A sci-tech cooperation seminar between the Optics Valley of China and Hong Kong is held on March 21 in Wuhan. [Photo/WeChat account of Optics Valley of China]

On March 21, a sci-tech cooperation seminar, hosted by Hong Kong and the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC), took place in Wuhan, Central China's Hubei province.

"Hong Kong and Wuhan have a strong exchange foundation, especially in economic and trade investment. Wuhan enterprises can leverage Hong Kong's professional services in finance, logistics, trade, and law, to consolidate and further expand their international market reach," said Jimmy Chiang, head of InvestHK, the Hong Kong Special Administrative Region government unit set up to promote foreign investment.

Currently, the valley has attracted a group of Hong Kong-funded enterprises. Many companies, such as Kindstar Global and Yangtze Optical Fibre and Cable (YOFC), have been listed on the Hong Kong Stock Exchange, and several others intend to do so.

Additionally, Hong Kong Polytechnic University plans to establish a technology and innovation institute in Wuhan.

On the same day, at the "Dialogue with Hubei" event for Fortune Global 500 companies, trade delegations from the Middle East, including Saudi Arabia, Kuwait, the United Arab Emirates, Egypt, and Dubai, gathered to meet with representatives from Hubei's State-owned enterprises and listed companies to discuss production, investment, financing, and research.