HK remains 'go-to' place for investors, official says

Hong Kong's chief investment promotion officer has expressed full faith in the city's future economic development, as the newly enacted National Security Law for Hong Kong and improvements to its electoral system bring stability to the city's business environment.

Hong Kong, being part of the growth engine of the Guangdong-Hong Kong-Macao Greater Bay Area while also enjoying good connections with member economies of the Association of Southeast Asian Nations, is still the "go-to" place for growth-driven global companies, Stephen Phillips, director-general of investment promotion at InvestHK, said in an exclusive interview with China Daily.

The mission of InvestHK－the government department responsible for foreign direct investment－is to promote and strengthen Hong Kong's position as Asia's leading international business and financial center by attracting economically and strategically important overseas and Chinese mainland companies to invest in the special administrative region.