Joint promotion: Financial Secretary Henry Tang and Guangdong Governor Huang Huahua attend the business conference in San Francisco.

More than 1,000 top executives from American companies have shown strong interest in the Greater Pearl River Delta's business opportunities.

The Hong Kong-Guangdong Business Conference USA 2005 was successfully held in San Francisco October 14. It presented investment opportunities in the delta, Guangdong and Hong Kong.

Financial Secretary Henry Tang said: "Hong Kong and Guangdong have combined and leveraged our respective strengths to develop one of the world's most efficient and cost-effective manufacturing supply chains. Hong Kong provides the capital, management, technology, market knowledge and access to international markets, while Guangdong's cities offer a world-class, low-cost manufacturing base and access to a new, demanding consumer base."

Director-General of Investment Promotion Mike Rowse said the US is one of the most important sources of foreign investment.

"Invest Hong Kong has been assisting many US companies and working closely with enterprises in the IT, technology, financial services, business and professional services sectors and many other sectors. They often bring in cutting-edge know-how, not only in IT, technology or telecoms sectors, but also in such areas as financial services and sophisticated management consulting," Mr Rowse said.

"We are delighted to see them establish and grow in the city. Many of them even have taken Hong Kong as the springboard to the Mainland market. There is no other better proof than their successful experiences to convince US companies to adopt the winning formula by investing and establishing their regional base in Hong Kong, Asia's premier business capital."