The first Hong Kong-Guangdong Business Conference USA 2005 will be held in San Francisco on October 14.

Financial Secretary Henry Tang and Guangdong Governor Huang Huahua will lead a delegation of officials and business leaders from Hong Kong and 21 Guangdong cities.

More than 700 top US corporate executives are expected to attend.

Conference details

The conference will discuss trade and investment opportunities in the Greater Pearl River Delta region, and present prospects for economic development.

Chinese Consul General in San Francisco Peng Keyu will open the conference, while Mr Tang and Mr Huang will deliver keynote addresses.

Representatives from Du Pont and EMC Corporation will share their experiences in investing in the region. A seminar on the 'Hong Kong advantage' will also be held.

Sharing session

The session will explore Hong Kong's role as a technology transfer and service centre for the Mainland. Business executives active in South China will discuss how their companies have capitalised on Hong Kong's advantages to develop their technology-related business and run regional operations to further their expansion in the Mainland market.

Prominent US companies, such as the United Commercial Bank, Pericom Semiconductor Corporation, AppoTech and YesAsia.com, will share their experiences in using Hong Kong as a springboard to the Mainland.

The US is one of Hong Kong's largest sources of foreign investment, with cumulative investment amounting to $187.6 billion. In the latest survey, the US again tops the list of having the most regional headquarters (262) and regional offices (606) in Hong Kong.