2023-10-18 06:38:03
Chinese President Xi Jinping announced eight actions to promote high-quality joint construction of the “Belt and Road”. Hong Kong Chief Executive John Lee said that Hong Kong is striving to develop into an international innovation and technology center. The part of the actions involving technological development is closely related to Hong Kong. There is also unlimited space for development, and we will work hard to deal with it after returning to Hong Kong. Members of the Hong Kong delegation believe that Hong Kong can contribute in more aspects.
Publish time: 18/10/2023 – 08:38
5 minutes
Li Jiachao is leading a 70-member Hong Kong delegation to attend the third “Belt and Road” International Cooperation Summit Forum held in Beijing this morning (18th) and the Entrepreneurs Conference held yesterday. As a member of the delegation, Chairman of the Chinese General Chamber of Commerce Cai Guanshen pointed out to the media that Hong Kong can contribute in many areas of the eight major actions, including the green economy and digital economy. He also said that if the conditions for foreign investment are in line with those of Chinese private and central enterprises, it will help attract more foreign investors, and called on the Beijing government to further reduce taxes and impose restrictions on EU health standards.
Liang Komei-yi, a member of the Hong Kong Executive Council who has been engaged in finance for a long time, said that Xi Jinping supports building an open world economy and removing invisible shackles and obstacles is the right direction and is conducive to trade and business.
Entrepreneurs Conference signs US$97.2 billion “Leading the Road” agreement and calls for setting up offices in Hong Kong
In addition, Xi Jinping revealed in his speech at the Summit Forum this morning that the Entrepreneurs Conference held during this Summit Forum reached a project cooperation agreement of US$97.2 billion.
At yesterday’s Entrepreneurs Conference, Hong Kong Chief Executive Lee Ka-chiu spoke and called on entrepreneurs from all over the country to come to Hong Kong to establish a “Belt and Road Office” to promote more high-standard, sustainable and high-quality development projects that benefit people’s livelihood. He pointed out that Hong Kong is an important node in the construction of the “Belt and Road” and can provide high-quality professional support to various countries, including project financing, risk management, international law and dispute resolution, construction engineering, shipping logistics, innovative technology, etc.
He mentioned that from 2017 to 2022, the number of regional headquarters established by the “Belt and Road” co-building countries in Hong Kong doubled from 83 to 168, and Hong Kong’s direct investment in the co-building countries also increased by 70% from US$70 billion to 2021. of US$120 billion. The total amount of cross-border trade settlement in RMB has approximately doubled from 3.9 trillion yuan to 9.3 trillion yuan, with an average annual growth of 18%.
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