Making the most of opportunities in Hong Kong

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Making the most of opportunities in Hong
Kong Iain Lindsay Director of Trade and
Investment British Consulate-General Hong Kong
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• Introduction to UK Trade Investment Hong Kong
• Opportunities for UK companies in Hong Kong and
  Macao
• How we can help your business

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About us

• 20 staff in Hong Kong working to support UK
  companies
• Also cover Macao from our Hong Kong office
• Work closely with UKTI offices in Mainland China
  and the Asia-Pacific region, eg Vietnam and
  Taiwan
• Work closely with partner organisations such as
  the British Chamber of Commerce in Hong Kong and
  the British Business Association of Macao

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Hong Kong - Springboard into Mainland China

• Hong Kong largest investor into virtually every
  Chinese
• province
• Hong Kong Companies know China market extremely
  
• well
• Hong Kong Companies can be agents distributors
  JV
• partners to access mainland
• Advantageous base mainland operation in Hong
  Kong
• - legal system international city language
  barriers

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UK - Hong Kong

• Hong Kong - UKs 16th largest trading partner
• UK exports to Hong Kong 4.1 billion (2006)
• 1000 British companies in Hong Kong
• c300 are regional offices or HQs for Asia-Pacific
  
• 14 of UK exports to Mainland China go through
  Hong Kong

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Opportunities in Hong Kong
Key sectors include

• Construction
• Creative Industries
• Education and Training
• Environment
• Financial and Legal Services

• Food and Drink
• ICT
• Life Sciences
• Transport

On UKTI website you can find flyers for 14 key
sectors detailing opportunities - printed
versions available here
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UK SMEs in Hong Kong

• Opportunities in Hong Kong are not just for big
  companies. Most of the firms we help enter the
  market are SMEs
• Dont have your own resources to research new
  markets? We can step in and fill that role for
  you
• Niche products can often find success in Hong
  Kong Macao - eg innovative, hi-tech products,
  specialist food and beverage items, environmental
  technologies

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Hong Kong-UK Business Partnership

• Strategic partnership between UKTI and the HK
  Trade Development Council
• Developing business through the Hong Kong
  springboard - building on business connections of
  local companies in the mainland
• Focus on innovative opportunities ICT, creative
  industries environment urban regeneration /
  architecture
• Supports missions, business matching sessions,
  trade fairs, seminars and conferences, innovative
  projects

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Hong Kong - UK Business Partnership

• Successes
• CAPEX and other medical device companies signed
  MOU with Hong Kong electronics company to explore
  opportunities on mainland
• Coventry Universitys Soft Landing Zone concept
  set up in HK Science Park, allowing hi tech UK
  companies incubation facilities

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Opportunities in Macao

• The Macao economy growing rapidly, led by gaming
  sector. GDP grew 16.6 in 2006
• Venetian Macao opened in August. 2nd largest
  building in world - 10,000,000 visitors to date
• UK exports to Macao 21m (2006), 21.6 increase
  from 2005
• Opportunity areas leisure, tourism,
  construction, retail, education and training.

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Our Services

• Hong Kong office offers local expertise as well
  as an understanding of UK products, services and
  strengths
• Free off-the-shelf material is available on our
  website www.uktradeinvest.gov.uk
• Register on our website to receive updates about
  opportunities in Hong Kong and Macao
• We also offer chargeable services under the
  Overseas Market Introduction Service (OMIS)

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How to get going?

• Contact UKTI Hong Kong
• 852 2901 3182
• commercial_at_bcg.org.hk
• Full contact details available here today