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HKTDC Mission Visits Heilongjiang and Vladivostok

The 3-8 July mission to explore development and cooperation opportunities made stops in Heilongjiang as well as the Russian city of Vladivostok, and was led by Hong Kong Trade Development Council (HKTDC) Executive Director Margaret Fong. 

Representatives of more than 20 companies from various sectors, including finance, logistics, infrastructure, supply chain management, real property, IT, aviation, catering and food, auto parts and professional services joined the six-day trip. The delegation met with local government and business leaders during stops in Harbin, Mudanjiang and Suifenhe in Heilongjiang and Vladivostok in Russia.

«The HKTDC has always been committed to promoting cooperation between Heilongjiang and Hong Kong enterprises,» said Ms Fong. «While Hong Kong is the largest source of foreign capital for Heilongjiang, Heilongjiang is a key Belt and Road transportation and business hub. Heilongjiang can form a strategic partnership with Hong Kong and capitalise on Hong Kong’s advantages as an international financial and trading platform in its efforts to expand into Belt and Road markets.» 

On 4 July, the Department of Commerce of the Heilongjiang Province and the HKTDC signed a Memorandum of Understanding on the «Comprehensively Deepening of Economic and Trade Cooperation between Heilongjiang and Hong Kong».

 

On 6 July, the delegation visited Vladivostok, an important industrial centre in Russia and the country’s largest logistics centre in the Far East. The Belt and Road Initiative is expected to bring bilateral benefits to both countries, with Heilongjiang and Vladivostok playing increasingly important roles in the bilateral trade between Russia and China. 

 

They visited Vladivostok City Seaport, Yankovsky Logistics Park, Russky Bridge as well as major enterprises including Far East Development Corporation, Far Eastern Shipping Company and Pacific Investment Group. The delegates also met with representatives of Chinese enterprises in Russia to learn about the local business environment, and discuss how Hong Kong can cooperate with mainland enterprises to improve their prospects in Russia by introducing Hong Kong products and services as a way to further expand into the Russian market. 

 

«As an important node in the Silk Road Economic Belt, Russia is bound to inject new impetus to Sino-Russia economic and trade development as the Belt and Road Initiative brings about immense investment and financing opportunities,» said Ms Fong.