Paul Chan begins visit to UK to deepen cooperation
The Financial Secretary, Mr. Paul Chan, began his visit to London yesterday (Sept. 26, London time). In the evening, Mr. Chan attended the annual "Hong Kong Dinner" organized by the Hong Kong Trade Development Council and delivered a keynote speech.
Mr. emphasized that HK has maintained strong economic and cultural ties with the United Kingdom (UK) over the years, and continues to be one of the largest sources of foreign investment for the UK.
He also pointed out that HK would continue to adhere to the "one country, two systems" arrangement, which includes the implementation of common law and respect for the rule of law; maintaining the free flow of capital, information, talent, and goods; and ensuring a friendly business and investment environment.
He also mentioned that HK legislated for Article 23 of the Basic Law this year, finally fulfilling its constitutional responsibility. He stressed that national security laws ensure a stable and predictable environment for HK's economic development, and have gained widespread recognition from the business community.
In the morning, Mr. Chan attended the plenary of the "Hong Kong-Europe Business Council" and a roundtable meeting hosted by the British think tank "Asia House" respectively, where he introduced HK's economic situation and development strategies to European and British financial and business leaders, particularly focusing on consolidating and enhancing HK’s development of international financial, trade, and shipping centers.
In the afternoon, Mr. Chan met with Ms Tulip Siddiq, the UK Economic Secretary to the Treasury, and Andrew Bailey, the Governor of the Bank of England, respectively to exchange views on global economic and financial development matters of mutual concern.
Mr. Chan also called on the Chinese Ambassador to the UK, Mr. Zheng Zeguang, and introduced the latest situation and development directions of HK. They engaged in in-depth discussions on promoting economic and trade cooperation between HK and the UK.
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