CE speaks at Belt-Road Forum


Chief Executive John Lee led a high-level Hong Kong Special Administrative Region delegation to attend the CEO Conference of the third Belt & Road Forum for International Cooperation in Beijing today, where he also delivered a speech at the conference’s plenary meeting.

 

Jointly organised by the China Council for the Promotion of International Trade, the State Council’s State-owned Assets Supervision & Administration Commission and the All-China Federation of Industry & Commerce, the CEO Conference was attended by over 1,200 government and business leaders as well as eminent representatives from the business, trade and professional sectors from Belt & Road countries and regions, to share their insights on contributing to the high-quality development of the Belt & Road in achieving common development and prosperity.

 

Speaking at the conference, Mr Lee said that the number of regional headquarters set up in Hong Kong by Belt & Road counterparts between 2017 and 2022 had doubled from 83 to 168, representing a growth of more than 15% per annum on average.

 

Hong Kong’s direct investment in Belt & Road countries up to 2021 had also increased 70% from US$70 billion to US$120 billion, featuring an average annual growth of nearly 15%.

 

The total remittance of renminbi for cross-border trade settlement had more than doubled from RMB3.9 trillion to RMB9.3 trillion, registering a growth of over 18% per annum on average.

 

The Chief Executive pointed out that these figures eminently reflect the immense growth potential of the Belt & Road countries as well as the role of Hong Kong as a participant, facilitator and beneficiary of the Belt & Road Initiative.

 

Looking ahead, Mr Lee pledged that the Hong Kong SAR Government will continue to proactively integrate into the overall development of the country and live out the Silk Road’s spirit of “win-win co-operation” by working hand in hand with Belt & Road countries and enterprises to pursue development and share the fruits of success.

 

At the conference, three projects on investment and technical co-operation involving Hong Kong enterprises totaling more than US$450 million were included in the project signing ceremony.

 

A total of 44 Hong Kong delegates attended the conference this time, an increase of one-third compared to the previous event, reflecting the significant role of Hong Kong as the functional platform for the Belt & Road Initiative. Amongst them are a number of young entrepreneurs and professionals who will be providing the future impetus of development under the new chapter of the Belt & Road.

 

In the evening, the Chief Executive attended a welcoming banquet hosted by President Xi Jinping for guests attending the third Belt & Road Forum for International Cooperation.

 

Mr Lee and Financial Secretary Paul Chan will attend the forum’s opening ceremony tomorrow morning.





Source link

Visited 1 times, 1 visit(s) today

Related Article

Hong Kong convention centre to host more medical, tech, finance, education events

Hong Kong convention centre to host more medical, tech, finance, education events

Hong Kong’s flagship exhibition venue is ramping up its line-up of medical, technology, finance and education events this year, including hosting the LEAP East technology exhibition that will be held outside the Middle East for the first time this summer. The Hong Kong Convention and Exhibition Centre said events linked to the four sectors would

3 March 2026
Chef Dario Cecchini Of Carna Reveals Where To Get The Best Steak In Hong Kong

The Best Steak In Hong Kong, According To Chef Dario Cecchini Of Carna

Image credit: Carna A big slab of meat on a plate might not appeal to everyone, but that just means one thing. You haven’t had a good steak yet. The beauty of steak is in its simplicity. It doesn’t require much and cooks up quickly. Yet when it’s done right, it’s tender, juicy, and satisfying

3 March 2026
Hong Kong logs warmest winter on record, averaging 2 degrees Celsius above normal

Hong Kong logs warmest winter on record, averaging 2 degrees Celsius above normal

Hong Kong experienced its warmest winter on record between December and February, according to the city’s forecaster, with a mean temperature of 19.3 degrees Celsius (67 Fahrenheit) – two degrees above normal. The Hong Kong Observatory on Tuesday also attributed the unseasonably warm February to a weaker-than-normal northeast monsoon over southern China for most of

3 March 2026
What Hong Kong travellers stuck in the Middle East need to do as war spirals

What Hong Kong travellers stuck in the Middle East need to do as war spirals

More than 400 Hongkongers have reported being stranded in the Middle East after major airspace closures triggered by the US-Israeli war on Iran disrupted dozens of flights between the city and the region. There are no signs yet of when they might return home, even as major transit hubs including Dubai airports resumed limited operations.

