Study says HK will gain if it attracts more private firms
The government should help private mainland enterprises get established in Hong Kong - offering them training and other resources currently available only to local companies - its own think-tank recommends in a study.
Commissioned by the Central Policy Unit, the study suggests government measures such as setting up departments to woo private mainland companies to set up shop in the city and help them explore business opportunities overseas. It recommends the government fund training for mainland executives working in Hong Kong.
Thomas Chan Man-hung, the head of Polytechnic University's China Business Centre, which carried out the study, urged the government to stop thinking that public resources should be devoted solely to helping local companies.
'Hong Kong's economy would benefit if mainland companies operating in the city succeed in regional or global expansion with the help of the Hong Kong government,' he said.
The report, completed in May, was recently released on the Central Policy Unit's website, and has been referred to relevant government departments for consideration.
