Asian Financial Forum opens in Hong Kong, focuses on opportunities in China and calls for multilateral cooperation
Information source: Chinese government website Release time: 2024-01-25 Number of views: times
Xinhua News Agency, Hong Kong, January 24 (Reporter Zheng Xin and Lu Yun) The two-day 17th Asian Financial Forum opened at the Hong Kong Convention and Exhibition Center on the 24th, attracting the participation of more than 3,000 financial and business representatives. The forum has added a “China Opportunities” discussion session, where the industry will discuss the latest potential of the mainland market, as well as the role and advantages that Hong Kong can play.
The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, said in his speech at the forum that “one country, two systems” has brought long-term opportunities to Hong Kong’s financial industry, allowing Hong Kong’s financial industry to flourish even in the face of severe challenges. Hong Kong will continue to serve as a “super connector” and “Super Value Adders” creating opportunities for businesses and economies in Asia and around the world.
He said that Hong Kong has long been a major listing platform for global companies and a center of excellence for biotech financing. Mutual market access between Hong Kong and the Mainland, ranging from stocks, bonds to derivatives, has continued to expand, firmly establishing Hong Kong’s role as an indispensable capital bridge between the Mainland and international financial markets.
Li Yunze, director of the State Administration of Financial Supervision and Administration, said in his speech that the mainland’s economic development has a solid foundation, sufficient economic growth vitality, and large macro policy space. Overall, the favorable conditions still outweigh the unfavorable factors; the mainland’s economy has been improving in the long term, and its structure has continued to improve. The high-quality development trend will not change; the mainland economy will surely move forward steadily while overcoming difficulties and continue to provide strong impetus for world economic development.
He said that the State Administration of Financial Supervision will continue to strengthen regulatory cooperation with Hong Kong, fully support Hong Kong in leveraging its unique advantages under “one country, two systems”, and continue to consolidate and enhance Hong Kong’s status as an international financial center. Hong Kong will surely burst out with greater vitality and stronger competition. and make greater contributions to the prosperity and development of the Asian region.
Lam Kin-yuk, Chairman of the Hong Kong Trade Development Council, said that the world seeks opportunities for development and transformation, and these opportunities can only be realized through continued multilateral cooperation. The theme of this Asian Financial Forum is “Multilateral Cooperation Writes a New Chapter”, looking for cooperation opportunities on the most urgent issues at present, and working together for a win-win situation.
This forum is co-organized by the Hong Kong SAR Government and the Hong Kong Trade Development Council. It features more than 40 theme forums, policy dialogues and other discussion activities to discuss hot topics such as global economic prospects, opportunities in China, and green finance.
2024-01-25 01:26:26
#Asian #Financial #Forum #opens #Hong #Kong #focusing #Chinas #opportunities #calling #multilateral #cooperation #Central #Network #Information #Anshan #Municipal #Peoples #Government