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CE starts Canada visit

June 09, 2015

Strengthening ties

Strengthening ties:  Chief Executive CY Leung (left) meets with Canada’s Minister of International Trade Ed Fast.

Trade talk

Trade talk:  Mr Leung (right) speaks with guests at the HKTDC symposium.

Tea break

Tea break:  Mr Leung (right) meets with Hong Kong people living in Toronto.

Chief Executive CY Leung kicked off his official visit to Toronto in a meeting with Canada's Minister of International Trade Ed Fast.

 

Mr Leung noted the two places have well-established connections, spanning from business and commerce to social, cultural and human ties, and Hong Kong is home to the largest Canadian community in Asia.

 

Hong Kong will continue to work with Canada to strengthen trade, economic and cultural relations, he added.

 

Mr Leung then attended the annual Think Asia, Think Hong Kong symposium organised by the Hong Kong Trade Development Council, which attracted 1,500 participants from the business sector.

 

Speaking at the symposium, Mr Leung invited Canadian businesses to take advantage of Hong Kong's super-connector role between Mainland China and the world, including Canada.

 

“Hong Kong can connect you into the vast markets of the Chinese Mainland, thanks to our 'one country, two systems' arrangement. It gives us and our business partners advantages no other economy in the world can offer. Hong Kong is part of China - when you do business with Hong Kong, you do business with China. But Hong Kong is distinct from other Chinese cities," Mr Leung said.

 

He added that CEPA - the Mainland & Hong Kong Closer Economic Partnership Arrangement, or Hong Kong’s free-trade agreement with the Mainland, gives Hong Kong companies tariff-free access to the Mainland for goods produced in Hong Kong.

 

It also gives services suppliers preferential access to the Mainland. Since CEPA is nationality neutral, Canadian companies need only partner with Hong Kong companies to take advantage of its singular benefits, he said.

 

Mr Leung also called on Ontario's Premier Kathleen Wynne and encouraged Ontario businesses to come to Hong Kong to capitalise on the vast potential in Hong Kong, Mainland China and Asia.

 

Mr Leung attended a tea gathering with Hong Kong people living in Toronto and addressed a gala dinner hosted by the HKTDC.



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