FS: Beijing Wants To Give More Support To HK

Financial Secretary Paul Chan said on Sunday that central government officials want to give Hong Kong more support to help the SAR better unleash its unique advantages and help the country's growth.

The minister was writing about his trip to Beijing last week, when he led a delegation of finance officials to meet their mainland counterparts.

He said even though mainland officials could not travel because of Covid, they had kept themselves up to date on Hong Kong.

"They want to find new measures in the areas they're responsible for or improve existing cooperation mechanisms, so that Hong Kong can better unleash its unique advantages and functions for better development, and in turn make more contributions to the country's development," Chan wrote on his weekly blog.

The minister said the trip served as an important reference for the government and financial regulators on both sides of the border.

He also pointed out that after the border reopening with the mainland, different provincial governments have sent delegations to visit Hong Kong for exchanges and business promotions, and SAR officials are doing the same.

Chan added that Hong Kong is in the midst of what he called a golden window of development opportunities, and that the SAR is more efficient in policy implementation after safety and stability was restored by the national security law.