3 March 2026
The forecaster says the total lunar eclipse will start at 7.04pm. Photo: Dickson Lee

‘Blood moon’ set to rise over Hong Kong but clouds, rain may get in the way

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong is set to witness a rare total lunar eclipse on Tuesday night, but the weather forecaster warns that thick clouds and possible rain may block the view. The Hong Kong Observatory also

3 March 2026
chart visualization

Hong Kong Sees Warmest Winter on Record

“Together with the well above normal temperatures in December 2025 and warmer than usual weather in January 2026, Hong Kong experienced the warmest winter on record from December 2025 to February 2026,” the Hong Kong Observatory said on Tuesday. — Hong Kong has just experienced its warmest winter on record, the city’s observatory has

3 March 2026
China's 2026 Tariff Schedule Targets High-Tech, Healthcare Sectors

What VASPs Need to Know

Hong Kong virtual asset licensing 2026 marks a major step in the city’s effort to regulate dealing, custody, advisory, and asset management activities involving digital assets. With new capital thresholds, expanded statutory definitions, and direct oversight by relevant authorities, the framework introduces far‑reaching compliance obligations for market participants. Businesses operating in or targeting Hong Kong

3 March 2026
The drill simulates an emergency in which a fire is ignited after the landing gear of the plane malfunctions. Photo: Handout

More than 1,000 personnel, volunteers stage emergency drill at Hong Kong airport

Hong Kong International Airport has staged a large-scale emergency drill to test its ability to respond to a major aircraft accident, with more than 1,000 personnel and hundreds of volunteers taking part. The annual aircraft crash and rescue exercise was held on the airport’s centre runway in the early hours of Tuesday, starting at 2.15am

3 March 2026
The court had ordered that the defendant undergo presentencing assessments before sentencing. Photo: Sun Yeung

Mentally ill Hongkonger admits killing mother he mistook for ‘monster lizard’

A Hong Kong man has admitted killing his mother at a public rental flat four years ago under the delusion that she was a “monster lizard” who had pretended to be his family. Wong Chun-kit, 28, on Tuesday pleaded guilty to manslaughter on grounds of diminished responsibility, after prosecutors acknowledged he had suffered a relapse

3 March 2026
TBWA Hong Kong Taps Mike Choy and William Chow as Joint Leaders of Creative Department

TBWA Hong Kong Taps Mike Choy and William Chow as Joint Leaders of Creative Department

Creative agency TBWA Hong Kong has appointed Mike Choy and William Chow as joint leaders of the agency’s creative department. Under the new structure, Choy has been elevated to Creative Partner, joining existing Creative Partner, Chow. Together, they will support TBWA HK General Manager, Ida Mak, by taking joint responsibility for the day-to-day leadership of

3 March 2026
Hong Kong’s strategy for HKIC to prop up city’s office market seen as challenging

Hong Kong’s strategy for HKIC to prop up city’s office market seen as challenging

Hong Kong’s government-backed investment fund is being redeployed to support the city’s sluggish commercial property sector, signaling authorities’ growing willingness to use public funds as a policy tool to steady office valuations and align real estate investment with the city’s industrial ambitions. Attracting foreign institutions, however, might prove challenging. The city’s elevated vacancy rates, looming

3 March 2026
Xia Baolong is scheduled to meet local delegates in a closed-door session on Tuesday. Photo: HKMAO

‘Two sessions’ to ‘focus on Hong Kong’s financial role, Northern Metropolis’

Hundreds of Hong Kong politicians and business leaders head to Beijing on Tuesday for the nation’s annual “two sessions”, with observers expecting discussions to focus on the city’s role as an international financial centre and the Northern Metropolis megaproject. The annual session of the country’s top political advisory body, the Chinese People’s Political Consultative Conference

3 March 2026
無綫新聞 TVB News

Financial Secretary calls Middle East an essential market to HK

發佈日期: 2026-03-02 21:35 TVB News 粵 已複製連結 Financial Secretary Paul Chan stressed the Middle East is an essential market to Hong Kong, adding that maintaining decent ties between the nation and the region will greatly benefit the city. This as the FS said Hong Kong remains a safe haven-port in times of conflict, further noting

2 March 2026
0
Would love your thoughts, please comment.x
()
x