Further integration between Guangdong and Hong Kong will enhance the Pearl River Delta region's competitiveness, Secretary for Commerce & Economic Development Rita Lau says.

Hong Kong will play a more pivotal role as an ideal two-way platform for Mainland companies to go global and for foreign companies to access opportunities on the Mainland, she added.

Speaking at a seminar in Guangzhou today, Mrs Lau said Hong Kong and Guangdong enjoy close cultural ties and a long history of cooperation. The close integration, whether in terms of the flow of people, goods or capital, has created synergy for the joint development of both places.

"Hong Kong is Asia's transportation hub, and an international centre for financial services, trading and logistics. Its stable financial system and rich experience in marketing provide a solid foundation for Guangdong enterprises in areas such as capital-raising, brand-building, enhancement of corporate governance and the internationalisation of their businesses," she added.