From May 10 to 15, a joint business delegation from Hong Kong SAR and the Chinese mainland visited Qatar and Kuwait to explore opportunities in the Middle East market and strengthen pragmatic cooperation. The delegation included two private enterprises from Beijing: Glodon Company Limited and Center International Group.

During the visit, the joint business delegation held in-depth exchanges with key economic and financial institutions, including the Qatar Financial Centre, Qatar Foundation, Qatar Chamber of Commerce & Industry, Qatar Chamber, Kuwait Investment Authority, and Kuwait Chamber of Commerce and Industry, to discuss cooperation opportunities. Glodon Company Limited signed an MOU on strategic cooperation with Deloitte to jointly explore the Middle East market, while Center International Group entered into a cooperation agreement with the Qatar China Luyi Industrial Park to participate in the park’s construction projects.

Undertaking Belt and Road cooperation and supporting Beijing and Hong Kong enterprises in jointly expanding overseas markets are key cooperation priorities outlined in the Memorandum of the Fifth Plenary Session of the Hong Kong/Beijing Co-operation Conference. This visit leveraged Beijing enterprises’ strengths in technological innovation and green industries, combined with Hong Kong’s unique advantages, namely its close connection with the world market and strong support from the motherland, to effectively promote global expansion and foster complementary, high-quality development between Beijing and Hong Kong.