Algernon Yau urges women entrepreneurs to seize GBA opportunities
Bastillepost · 2 SOURCESabout 2 hours ago6 MIN
Summary
Secretary for Commerce and Economic Development Algernon Yau Ying-wah (丘應樺) said women entrepreneurs are not only business leaders but also an important force in driving innovation and social development at an awards ceremony for outstanding women entrepreneurs in the Guangdong-Hong Kong-Macao Greater Bay Area on Monday. He said he hopes they will continue to leverage their strengths, seize development opportunities in Hong Kong and the Greater Bay Area, and inject more vitality into the economy. Yau also tied those opportunities to Hong Kong’s first five-year plan, which the government has said will set the direction for future development and help companies identify new markets, expand operations and improve competitiveness. He added that the administration will keep supporting small and medium-sized enterprises through trade promotion, business upgrading and digital adoption.
Key Points
- Yau made the remarks while addressing the Outstanding Women Entrepreneurs Awards ceremony for the Greater Bay Area on Monday, 2 November.
- He said Greater Bay Area cities each have their own strengths, with a vast market and strong industrial complementarity for business expansion.
- According to Yau, companies can use their own business characteristics to reach new customer groups and explore different development directions.
- He said the SAR government will continue supporting SMEs by helping them open markets, upgrade and transform operations, and improve efficiency with digital technology.
- Yau said the “going global” task force for mainland enterprises, set up last year, has already helped more than 300 firms establish or expand in Hong Kong.
Why It Matters
For Hong Kong businesses, Yau’s remarks point to the government’s current policy emphasis: using the Greater Bay Area, digital upgrading and cross-border commercial services as practical growth channels. For women-led firms and SMEs in particular, the message is that official support is being framed not only around inclusion, but around competitiveness, market expansion and Hong Kong’s role as a platform for mainland companies expanding outward.