Source: Hong Kong Information Services
The Task Force on Supporting Mainland Enterprises in Going Global (GoGlobal Task Force) was launched today as a one-stop platform to attract Mainland enterprises to go global via Hong Kong.
To better support Mainland enterprises in going global, the 2025 Policy Address proposed integrating Hong Kong’s overseas offices, including those under Invest Hong Kong (InvestHK), the Trade Development Council, as well as Hong Kong offices on the Mainland, to set up a one-stop platform, the GoGlobal Task Force, to proactively attract Mainland enterprises seeking to expand their overseas business to go global via Hong Kong.
Speaking at the launch ceremony, Financial Secretary Paul Chan said expanding globally – particularly into the Global South – and establishing supply chains and industrial chains are not only a major trend but also an inevitable step for sustained growth for Mainland enterprises. To better seize the opportunities arising from this development, the GoGlobal Task Force was established to co-ordinate efforts across various policy bureaus, departments and agencies to provide stronger and more comprehensive support for the overseas expansion of Mainland enterprises.
Mr Chan outlined that the task force is defined by three key features – high-level co-ordination, pooling strengths and proactive engagement.
He said: “By establishing a mechanism at the top tier of the government structure, we ensure a strategic, macro-level perspective, efficient communication and swift execution. This enables us to integrate resources and remove barriers, thereby providing more effective and timely support to enterprises going global.”
Beyond relevant government bureaus and departments, the task force will work closely with public institutions, professional bodies, chambers of commerce and business organisations. Mr Chan noted that this collaborative approach allows pooling expertise, generating ideas and creating powerful synergies.
In addition to actively encouraging Mainland enterprises to leverage Hong Kong as a platform for overseas expansion, the task force will also mobilise stakeholders across various sectors to maximise impact and effectiveness – through a diverse range of initiatives such as organising market visits and outreach activities in key overseas regions, Mr Chan added.
The task force is steered by Secretary for Commerce & Economic Development Algernon Yau. Introducing the task force’s future work, Mr Yau said the GoGlobal Task Force brings together cross-bureau, cross-departmental, cross-organisation, and cross-sectoral resources and work to build a one-stop, responsive and unprecedented going global support platform.
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, transform it into a new driving force for Hong Kong’s economy, and further consolidate Hong Kong’s position as an international business and trade hub.
The Government hopes to continue working together with all sectors to transform Hong Kong’s institutional advantages, professional services, and international network into a powerful driving force for enterprises to expand into global markets.
The launch ceremony brought together over 100 representatives from organisations of the GoGlobal Task Force and partners from various industries, including legal, accounting, financial services, banking, chambers, and professional organisations.
To take forward the relevant work, the GoGlobal Task Force plans to discuss its strategies and plans by the end of this year and organise its first major promotional event to publicise the work. InvestHK will be responsible for co-ordinating the task force’s efforts.