The 18th Asian Financial Forum attracted over 3,600 global financial and business leaders to discuss global economy and opportunities in China.

07:07 15/01/2025

On January 14, the 18th Asian Financial Forum (AFF) jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council (HKTDC) concluded today.

On January 14, the 18th ASIA FINANCIAL Forum (AFF) jointly organized by the Hong Kong SAR Government and the Hong Kong Trade Development Council (HKTDC) ended today. The forum attracted over 3,600 global financial and business leaders from more than 50 countries and regions. The conference conducted real-time voting in different discussion sessions to understand the participants' views on global economic outlook, opportunities in China, and other topics. Surveys at the forum showed that most participants believe that generative artificial intelligence (41.6%) and innovation technologies dominated by non-artificial intelligence, including digital infrastructure and healthcare (23%), are the most important growth engines in the Asia-Pacific region. Meanwhile, generative artificial intelligence (31.4%) and high-end manufacturing (20%) are seen as the industries with the most growth potential in mainland China. This year, the AFF Deal-making global investment project matchmaking event jointly organized by HKTDC and the Hong Kong Venture Capital and Private Equity Association brought together over 270 investors and more than 560 investment projects, holding over 700 one-on-one meetings. These projects covered a wide range of sectors including financial technology, medical technology, Shenzhen Kaifa Technology, consumer goods, infrastructure, real estate, environment, energy, and environmental protection technologies, providing a platform for connecting funds and global projects.

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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

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