-+ 0.00%
-+ 0.00%
-+ 0.00%
Li Jiachao: The APEC summit in the Greater Bay Area became a focus. Hong Kong will host the APEC Finance Ministers Meeting in October
Share
Listen to the news

The Zhitong Finance App learned that on September 3, while attending the forum via video message, Hong Kong Chief Executive Li Jiachao said that the country will host an Asia-Pacific Economic Cooperation (APEC) Informal Leaders' Meeting in Shenzhen. For the first time in history, Hong Kong will also host the APEC Finance Ministers Meeting in October. At the same time, cities in the Greater Bay Area will also organize various ministerial meetings. The world is focusing on the Greater Bay Area. Hong Kong is ready to continue to act as a “super contact” and “super value-added person” for the Greater Bay Area and the global market in the future.

Li Jiachao added that under “one country, two systems,” Hong Kong is the only city in the world that combines the advantages of China and the international community. Hong Kong has a common law system, free flow of capital, information, and talents, and a simple tax system, and has always been recognized as a leading international financial center. At the same time, combining Hong Kong's excellent research standards with the mainland's advanced manufacturing capabilities, Hong Kong is also actively building the Beidu University City and promoting cooperation between universities, research institutions and industry to enhance long-term competitiveness.

Hong Kong's Financial Secretary, Mr Chan Mao-po, pointed out in a video message that Asia's collaborative development is entering a new stage, driven by geopolitical and technological changes. The Guangdong-Hong Kong-Macao Greater Bay Area has unique advantages such as an international financial center, a thriving innovation and technology cluster, large-scale advanced manufacturing and multimodal transport networks, and can become an important platform for promoting cooperation in the Asia-Pacific region and connecting the mainland and the world.

On the financial side, Chen Maobo said that Hong Kong can provide diversified financing channels for economies at different stages of development, support innovation, technology, infrastructure and green transformation, and share experiences in using fintech to promote inclusive finance. He also pointed out that the Greater Bay Area has competitive advantages in cutting-edge technology, and commercial aerospace also has huge potential for development; Hong Kong can play a role as a bridge with its international connections, customer networks and standard docking capabilities.

He mentioned that Hong Kong has advantages such as a bilingual Chinese-English and multicultural environment, good rule of law and order, first-class universities, and a high level of international ties. It will strive to cultivate the talents needed by the country and build it into an international education hub serving the Asia-Pacific region and the world. University towns in the northern metropolitan area will become a gathering place for technology, industry, and talent, creating greater regional influence.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending