LCQ17: Developing Hong Kong into Belt and Road resource allocation centre

Following is a question by the Hon Rock Chen and a written reply by the Secretary for Commerce and Economic Development, Mr Algernon Yau, in the Legislative Council today (November 4): Question: There are views pointing out that given the pressing demand from Mainland enterprises to go global, Hong Kong, in its roles as the country's "super connector" and "super value-adder", should further enhance its strategic positioning. In addition to assisting enterprises in going global, it should also attract resources, thereby becoming a super partner and upgrading from a mere platform for enterprises to go global to a Belt and Road resource allocation centre. In this connection, will the Government inform this Council: (1) in light of the demand from Mainland enterprises to go global, of the specific short, medium and long-term policies and development blueprints put in place by the authorities to promote Hong Kong's upgrade from a launchpad to go global to a Belt and Road resource allocation centre, thereby establishing a one-stop hub for resources and tools for enterprises; (2) as there are views that Hong Kong lacks sufficient grasp of the local conditions, legal regulations and politi

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