Press Releases in Hong Kong

Finance chief: HK needs to seize opportunities in mainland

HONG KONG – The Guangdong-Hong Kong-Macao Greater Bay Area is the best dovetailing point for Hong Kong to integrate into the national development, Paul Chan Mo-po, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said on Friday.

The Greater Bay Area offers significant room for Hong Kong's economic development, bringing huge opportunities to a wide range of industries, Chan said at two forums, stressing that Hong Kong and other cities in the area are complementary to each other.

READ MORE: HK youth encouraged to pursue their dreams in Greater Bay Area

He in particular stressed cooperation in innovation and cross-border finance and said that Hong Kong needs to seize opportunities in the ever-growing mainland markets.

Hong Kong should strengthen its role as an intermediary, a high-value service platform, an international talent and capital pool, and an experimental field, among others, to facilitate the interaction between the mainland and global markets, Chan said.  

ALSO READ: HK youth encouraged to seek opportunities in GBA