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FS visits biomedical firm in UK

Financial Secretary Paul Chan yesterday visited a biopharmaceutical company and the Royal College of Art, and attended a lunch hosted by the China-Britain Business Council, as part of his ongoing trip to London.   Mr Chan visited AstraZeneca and met the company’s senior management to learn about its drug research and development activities, as well as its latest expansion plans.   AstraZeneca indicated that following in-depth talks with Hong Kong’s Office for Attracting Strategic Enterprises, it plans to develop a research and development centre in Hong Kong and will engage in further discussion with relevant government departments on the matter.   The Financial Secretary then attended a roundtable luncheon held by the China-Britain Business Council, and met representatives of British enterprises that do business, or plan to do business, either in the Mainland or Hong Kong.   Mr Chan later visited the Royal College of Art, which collaborated with the Hong Kong Polytechnic Unive
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Attracting businesses discussed

Financial Secretary Paul Chan today chaired the first meeting of the Advisory Committee on Attracting Strategic Enterprises where members discussed the upcoming work plan and priorities in attracting strategic enterprises.   The scope of discussions covered strategic areas, scale of enterprises, talent and other policy support as well as promotion strategies.   Members emphasised the need to leverage on the many opportunities of the Mainland, especially the market size and other advantages of the Greater Bay Area, during investment promotion.   Mr Chan said the current-term Government has a new mindset to proactively reach out and established the Office for Attracting Strategic Enterprises as well as the dedicated teams for attracting businesses and talent.   Its aim is to attract representative and high potential strategic enterprises from around the globe, thereby enhancing Hong Kong’s competitiveness and accelerating the development of industries, he added.   The finance chief said the meeting is an excellent platform for the Government to have in-depth exchanges with leaders of different sectors, and thanked the advisory committee members for contributing valuable insights and advice at today’s meeting.   “I look forward to continuing working closely with all members to ensure that our efforts on attracting strategic enterprises are focused, efficient and effective.”   As announced in the 2022 Policy Address, the Government established the advisory committee, comprising representatives from the business sector and community leaders as well as government officials, to advise the Financial Secretary on the overall strategy of attracting strategic enterprises.
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