GoGlobal Task Force – a recently formed one-stop Hong Kong platform – will be able to provide comprehensive support to Chinese mainland enterprises by leveraging the global network and extensive experience of its partners, the city’s commerce chief said on Tuesday.
“The GoGlobal Task Force aims to build a bridge for mainland enterprises to the world by gathering professionals from various sectors, encouraging more mainland enterprises to use Hong Kong as a springboard to successfully expand globally in an orderly way,” said Algernon Yau Ying-wah.
He was speaking while presiding over the first meeting of the steering committee of the task force, originally named “Task Force on Supporting Mainland Enterprises in Going Global”, which was formed on Oct 6.
To proactively attract mainland enterprises seeking to expand their overseas business to "go global" via Hong Kong, Chief Executive John Lee Ka-chiu outlined in his 2025 Policy Address integrating Hong Kong's overseas offices, including those under Invest Hong Kong, the Hong Kong Trade Development Council, and Hong Kong offices on the mainland, to set up the platform.
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At Tuesday’s meeting, the steering committee approved its terms of reference and discussed the overall strategies of the GoGlobal Task Force in the future and related publicity and promotion work.
The task force will strengthen collaboration across policy bureaus, departments, organizations, and sectors, proactively providing comprehensive and timely support for the mainland enterprises, said the secretary for commerce and economic development.
“In line with the national policy and direction of encouraging mainland enterprises to 'go global', it will assist these enterprises to expand their international business in an orderly manner, transforming the task force into a new driver for Hong Kong's economy, and further consolidate the city's position as an international business and trade hub,” said Yau.
The secretary for commerce and economic development chairs the steering committee for the GoGlobal Task Force.
The members are: permanent secretaries for commerce and economic development, constitutional and mainland affairs, financial services and the treasury (financial services), and innovation, technology and industry; executive directors of the Hong Kong Trade Development Council and the Hong Kong Productivity Council; chief executive of the Hong Kong Monetary Authority; chief executive officer of the Hong Kong Exchanges and Clearing Limited; commissioner of Hong Kong Export Credit Insurance Corporation; and director-general of Investment Promotion.
