- Hong Kong's director of economic companies emphasised the strategic place of the area.
- Hong Kong is the one metropolis that has international and Chinese language benefits.
- About 80% of the greater than 2,600 firms listed in Hong Kong are from mainland enterprises.
Director of Hong Kong's Monetary Companies and Treasury Bureau, Paul Hui, highlighted the area's strategic place as a bonus in exploring a number of growth areas. In keeping with Hui, Hong Kong is the one metropolis that has international and Chinese language benefits.
In a current presentation, Hui highlighted a number of areas that he thinks the Hong Kong authorities may give attention to for growth advantages. He talked about areas comparable to inexperienced finance, household workplaces, digital property, and so forth. The director of economic companies believes that growing actions in these areas will enable traders around the globe to know Hong Kong's foremost growth areas.
In the meantime, Hui famous that about 80% of the greater than 2,600 firms listed in Hong Kong are from mainland enterprises. In keeping with him, the mainland's financial progress exceeded 5% in 2023, whereas Hong Kong's GDP progress reached 3.3% in the identical interval, confirming the area's enhancing financial dynamism.
The top of the Hong Kong Treasury Bureau believes the executive area wants to mix environment friendly authorities with an environment friendly market to draw overseas funding. In keeping with him, Hong Kong authorities should be strategic within the areas to give attention to, thereby highlighting areas of alternative for traders around the globe.
Hong Kong Financial Authority Governor Xu Zhengyu emphasised the higher want for “connectors” and “value-added suppliers” within the present context of rising international uncertainty. In keeping with Zhengyu, the introduction of such changes would enable Hong Kong to play an “irreplaceable” function within the scheme of issues.
Zhengyu acknowledged that Hong Kong has all the time been an excellent platform to serve the world with a extremely internationalized mannequin primarily based on the rule of legislation. Subsequently, individuals who wish to increase capital or make investments will all the time flock to Hong Kong.
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