Invest Hong Kong (InvestHK), the Chinese government department responsible for attracting foreign direct investment and supporting overseas companies in Hong Kong, is expanding its engagement with Africa as it positions the city as a strategic gateway to Mainland China and the wider Asia-Pacific region.
Associate Director-General of Investment Promotion Ms Loretta Lee began an eight-day mission covering Johannesburg, South Africa, and Kigali, Rwanda, to strengthen economic links with African markets.
“Africa holds a strategic position in the Global South, representing a vital engine of growth in an era of global economic uncertainty. Interconnectivity is the key to unlocking this potential, and Hong Kong plays a strategic role in linking capital, talent, and innovation and technology between Africa, the Chinese Mainland, and international markets to drive high-quality, multilateral growth. As the Government’s arm for both inward investment and Chinese Mainland enterprises aiming to go global, InvestHK facilitates two-way investment through strategic market insights, extensive global access, targeted promotion and policy facilitation,” she said.
African enterprises setting up in Hong Kong gain access to a globally recognised common law system, a competitive tax regime, and a financial ecosystem closely connected to Mainland China and international markets.
Hong Kong has also strengthened its appeal for qualifying physical commodity traders by reducing the profits tax rate to 8.25 per cent from the standard 16.5 per cent. Combined with the city’s role as a major offshore renminbi hub, the measure supports African commodities exporters seeking efficient access to Asian markets.
As China-Africa economic ties shift toward higher-value trade and investment, Hong Kong is positioning itself as a “super connector” and “super value-adder” for two-way capital flows across finance, shipping, innovation, and technology.