Edward Yau: Actively strive for more international institutions to be established in Hong Kong, including the Asian Infrastructure Investment Bank.
The Hong Kong government will actively strive to attract more international institutions to establish themselves in Hong Kong, including the Asian Infrastructure Investment Bank. Hong Kong is about to set up an Economic and Trade Office in Kuala Lumpur, deepening economic and trade promotion in ASEAN and neighboring countries, and expanding the coverage of economic and trade offices to Latin America and Central Asia.
On October 23, Hong Kong Chief Executive John Lee Ka-chiu attended the Bauhinia Culture Forum and stated that the Hong Kong government will actively strive to attract more international institutions to establish themselves in Hong Kong, including the Asian Infrastructure Investment Bank. Hong Kong is about to establish an Economic and Trade Office in Kuala Lumpur to deepen economic and trade promotion in ASEAN and surrounding countries, and expand the coverage of economic and trade offices to Latin America and Central Asia. Hong Kong will also accelerate the expansion of its aviation network, actively attract airlines to operate more flights, strive to negotiate more new civil aviation agreements and expand aviation rights, with a focus on potential markets in South America, Central Asia, Africa, and the Middle East.
John Lee Ka-chiu stated that in the past, Hong Kong focused more on "attracting in" when playing the role of "bringing in and going out". However, with the reshaping of the global trade order, Hong Kong's future opportunities will be more evident in "going out". This shift is due to mainland enterprises no longer being limited to a single country but actively exploring new markets overseas. In this process, Hong Kong has seen a large amount of business opportunities, benefiting industries such as services, professionals, and financing, forming a grand pattern of mutual benefit, mutual development, and synergy.
To this end, John Lee Ka-chiu proposed the establishment of a special team to help mainland enterprises expand their international businesses through Hong Kong. The "going out special team" has been officially launched and will integrate resources across departments, institutions, and industries to create a one-stop platform to assist mainland enterprises in expanding their international businesses, turning these collaborations into new driving forces for the development of Hong Kong's economy.
John Lee Ka-chiu also mentioned that national opportunities inject development momentum, while international opportunities stimulate growth space. Hong Kong is the freest economy in the world, and its business environment is among the best globally. In the latest Global Financial Center Index report, Hong Kong continues to rank third globally and first in the Asia-Pacific region. These advantages are the solid foundation for Hong Kong to seize international opportunities.
Hong Kong must fully leverage these advantages, deepen international exchanges and cooperation, actively expand its international "circle of friends", and play the roles of "super connector" and "super value-added person", becoming a two-way springboard for mainland enterprises to "go out" and bring overseas enterprises "in".
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