Friday 21 September 2018

HANGZHOU HELD A PROMOTION MEETING IN HONG KONG TO DEEPEN ECONOMIC AND TRADE EXCHANGES BETWEEN THE TWO CITIES

HANGZHOU, China, Sept. 20, 2018 /Xinhua-AsiaNet/--

The "New era, New cooperation, New development -- Glamorous Hangzhou" promotion meeting was held in Hong Kong on September 17th. The event aims to promote the deepening of economic and trade cooperation between Hangzhou and Hong Kong and jointly promote the construction of the Belt and Road.

At the promotion meeting, Zhou Jiangyong, the secretary of the CPC Hangzhou Municipal Committee, said that Hangzhou, the capital of east China's Zhejiang Province, is a beautiful, historical, vibrant and open city. Hong Kong is a world-famous modern metropolis. The relationship between Hangzhou and Hong Kong is deep and long. And they have complementary advantages and close cooperation. By the end of 2017, more than 6000 Hong Kong enterprises had invested in Hangzhou with a total investment of more than 520 billion US dollars, making it the largest source of foreign investment in Hangzhou.

At present, Hangzhou is facing a major historical opportunity for the "post summit, Asian Games and modernization". Zhou Jiangyong said that Hong Kong is an important node of the Belt and Road. He expected that Hangzhou and Hong Kong to strengthen exchanges and cooperation in Belt and Road construction, deepen cooperation in industrial development, science and technology education, innovation and entrepreneurship, tourism and other fields, and to cooperate in more fields in future time.

Chen Baili, deputy director of the Commerce and Economic Development Bureau of the Hong Kong SAR Government, who attended the meeting, said that Hong Kong and Hangzhou cooperate closely in economic, culture, education, youth development and many other fields.

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