, capital of Heilongjiang Province. Headed by Liao Hui, director of Hong Kong and Macao
Affairs Office of the State Council, the delegation is made up of more than 100 well-known entrepreneurs and experts
from almost all trades in the two Special Administrative Regions (SARs). They include some heavyweights such as Henry
Tang Ying-yen, financial secretary of Hong Kong, and Timothy Fok Tsun-tingwas, president of the Sports Federation and
Olympic Committee of Hong Kong. Harbin is the last stop of the delegation's "northeast visit," which has
taken them to Dalian, Shenyang of Liaoning Province and Changchun in Jilin Province. This is the first time a delegation
from the two SARs has visited Northeast China since China launched its strategy to rejuvenate the old industrial bases
in Northeast China. "I have seen so many top companies in Northeast China during this visit. I was both surprised
and full of joy. I am very glad to see the old industrial base of our motherland is wakening and taking a great stride
forward," said Kenneth Fang, a member of the delegation. "Located in the central zone of Northeast Asia,
Heilongjiang Province has the incomparable advantage of position. It is the trade bridge for the mainland, as well as
Hong Kong and Macao to Russia and other European countries. A situation of mutual benefit will surely appear if we
combine the strength of Hong Kong's capital, brand, and advanced management with the sales network and public
relations with Russia," Henry Tang said. During the visit, members of the delegation looked around several leading
companies in Harbin, such as Heilongjiang Wondersun Dairy Co ltd, and Harbin Aviation Industry Co Ltd, a manufacturer of
small-sized cars and planes. It ranked sixth last year among automakers of China. A series of preferential policies to
attract investors has been adopted by Heilongjiang Province recently. "We are always aiming to create a sound
investment environment for both domestic and foreign investors," said Hu Xiangding, director of the Heilongjiang
State Assets Regulatory and Management Commission. These policies involve many aspects, such as assets transfer,
arrangement for workers, liabilities, social functions, and financial support for reformed SOEs. "With the abundant
resources, adequate energy supply and enough labour sources, Heilongjiang has a great potential to co-operate with Hong
Kong and Macao," Hu added. "We regard this visit as a golden opportunity to present one of China's oldest
industrial bases Heilongjiang Province to our distinguished guests from the far south China," said Zhang Zuoji,
governor of Heilongjiang Province in the reception speech. "We greatly expect our guests will deepen their
understanding of Heilongjiang," he said.
[Business Daily Update] |
RUSSIA IN FACTS
