Financial Secretary Paul Chan said in a blog post that after visiting Nanjing and Bangkok last week, he found that developing economies need capital and technology, while mainland enterprises need international markets and professional services, and both needs converge in Hong Kong. He said Hong Kong can both channel global capital and connect mainland technology and industry, and is well placed to help others develop while further enhancing its own advantages.
Financial Secretary Paul Chan met Thai Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas in Bangkok to exchange views on strengthening trade and financial co-operation between the two places, and to explore promoting the alignment of local foreign direct investment with Hong Kong's capital market. Paul Chan said Hong Kong can provide investment and financing support for local enterprises, and encouraged enterprises from both places to pursue dual listings, and invited his counterpart to attend the Asian Financial Forum in Hong Kong in January next year. In the morning he also met the management team of a major French bank, and then set off back to Hong Kong.
Financial Secretary Paul Chan met the Thai Deputy Prime Minister and Finance Minister in Bangkok to discuss deepening bilateral trade and financial co-operation and to promote the alignment of local foreign direct investment with Hong Kong's capital market. He also met the management team of a major French bank to exchange views on fixed income and currency markets, green and sustainable finance, and tokenised financial products, and invited the Thai side to attend the Asian Financial Forum in Hong Kong in January next year.
Financial Secretary Paul Chan this morning met Thai Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas in Bangkok, Thailand, to exchange views on strengthening economic, trade and financial co-operation between the two places, and to explore promoting the alignment of local foreign direct investment with Hong Kong's capital market. He also met the chief executive officer and management team of a major French bank to exchange views on areas such as fixed income and currency markets, green and sustainable finance, and tokenised financial products, and invited the Thai side to attend the Asian Financial Forum to be held in Hong Kong in January next year.
Financial Secretary Paul Chan will travel to Bangkok, Thailand, tomorrow morning, as a member of the Chinese delegation, to attend the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, and will attend the Annual Meetings Plenary on Friday. During his stay, he will attend a roundtable co-organised by the IMF and the Hong Kong Monetary Authority, exploring investment and fundraising opportunities for Middle Eastern and Central Asian economies utilising Hong Kong's markets, and will also join a dialogue organised by Bloomberg and the Atlantic Council. Paul Chan will return to Hong Kong from Bangkok on Saturday morning. During his absence, Deputy Financial Secretary Christopher Hui will act as Financial Secretary.
Financial Secretary Paul Chan will depart for Bangkok, Thailand tomorrow morning to attend the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group as a member of the Chinese delegation. During the meetings, he will attend a roundtable co-organised by the IMF and the Hong Kong Monetary Authority to explore investment and financing opportunities for economies in the Middle East and Central Asia through Hong Kong's markets. He will return to Hong Kong from Bangkok on Saturday morning. During his absence, Financial Secretary for Financial Affairs Christopher Hui will act as Financial Secretary.
Financial Secretary Paul Chan will depart for Bangkok, Thailand, tomorrow (October 15) to attend the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group as a member of the Chinese delegation. He will attend the Annual Meetings plenary on October 16 and a roundtable co-organised by the IMF and the Hong Kong Monetary Authority. Chan will return to Hong Kong on October 17. During his absence, Financial Secretary for Financial Affairs Christopher Hui will act as Financial Secretary.
Financial Secretary Paul Chan led a delegation on a visit to Nanjing today, having breakfast with Jiangsu Provincial Standing Committee member and Executive Vice-Governor Zhang Wenbin, exchanging views on deepening Jiangsu-Hong Kong economic and trade cooperation, and visiting an energy and energy-saving equipment enterprise and a pharmaceutical enterprise. Chan said innovation and technology is a key area of Jiangsu-Hong Kong cooperation, and encouraged enterprises to make good use of Hong Kong's advantages in capital markets and professional services that connect with the world, as well as its汇聚 of international financial institutions and talent, to develop overseas markets. The delegation concluded its Nanjing itinerary in the afternoon and returned to Hong Kong in the evening.
Financial Secretary Paul Chan concluded his Nanjing visit today, telling Jiangsu provincial leaders that he would actively follow up on various cooperation projects to push for more substantive results in Jiangsu-Hong Kong cooperation. He had breakfast with Zhang Wenbing, Standing Committee Member of the Jiangsu Provincial Party Committee and Executive Vice Governor, discussing deepening Jiangsu-Hong Kong economic and trade cooperation and strengthening innovation and technology collaboration, and visited a Jiangsu energy and energy-saving equipment company and a pharmaceutical company, saying that innovation and technology is a key area of Jiangsu-Hong Kong cooperation.
