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The Asian Financial Forum opens in Hong Kong, focusing on China's opportunities and calling for multilateral cooperation

2024-01-25   

The 17th Asian Financial Forum, which lasted for two days, opened on the 24th at the Hong Kong Convention and Exhibition Center, attracting over 3000 representatives from the financial and business sectors. The forum will add a discussion section on "China Opportunities", where the industry will explore the latest potential of the mainland market, as well as the role and advantages that Hong Kong can play. During his speech at the forum, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, said that "One Country, Two Systems" brings long-term opportunities to the Hong Kong financial industry, enabling it to thrive even in the face of severe challenges. Hong Kong will continue to serve as a "super contact person" and "super value-added person", creating opportunities for businesses and economies in Asia and around the world. He stated that for a long time, Hong Kong has been the main listing platform for global companies and an excellent center for biotechnology financing. The mutual access between Hong Kong and the mainland in the markets of stocks, bonds, and derivatives continues to expand, firmly establishing Hong Kong as an indispensable capital bridge between the mainland and the international financial market. Li Yunze, Director of the State Administration for Financial Supervision and Administration, said in his speech that the mainland's economic development foundation is solid, economic growth vitality is sufficient, and macro policy space is large. Overall, favorable conditions are still stronger than unfavorable factors; The long-term improvement of the mainland economy, continuous structural improvement, and high-quality development trend will not change; The mainland economy will definitely move forward steadily in overcoming difficulties and continue to provide strong impetus for the development of the world economy. He stated that the Financial Supervisory Authority will continue to strengthen regulatory cooperation with Hong Kong, fully support Hong Kong in leveraging its unique advantages under the "One Country, Two Systems" policy, and continuously consolidate and enhance its position as an international financial center. Hong Kong will surely unleash greater vitality and competitiveness, and make greater contributions to the prosperity and development of the Asian region. The Chairman of the Hong Kong Council for Trade and Development, Carrie Lam, said that the world is seeking opportunities for development and transformation, which can only be achieved through sustained multilateral cooperation. The theme of this Asian Financial Forum is "A new chapter in multilateral cooperation", seeking cooperation opportunities on the most urgent issues at present and working together for mutual benefit. This forum is jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade and Development Council, with over 40 themed forums, policy dialogues, and other discussion activities to explore hot topics such as global economic outlook, China's opportunities, and green finance. (Lai Xin She)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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