HK Can Be Perfect Partner For Mideast Nations: CE

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2023-02-04 HKT 17:55

Share this story

facebook

  • HK can be perfect partner for Mideast nations: CE

Chief Executive John Lee has vowed to seize on business opportunities for Hong Kong during his trip to Saudi Arabia and the United Arab Emirates, and to broaden the city's economic and trade cooperation with the region.

Lee left for the Middle East on Saturday, taking with him several of his top officials and more than 30 industry leaders. His delegation will first visit Riyadh, before heading to Abu Dhabi and Dubai.

"Both [countries] are very successful economies," Lee told reporters before leaving the SAR. "They have a great vision and a grand development blueprint in finance, innovation and technology, as well as infrastructure and logistics, and so on.

"Their development vision and needs are exactly in line with Hong Kong's advantages, so Hong Kong can seize a lot of business opportunities. By working together, Hong Kong will broaden its economic and trade development, as well as cooperation with countries in the Middle East."

During his trip, the CE will meet with senior officials, visit local businesses, and attend forums, to tell them about the SAR.

He said Hong Kong can be a beneficial partner to the two Middle Eastern countries on various fronts, such as investment, innovation and technology, and arts and culture.

Separately, Lee said authorities in Hong Kong are fully prepared for the full resumption of quarantine-free travel with the mainland on Monday.

"When we made it clear to citizens that they would have the opportunity to return to the mainland, they travelled according to their own needs and arrangements," he said. "We saw that the daily number of people crossing the border had been steady.

"I believe the full border reopening is very attractive, but the number of people crossing will gradually increase. And they won't have this herd mentality like at the beginning [of the reopening] and swarm to cross the border, worrying that they might not be able to return to the mainland."

RECENT NEWS

How PayMe By HSBC Is Shaping Digital Payment Usage In Hong Kong

The rise of digital payment solutions has significantly transformed Hong Kong’s financial landscape, with consumers i... Read more

Hong Kong Set To Launch Asias First Spot Bitcoin Exchange-Traded Funds

The Securities and Futures Commission (SFC) of Hong Kong is anticipated to announce the approval of the city’s first ... Read more

Hong Kong Unveils Enhanced Anti-Scam Charter 2.0 To Combat Digital Fraud

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have launched the Anti-Scam Consu... Read more

In Asia, E-Wallets Are Fast Becoming The Preferred Payment Method For The People

E-wallets remained popular among consumers in Asia-Pacific (APAC), maintaining their position as the preferred payment ... Read more

HashKey Group Sets Sights On Surpassing Coinbase With Launch Of HashKey Global

HashKey Group, an operator in Hong Kong’s licensed cryptocurrency exchange market, has expanded its offerings with th... Read more

Ant Group Rolls Out International Zones With Global E-Wallets And Card Partners

Ant Group, in collaboration with 11 overseas payment partners of Alipay+ and major international card organisations, la... Read more