Financial Secretary Paul Chan concluded his visit to Nanjing today and returned to Hong Kong in the evening. He had breakfast with Zhang Wenbin, Executive Vice-Governor of Jiangsu Province and a member of the Standing Committee of the Provincial Party Committee, and exchanged views on deepening Jiangsu-Hong Kong economic and trade cooperation and strengthening collaboration in innovation and technology. The delegation subsequently visited a Jiangsu energy and energy-saving equipment enterprise and a pharmaceutical company to learn about their technology research and development, drug research and development, and global marketing.
Financial Secretary Paul Chan said in a video address at the dinner of the Hong Kong Professional Services Alliance that professional services must play the role of a "super converter", converting the technological and product strengths of mainland enterprises into international competitiveness. He urged the industry to actively participate in the discussion and formulation of international standards, and to enhance the ability to identify and manage risks amid the tide of artificial intelligence, noting that technology cannot assume professional responsibility on their behalf. He also expressed hope that the industry would give young people more experience in cross-disciplinary and cross-regional projects.
Financial Secretary Paul Chan began the second day of his visit to Nanjing, attending the Jiangsu Hong Kong Business Sharing Session and delivering a speech at the Enterprise Global Expansion Promotion Conference, encouraging Jiangsu enterprises to use Hong Kong as a base for deploying global business. He met with Jiangsu Governor Liu Xiaotao and proposed that the two places deepen cooperation in three areas: financing and treasury management, alignment with international standards, and making good use of international data resources and talent. The delegation departed for Hong Kong in the afternoon.
Financial Secretary Paul Chan led a delegation of about 30 people on a visit to Nanjing, where he delivered a speech to more than 200 teachers and students at Nanjing University, proposing that Jiangsu-Hong Kong and Nanjing-Hong Kong cooperation could be deepened in two areas: supporting enterprises in "going global" and industrial linkage. The two places could combine Nanjing's strengths in the software industry with Hong Kong's research and development capabilities and international networks to jointly develop industrial software, enterprise-grade intelligent agents and robots, as well as cooperate in the fields of life and health and green technology.
Financial Secretary Paul Chan led a delegation of about 30 people on a visit to Nanjing, where he delivered a speech to more than 200 teachers and students at Nanjing University, introducing new directions for Hong Kong's economic development and outlining cooperation between Jiangsu and Hong Kong, as well as Nanjing and Hong Kong, in two areas: supporting enterprises in going global and linking up industries. He mentioned that Nanjing's strengths in the software industry could be combined with Hong Kong's research and development capabilities and international network to jointly develop industrial software, enterprise-grade agents and robots, as well as to cooperate in the fields of life and health and green technology.
Financial Secretary Paul Chan delivered a keynote speech at Nanjing University in Nanjing on 12 October, setting out the opportunities in artificial intelligence and the development direction of Hong Kong's financial and innovation and technology sectors. In the first nine months of this year, Hong Kong had 116 new listings, raising approximately HK$388 billion, an increase of 106% over the same period last year. He proposed that cooperation with Nanjing could advance along two paths, namely going global and industry linkage, with priority given to aligning in three areas: AI and software, life and health, and smart grids.
The rebuilt Huanggang Port will officially open at 6:30am tomorrow. Financial Secretary Paul Chan said the new port will handle 200,000 passengers daily, five times that of the old port, and will maintain 24-hour clearance. Under the model of "joint inspection and single release", completing entry and exit formalities at both places will take about 5 minutes, a significant reduction from about 30 minutes at the old port. He also mentioned that the APEC Finance Ministers' Meeting will be held in Hong Kong for the first time in over a week's time.
Why read this: The new port will handle 200,000 passenger trips daily, with clearance time cut from about 30 minutes to about 5 minutes; the figures are specific and can be checked item by item.
Financial Secretary Paul Chan said in his blog that the Lok Ma Chau Control Point has completed its historic mission today, and that on 12 October the new Huanggang Port will continue the Shenzhen-Hong Kong link to a new standard. The new port has a total gross floor area of about 690,000 square metres, is designed to handle 200,000 passenger trips daily, takes about five minutes to complete immigration procedures for both places, and maintains 24-hour clearance. He also discussed the four key areas of focus at the APEC finance ministers' meeting, being held in Hong Kong for the first time, including fiscal policies supporting people's livelihood development, digital infrastructure financing, inclusive finance, and exchanges and cooperation among young financial talent.
Why read this: The blog sets out the upgrading of the Shenzhen-Hong Kong port alongside the upcoming APEC finance ministers' meeting, listing verifiable figures such as clearance times and loan approvals, allowing readers to compare Hong Kong's role in connectivity and financing.
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Translation is not available yet. Showing the Traditional Chinese version.