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| Toshimitsu Urabe, deputy chief representative for China and president of Mitsubishi Corp. Hong Kong |
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The economy of South China, which encompasses the international city Hong Kong and the dynamic Pearl River Delta region, continues to achieve growth that is fueled by strong domestic demand.
Hong Kong represents an important force for change in South China. Despite predictions that the city’s role would diminish after the handover, Hong Kong has continued to grow, even in the face of challenges like the Asian Financial Crisis and the SARS epidemic.
During the recent economic crisis, Hong Kong has benefited from its ability to advance with China’s growth and, as “Asia’s world city,” it has provided a platform for helping Chinese domestic companies extend their vision to the world by doing business in a global manner. At the same
time, Hong Kong has also seen an influx of capital and human resources, primarily from mainland China.
The city offers a high degree of freedom and continues to welcome the growing numbers of students as well as immigrants entering the city through the government’s Capital Investment Entrant Scheme.
“Hong Kong is part of China, yet distinct from China, and this is the source of its strength,” says Toshimitsu Urabe, deputy chief representative for China of Mitsubishi Corp. and president of Mitsubishi Corp. Hong Kong.
Stationed in this dynamic city, Mitsubishi Corp. Hong Kong has been broadening its core business activities across South China in diverse industries including chemical, machinery, energy, food, paper as well as ship sales.
In addition, the Mitsubishi Corp. group has subsidiaries for IPP business, food and beverage, metals and apparel.
In addition to the existing areas, Mitsubishi also has a strong focus on environment-related businesses.
“Short-term profit is not necessarily important to our company. We look for great benefit from investing our energies to this purpose for the generations to come,” says Urabe.
In line with its focus on environmental protection, Mitsubishi has scheduled to introduce the i-MiEV (Mitsubishi Innovative Electric Vehicle) to the Hong Kong market.
“The Hong Kong market has been very receptive to our efforts to help clean up the environment,” says Urabe, who believes environmental protection is the key issue to maintain the prosperity of Hong Kong as one of the world’s vital economic hubs.
To develop further into the Chinese market and to maximize Hong Kong’s unique role, Mitsubishi Corp. will collaborate closely with its offices in Hong Kong, Guangzhou, Shenzhen and Xiamen for doing business in South China.
“We are confident of a prosperous future in South China, including Hong Kong,” says Urabe.
www.mitsubishicorp.com |