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Greater Bay Area

Hong Kong holds a financial forum to explore the advantages of internationalization and high-quality development

2023-11-28   

The Hong Kong Financial Forum 2023: Exploring the Advantages and High Quality Development of Hong Kong's Internationalization was held in Hong Kong on the 27th. The forum focused on three topics, namely, the role and opportunities of Hong Kong in Chinese path to modernization, how Hong Kong can play its international advantages in different fields such as finance, innovation, law and talent, and how Hong Kong's free and open business environment can create opportunities for Chinese and foreign enterprises. The Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, delivered a speech stating that Hong Kong has become a city with both Chinese and international advantages, thanks to its unique advantage of relying on the motherland and connecting with the world under the "One Country, Two Systems" policy. Hong Kong maintains its status as a free port and independent tariff area, supports the multilateral trading system, and allows for the free flow of funds and talents. Under the solid guarantee of the rule of law, Hong Kong society provides a safe and stable business environment for investors and entrepreneurs, allowing them to achieve great success in this free and open society. Zheng Yanxiong, Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, stated that Hong Kong is not only a bridge and link between China and the world, but also a window and gateway for the world to enter China. Adhering to international characteristics is the key to Hong Kong's success and the source of confidence. Leveraging its international advantages is the only way for Hong Kong to govern and thrive, and making good use of international platforms is where Hong Kong's strengths and contributions lie in serving the country. On November 27th, Zheng Yanxiong, Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, delivered a speech at the forum. Photo by Xinhua News Agency reporter Lv Xiaowei: Currently, climate change has a significant impact and extreme weather is becoming more frequent. UN Development System Coordinator in China, Chang Qide, delivered a speech stating that green finance has become an important tool for economic transformation in addressing the challenges of climate change, and Hong Kong has a unique position and role in this regard. The three major issues will be discussed in the form of thematic discussions, with the themes of "Embracing New Opportunities and Sailing on a New Journey", "Stimulating New Energy to Win on a New Track", and "Investing in the Treasure Bowl of Wealth". The Financial Secretary of the Hong Kong Special Administrative Region Government, Chan Mo po, said that Hong Kong needs to develop in a staggered manner with other cities in the Guangdong Hong Kong Macao Greater Bay Area. In the positioning of the "Eight Centers" in the national "14th Five Year Plan", it is particularly important to grasp the position of an international financial center and innovative development, which are the two major development engines of Hong Kong in the short and medium term in the future. In an environment where there are still many variables in the global economy, the Secretary for Commerce and Economic Development of the Hong Kong Special Administrative Region Government, Qiu Yinghua, believes that the future development of Hong Kong enterprises will be under certain pressure. Therefore, the government should continue to enhance Hong Kong's competitiveness, support Hong Kong enterprises, create opportunities, actively explore emerging markets, find new growth points, and inject development momentum into the economy of Hong Kong and the country. The Chairman of the Hong Kong Trade Development Council, Lin Chien Yue, said that Hong Kong has international advantages in innovation, legal services, talent cultivation, and other fields. It has world-class universities, research institutions, and entrepreneurial ecosystems, and attaches great importance to the protection of the legal system and intellectual property rights, providing a favorable and reliable business environment for enterprises. The Hong Kong Finance and Economics Forum 2023 is jointly organized by the Hong Kong Economic Daily and the South China Morning Post, co hosted by the Finance and Economics magazine, and co organized by the Southern Finance and Economics All Media Group. It invites officials from the Hong Kong Special Administrative Region government, representatives of central agencies in Hong Kong, leaders of business associations, and legal funds

Edit:Hu Sen Ming Responsible editor:Li Xi

Source:XinhuaNet

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