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Beijing-HK Symposium Ends with Big Deals
The 5th Beijing-Hong Kong Economic Cooperation Symposium closed here Wednesday with a yield of 30 jointly-funded projects between the two sides, involving 1.32 billion U.S. dollars in total investment.
The projects, covering the materials circulation service, tourism, technological modernization of old enterprises, infrastructure construction and renovation of dilapidated housing, human resource exchanges and personnel training, are expected to further the collaboration between Beijing and the Hong Kong Special Administrative Region (SAR) in trade service, urban construction, high-technology and many other industries, said Zhang Mao, vice mayor of Beijing.
Over 600 government officials, experts and entrepreneurs attending the two-day event have exchanged their views on the cooperative opportunities that will emerge before the 2008 Beijing Olympic Games and after China's WTO entry, especially in the service industries of trade, exhibition and tourism.
Soliciting investment from Hong Kong has long been a priority for the Beijing municipal government. Statistics show that Beijing has some 6,230 HK-funded companies, with contractual capital of 15.98 billion U.S. dollars.
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