In his latest blog post, Financial Secretary Paul Chan shared the fruitful outcomes of his recent visit to Riyadh, Saudi Arabia. Over the past week, Chan facilitated and witnessed a series of collaborative projects, reinforcing the unique value of the "Hong Kong brand" and its vast potential for development. The delegation's experience underscored Hong Kong's clear positioning and wider avenues for deepening cooperation with Middle Eastern markets, contributing to the Belt and Road Initiative.
Chan emphasized that Hong Kong will increasingly focus on tapping into the potential and strengths of the "Hong Kong brand" by establishing bilateral ties with emerging markets and weaving these connections into a broader, more closely-knit network. This strategy aims to create a more robust and comprehensive business, finance, and innovation ecosystem.
He added that Hong Kong's collaboration with the Middle East will extend beyond finance, technology, and investment. As a hub for cultural exchange between China and the world, Hong Kong can further promote people-to-people connections and cultural exchanges between the two regions, fostering mutual understanding and stronger ties.
In addition, Chan revealed ongoing discussions with the Future Investment Initiative (FII) to bring the second FII Summit back to Hong Kong in 2025. This event will attract global leaders from the finance and investment sectors to gather in the city.
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