HK Holds Belt-Road Forum In Beijing

The Hong Kong Special Administrative Region Government today held a Belt & Road seminar in Beijing to promote the city to Mainland ministries and state-owned enterprises.

 

The Strategies & Opportunities under the Belt & Road Initiative – Leveraging Hong Kong’s Advantages seminar highlighted Hong Kong’s distinctive edge in finance and investment, professional services, and commerce and trade.

 

Chief Executive Carrie Lam in her keynote speech said Hong Kong’s participation in the initiative is guided by the principles of the “one country, two systems" and integrates with national development strategies.

 

“Today's seminar centred around how Hong Kong and Mainland enterprises, in particular state-owned enterprises, can join hands to strategically pursue the opportunities brought about by the Belt & Road Initiative.

 

“We will leverage our advantages to meet the country's needs to contribute to its as well as our future greater development.”

 

Chairman of the Standing Committee of the National People's Congress Zhang Dejiang also delivered a speech at the seminar.

 

The conference was attended by around 120 business and professional services representatives from Hong Kong, as well as more than 380 chief executives and members of senior management from 170 state-owned enterprises.

 

They attended thematic sessions which were moderated by Secretary for Financial Services & the Treasury James Lau, Secretary for Constitutional & Mainland Affairs Patrick Nip and Secretary for Commerce & Economic Development Edward Yau.

 

Mr Yau also led Hong Kong delegates from the finance and investment sectors in meeting Beijing Executive Vice Mayor Zhang Gong and representatives of the Beijing Municipal Commission of Development & Reform.

 

The HKSAR Government will hold a range of business and trade seminars this year to assist Hong Kong enterprises in participating in the Belt & Road Initiative.

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more