Financial Secretary Paul Chan stated that Hong Kong is well-positioned to become a regional processing hub for Australian exports as he embarks on a five-day official visit to Australia.
Chan left for Sydney on Sunday and will also stop in Melbourne before returning to Hong Kong on Friday.
In his weekly blog, Chan outlined three key objectives for his trip, with attracting investment being his top priority.
"One of the main focuses of this visit is to engage with companies in the biomedicine, new energy, and also fintech sectors. I will promote Hong Kong's strategic advantages and hopefully get them to set up shop in the SAR."
Chan also expressed a desire to enhance collaboration in green technology, referencing his aim to transform Hong Kong into a "green finance center" as outlined in this year's Budget.
He highlighted that Hong Kong imported goods worth HK$14.8 billion from Australia last year, including fresh produce, seafood, and wine. Australia is currently the second-largest source of imported wine by value and the largest by volume for the city.
In addition to meeting with local business leaders, Chan will participate in an Asia Summit hosted by the Australian Financial Review, where he will deliver a keynote address.
Related News:
FS to engage with business leaders in Melbourne and Sydney
Seminars on CPC plenum guiding principles inspire development momentum in HK
Comment