Press Releases in Hong Kong

Zhao: Finance insiders confident in HK’s business environment

This undated photo shows Zhao Jiayin, a member of the All-China Youth Federation. (PHOTO PROVIDED TO CHINA DAILY).

Editor’s Note: Hong Kong Special Administrative Region celebrated the 72nd anniversary of the founding of the People’s Republic of China. Here are some of the thoughts which people in the city shared with China Daily, as they look at what the country has achieved and anticipate the tremendous opportunities ahead for the SAR.

Zhao Jiayin, a member of the All-China Youth Federation, sees Hong Kong having bright prospects with huge opportunities after the recent government report on the city's business environment. Here's what she said. 

This is the 72nd anniversary of our motherland, and all of us, including my families, friends, and colleagues feel excited by the celebration. On the day, I participated in a series of celebratory activities in Hong Kong, which make me proud to be Chinese.

In 2021, China has achieved its first centenary goal – building a moderately prosperous society in all respects and is marching confidently toward the second centenary goal of building the nation into a great modern socialist country 

Over the past 72 years, under the strong leadership of the central government, the Chinese people have forged through innumerable hardships, wrought one miracle after another, and made many great achievements. The Chinese nation has reversed its fate from the continuous decline of modern times to steady progress toward prosperity and strength. In 2021, China has achieved its first centenary goal – building a moderately prosperous society in all respects and is marching confidently toward the second centenary goal of building the nation into a great modern socialist country.

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As a financial industry practitioner, I strongly welcome the two new schemes launched recently, i.e., the cross-border Wealth Management Connect and the Southbound Trading under Bond Connect. We have started the deployment of related investments connecting with these two schemes.

Moreover, a few days ago, on Sept 27, the Hong Kong Special Administrative Region government released its “Report on Hong Kong’s Business Environment: A Place with Unique Advantages and Unlimited Opportunities”, the first since the SAR’s return to the motherland. This topic has outlined the core message — Hong Kong’s business environment is great, and the prospects are bright, there is lively development momentum and huge opportunities. Professionals welcome and support the report since it has strengthened investors’ confidence and made people feel more confident in Hong Kong’s business environment and a future which must be more vibrant and prosperous.

Lastly, we will also seize opportunities in the integration of the Guangdong-Hong Kong-Macao Greater Bay Area. The development of the Greater Bay Area is accorded key strategic planning status in the country’s development blueprint, having great significance in the country’s implementation of innovation-driven development and commitment to reform and opening-up. Hong Kong will definitely capitalize on the opportunities brought about by the development of the Greater Bay Area.

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