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Swiss Chinese Law Association — Geneva

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Legal Observatory / Investment and Business

Explained Cross-Border Hong Kong SAR Regulatory guidance

Hong Kong Outlines Platform Enhancements and Outbound Strategy to Support Mainland Enterprises Going Global

The HKSAR Government released a written LegCo reply outlining strategic policies, professional service platforms, and outbound mission results supporting Mainland enterprise expansion through Hong Kong.

What Changed

  • Launch and expansion of the GoGlobal Connect platform, incorporating over 220 service providers and expanding into ESG advisory services.
  • Execution of official outbound business missions to Kazakhstan, Uzbekistan, and Malaysia, securing significant MOUs and investment agreements.
  • Allocation of additional financial resources and manpower to InvestHK to manage the increasing volume of enterprise support operations.

### Background and Context

On November 4, 2026, the Secretary for Commerce and Economic Development of the Hong Kong Special Administrative Region (HKSAR), Mr Algernon Yau, delivered a written reply in the Legislative Council to a parliamentary question posed by the Hon Rock Chen regarding Hong Kong's strategic positioning as a Belt and Road resource allocation centre.

Addressing the growing demand from Chinese Mainland enterprises seeking international expansion ("going global"), the HKSAR Government highlighted Hong Kong's evolving roles as a "super connector", "super value-adder", and "super partner". To coordinate government and institutional support, the Commerce and Economic Development Bureau (CEDB) established the Task Force on Supporting Mainland Enterprises in Going Global (GoGlobal Task Force) in October 2025. Steered by the Secretary for Commerce and Economic Development, the GoGlobal Task Force brings together Invest Hong Kong (InvestHK), the Hong Kong Trade Development Council (HKTDC), HKSAR Mainland offices, and Hong Kong's network of 15 overseas Economic and Trade Offices (ETOs). This network provides tailored support services to connect Mainland enterprises with overseas partners while addressing local regulations, technical standards, and market entry conditions along the Belt and Road (B&R).

### Platform Framework and Service Initiatives

The GoGlobal Task Force employs a three-step framework: "bringing in", getting ready, and going global. A key pillar of this framework is GoGlobal Connect, a cross-sectoral professional services platform launched in April 2026. The platform originally aggregates Hong Kong professional service providers across eight sectors:

1. Financial services

2. Legal services

3. Accounting, tax, and business advisory services

4. Design, marketing, and brand management services

5. Logistics and transportation services

6. Telecommunications and information technology services

7. Infrastructure and real estate-related services

8. Testing and certification services

As of November 2026, GoGlobal Connect includes over 220 Hong Kong professional service providers and has processed approximately 300 international expansion enquiries through online and offline channels.

Following directions set in the 2026 Policy Address, the GoGlobal Task Force is introducing further platform updates. These include establishing a dedicated Environmental, Social, and Governance (ESG) service sector to assist Mainland enterprises in satisfying destination market standards, as well as upgrading search and matching functionalities. Additionally, the Belt and Road Office under CEDB manages the "Hong Kong-Overseas Projects Platform" database, which has shared details of approximately 20 infrastructure projects with registered Hong Kong firms and facilitated over 10 project-matching activities. Concurrently, the HKTDC Belt and Road Portal maintains listings of over 680 projects and 370 Hong Kong-based professional service providers alongside market research publications.

### Outbound Delegations and Target Markets

To support practical market entry, the GoGlobal Task Force organizes government-led outbound trade and investment missions to key B&R economies:

- **Central Asia (June 2026):** The Chief Executive led a business delegation of over 30 Mainland enterprise representatives to Kazakhstan and Uzbekistan, resulting in 96 cooperation agreements and memoranda of understanding (MOUs) valued at over US$1.65 billion in total.

- **ASEAN Region (August 2026):** The Secretary for Commerce and Economic Development led a delegation of over 10 Mainland enterprises to Kuala Lumpur, Malaysia. The visit yielded two MOUs between delegation members and local businesses/chambers, as well as a bilateral investment cooperation MOU signed between InvestHK and the Malaysian Investment Development Authority (MIDA).

- **Belt and Road Summit:** The 11th annual Summit held in 2026 brought together over 6,200 participants, resulting in more than 60 MOUs and finalized projects valued at over US$3.1 billion.

Additional outbound delegations to high-potential Belt and Road markets are planned for 2027.

### Practical Implications for Businesses and Service Providers

Mainland enterprises seeking cross-border expansion can access customized matchmaking, strategic briefings, and platform services. The GoGlobal Task Force focuses tailored outreach on key Mainland enterprises with strategic value, offering dedicated support through InvestHK and HKTDC, inclusion in official delegations, and ongoing tracking of overseas expansion progress. Broader enterprise outreach is supported through partnerships with trade associations, including local branches of the Federation of Industry and Commerce and the China Council for the Promotion of International Trade (CCPIT). To handle the operational workload generated by these services, the HKSAR Government has allocated additional public financial resources and manpower to InvestHK.

### Frequently Asked Questions (FAQ)

**Q1: What is GoGlobal Connect, and what services does it cover?**

**A1:** GoGlobal Connect is a cross-sectoral professional services platform launched by the GoGlobal Task Force in April 2026. It connects Mainland enterprises with Hong Kong service providers across legal, financial, tax/accounting, marketing, logistics, IT, real estate/infrastructure, and testing/certification sectors, with an ESG services section being added under 2026 policy measures.

**Q2: What key outcomes were recorded from the 2026 outbound missions to Central Asia and Malaysia?**

**A2:** The June 2026 mission to Kazakhstan and Uzbekistan resulted in 96 agreements and MOUs exceeding US$1.65 billion in value. The August 2026 mission to Malaysia yielded two commercial MOUs and a two-way investment cooperation MOU between InvestHK and the Malaysian Investment Development Authority.

**Q3: How will the HKSAR Government reach Mainland enterprises outside Hong Kong?**

**A3:** The GoGlobal Task Force collaborates with Mainland trade bodies—such as provincial and municipal branches of the Federation of Industry and Commerce and the China Council for the Promotion of International Trade (CCPIT)—to organize industry-focused briefings and seminars across various provinces.

**Q4: How is the HKSAR Government funding these expanded enterprise support operations?**

**A4:** Additional public financial resources and manpower have been allocated directly to InvestHK to support the increased operational scope and workload of the GoGlobal Task Force.

Who May Be Affected

Mainland Chinese enterprises seeking international expansion, Hong Kong professional service providers, InvestHK, HKTDC, and trade associations.

Cross-Border Context

Facilitating outbound trade and direct investment from Mainland China through Hong Kong SAR into Belt and Road economies in Central Asia and ASEAN.

What to check next

  • Official launch announcements for the GoGlobal Connect ESG section
  • InvestHK and GoGlobal Task Force announcements for 2027 outbound missions
  • HKTDC Belt and Road Portal research updates and project platform listings

This article provides general information and does not constitute legal advice. Consult the official text and obtain advice appropriate to your circumstances where needed.

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