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GoGlobal Task Force to be formed

Xenia. W by Xenia. W
17 September 2025
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Chief Executive John Lee today announced in his 2025 Policy Address that the Government will set up the Task Force on Supporting Mainland Enterprises in Going Global (GoGlobal Task Force) to encourage Mainland enterprises to use Hong Kong in expanding their businesses overseas. 

 

Hong Kong will fully integrate into the overall national development, capitalising on national strategies such as the Greater Bay Area (GBA) and high‑quality co‑operation under the Belt & Road (B&R) Initiative.

 

The Government will capitalise on the advantages of Hong Kong as an export platform to unlock new areas for economic growth.

 

Mr Lee said Mainland enterprises going global can establish Corporate Treasury Centres (CTCs) and regional headquarters in Hong Kong for cross‑boundary settlement, remittance, financing and related functions.

 

They can also tap Hong Kong’s professional high value‑added supply chain services in fields such as accounting and law to help them explore overseas markets. 

 

In addition, they can leverage Hong Kong’s strengths in marketing to connect with global buyers and build international brands.

 

The Government will also establish a one‑stop platform by mobilising Hong Kong’s overseas offices, including those under InvestHK and the Hong Kong Trade Development Council, as well as Hong Kong offices in the Mainland, and set up the GoGlobal Task Force. 

 

Secretary for Commerce & Economic Development will steer the work of GoGlobal Task Force and co‑ordinate various bureaus, departments and agencies in formulating proposals for enterprises looking to go global. 

 

The Hong Kong Monetary Authority (HKMA) will encourage the banking sector, especially banks in the Mainland, to establish regional headquarters in Hong Kong, where Hong Kong’s strengths can help them expand into markets such as Southeast Asia and the Middle East.

 

To attract more Mainland enterprises to establish CTCs in Hong Kong, the Government will complete a study on tax concessionary measures to be further enhanced in the first half of 2026.

 

The HKMA has signed a memorandum of understanding with the Public Investment Fund of Saudi Arabia to establish a US$1 billion new investment fund, catering to enterprises in Hong Kong and other GBA cities looking to expand into Saudi Arabia.

 

The HKMA will also collaborate with organisations such as the Hong Kong Association of Banks, the Hong Kong General Chamber of Commerce and the Federation of Hong Kong Industries to lead delegations of banking representatives and small and medium enterprises to explore business opportunities in Southeast Asian markets such as Vietnam, pooling industry strengths to support the going global platform.

 

Meanwhile, the Government will leverage the strengths of Hong Kong’s exhibition industry and consolidate the city’s position as the ideal platform for Mainland brands to go global and for bringing in brands from around the world.  It will also support the trade to organise more events conducive to brand development.

 

Mr Lee added that the Government will promote the development of carbon audit services to assist enterprises going global to meet international requirements and standards on green trade in respect of carbon emission reduction.

 

Regarding deepening international exchanges and co‑operation, Mr Lee said the Government will actively invite the Asian Infrastructure Investment Bank to set up an office in Hong Kong.

 

The Hong Kong Exchanges & Clearing will deepen co‑operation with Southeast Asian exchanges, attracting Southeast Asian issuers to seek secondary listings in Hong Kong and encouraging asset management companies to issue products in their local markets.

 

The B&R Office will co‑ordinate local public organisations and institutes to help train the personnel of B&R countries. It will also strive for more opportunities to match commercial projects in B&R markets with Hong Kong professional service sectors.

 

In addition, Hong Kong supports the country to promote the participation in green co‑operation with B&R countries. The Environmental Protection Department will set up a B&R sustainable green development training centre in Hong Kong next year, providing training courses for the personnel of B&R countries. 

The Government will also invite members of the Silk Road Maritime Association to hold a summit during Hong Kong Maritime Week next year, promoting its participation in the B&R shipping brand.

 

This year and next, the Government will organise a number of international conferences, forums and exhibitions, establish the Hong Kong International Correctional Services Response Tactics Training Academy, and participate in and promote innovation and technology collaboration with various international and regional organisations.

 

The Government will also support local universities and professional organisations in their bids to host more international academic and professional conferences and publish influential academic journals. 

 

The Chief Executive added that the Government will continue to deepen co‑operation with Guangdong and Macau, forging closer convergence of respective rules and mechanisms to enhance the flow of people, goods, data and capital.

 

The relevant measures include developing the Hong Kong International Airport Dongguan Logistics Park, continuously enhancing the Payment Connect, thereby expanding to use cases for remittance related to people’s livelihood, etc.

 

Hong Kong will also work with exchanges in the GBA to develop commodity trading, carbon trading and other businesses. 

 

The Financial Services & the Treasury Bureau is working with Shenzhen and Qianhai to promote digital finance development and support deeper integration of technology and finance between Shenzhen and Hong Kong.  Measures are expected to be announced later this year.

Tags: Hong Konglocal
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

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