Financial Secretary Paul Chan Mo-po delivers a speech during the Global Financial Leaders' Investment Summit at Four Seasons Hotel in Hong Kong on Nov 2, 2022. (ANDY CHONG / CHINA DAILY)
Hong Kong is confident of being a premier center for green and sustainable finance serving the world’s green transformation, Financial Secretary Paul Chan Mo-po told the Global Financial Leaders’ Investment Summit on Wednesday.
Highlighting the special administrative region’s unlimited potential and opportunities as an international financial center in his keynote speech, Chan said the opportunities the city offers to the world in the future will be “boundless”.
Benefiting from its unique connectivity with the Chinese mainland and the world, he said the SAR has made outstanding achievements in areas like fundraising, renminbi internationalization, and risk and wealth management.
Financial Secretary Paul Chan Mo-po delivers a speech during the Global Financial Leaders' Investment Summit at Four Seasons Hotel in Hong Kong on Nov 2, 2022. (ANDY CHONG / CHINA DAILY)
Benefiting from its unique connectivity with the Chinese mainland and the world, Financial Secretary Paul Chan Mo-po said the SAR has made outstanding achievements in areas like fundraising, renminbi internationalization, and risk and wealth management
Along with the momentum of global carbon emissions, Hong Kong aims to achieve carbon neutrality by 2050. "The city has the vision to become a premier center for green and sustainable finance that serves green transformation on the mainland, the region and the world,” Chan said.
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With the strong support of the country’s 14th Five-Year Plan (2021-2025), Chan said he has full confidence in Hong Kong’s development as a green financial center, adding that the city’s strategic position in the Guangdong-Hong Kong-Macao Greater Bay Area is unique. “The 86 million people in the region and the 11 emerging cities have a huge demand for green finance,” he said.
suzihan@chinadailyhk.com