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

2.3% rise in mainland visitors to Hong Kong on first day of Dragon Boat Festival

2.3% rise in mainland visitors to Hong Kong on first day of Dragon Boat Festival

Hong Kong has recorded a 2.3 per cent increase against last year in the number of mainland Chinese tourists arriving on the first day of the Tuen Ng Festival holiday, as some opted to avoid crowds across the border and instead experience the city’s festive vibe. Data published by the Immigration Department on Sunday showed

1 June 2025
Fans bid fond farewell as curtain falls on Hong Kong’s Grand Ocean Cinema

Fans bid fond farewell as curtain falls on Hong Kong’s Grand Ocean Cinema

More than 100 film lovers bid an emotional farewell to one of Hong Kong’s oldest cinemas on Sunday, with many taking the last chance to take selfies as a final memento. Dozens gathered at the iconic back entrance stairwell of the Golden Harvest Grand Ocean Cinema in Tsim Sha Tsui, snapping photos of the theatre’s

1 June 2025
Admin fees for Hong Kong’s MPF down by 36% since launch of digital platform

Admin fees for Hong Kong’s MPF down by 36% since launch of digital platform

Fees charged by Hong Kong’s Mandatory Provident Fund have dropped by 36 per cent since the launch of its centralised digital platform last year, with over 2.7 million members and 70,000 employers to be managed under the new system by August, the scheme’s chief has said. Mandatory Provident Fund Authority chairwoman Ayesha Macpherson Lau warned

1 June 2025
Hong Kong police arrest 7 over attempted burglary of jewellery store

Hong Kong police arrest 7 over attempted burglary of jewellery store

Hong Kong police arrested seven people early on Sunday morning in Ma On Shan on suspicion of attempted burglary. The suspects, who included individuals as young as 19 years old, were apprehended at around 5am while allegedly attempting to break into a jewellery store in MOSTown, a shopping centre located on On Luk Street. The

1 June 2025
‘Credible’ new global mediation body will draw investors to Hong Kong: Paul Chan

‘Credible’ new global mediation body will draw investors to Hong Kong: Paul Chan

The new International Organisation for Mediation launched in Hong Kong will be an efficient, fair and credible mechanism for dispute resolution and attract investors from the Global South as the economy shifts towards these developing countries, the city’s finance minister has said. Financial Secretary Paul Chan Mo-po said on Sunday the inauguration of the China-led

1 June 2025
Hong Kong Airlines to expand pet-in-cabin service, with bookings full till November

Hong Kong Airlines to expand pet-in-cabin service, with bookings full till November

Hong Kong Airlines is looking to expand a newly launched service that allows passengers to bring their pets into cabins to more destinations, as strong demand has led to bookings being filled until mid-November. In an exclusive interview with the Post earlier this week, the carrier’s president Jeff Sun Jianfeng revealed plans to expand its

1 June 2025
Hong Kong pulls Haribo gummies from stores after cannabis taint in Netherlands

Hong Kong pulls Haribo gummies from stores after cannabis taint in Netherlands

Hong Kong’s food safety watchdog has instructed businesses to temporarily remove Haribo’s gummy products from shelves as a precautionary measure, following reports from the Netherlands of cannabis contamination in certain batches of the popular sweets and an import suspension by Taiwan. In response to the Post’s queries, a government spokesman said on Sunday that while

1 June 2025
“Cassette King” David Chan Ping-chi. Photo: SCMP

From riches to rags: Hong Kong’s veteran property investors grapple with market downturn

Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing

1 June 2025
“Cassette King” David Chan Ping-chi. Photo: SCMP

From riches to rags: Hong Kong’s veteran property investors grapple with market downturn

Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing

1 June 2025
The fallout from Trump's war on Harvard will outlast his term

The fallout from Trump’s war on Harvard will outlast his term

BBC Donald Trump has had a busy seven days. On Monday, he threatened to redirect $3bn in Harvard research funding to vocational schools. On Tuesday, the White House sent a letter to federal agencies, instructing them to review the approximately $100m in contracts the government has awarded Harvard and “find alternative vendors” where possible. On

1 June 2025
What does Hong Kong’s obsession with ‘Mr and Mrs Ho’ say about society?

What does Hong Kong’s obsession with ‘Mr and Mrs Ho’ say about society?

Hong Kong’s appetite for gossip-driven news such as reports on the drama-filled life of internet couple “Mr and Mrs Ho” reflects residents’ disinterest in politics and the allure of hot-button topics such as differences in the ages of married partners. The couple first garnered media attention last year during a whirlwind romance that saw the

31 May 2025
Passenger arrested in Hong Kong for alleged theft on flight from Indonesia

Passenger arrested in Hong Kong for alleged theft on flight from Indonesia

Hong Kong police have arrested a passenger for allegedly stealing cash and jewellery from two backpacks on a flight from Indonesia, as authorities continue their efforts to combat a persistent rise in cabin-related crimes. Airport police said on Saturday that two passengers the previous day had reported that cash and jewellery had gone missing from

31 May 2025
Liaison office chief Zhou Ji (second left) with city leader John Lee (second right). Also attending the meeting was the director of the Chief Executive’s Office, Carol Yip Man-kuen (right). Photo: ISD

Hong Kong’s John Lee meets new liaison office chief, vows to pursue fresh growth

Hong Kong’s leader has pledged to identify fresh areas for economic growth as he expressed confidence in working with the newly appointed director of Beijing’s liaison office to speed up the city’s development. Chief Executive John Lee Ka-chiu made the remarks as he met office director Zhou Ji at Government House on Saturday. They exchanged

31 May 2025
Ophir Averbuch

‘Incredibly ironic’: Trump antisemitism effort may force out Harvard’s Israeli Jews

The Trump administration has been attempting to weed out antisemitism at Harvard University by revoking a key certification that allows the university to enroll international students. But that same effort could force Harvard’s Jewish students from Israel — the very people the administration says it is aiming to protect — to leave the country. “I

31 May 2025
Residents have taken to social media to post images of the black particles. Photo: Facebook/Desmond Wang

Black particles in water? Hong Kong says supply at public housing estate is safe

The freshwater supply at a Hong Kong public housing estate in the New Territories is safe, authorities have said, after residents voiced worries over black particles found in their drinking water. The Water Supplies Department on Saturday sought to reassure tenants of Queen’s Hill Estate in Fanling following complaints about a delayed official response to

31 May 2025
0
Would love your thoughts, please comment.x
()
x