On November 4, the Beijing State Administration and the Investment Promotion Department of the Hong Kong Special Administrative Region Government signed a memorandum of cooperation at the opening ceremony of the 29th Beijing-Hong Kong Economic Cooperation Seminar. According to the Memorandum of Cooperation, the two sides will carry out all-round cooperation in areas such as two-way exchanges and cooperation between Beijing and Hong Kong, cross-border enterprise investment layout, and international management development. Relying on the advantages of Hong Kong's international platform, they will support high-quality enterprises in Beijing to establish themselves in Hong Kong and lay out the world, and promote the two-way flow of Beijing-Hong Kong industry and capital.

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