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HK crucial in helping firms go global: FS

Financial Secretary Paul Chan on Sunday said an upcoming Belt and Road Summit would reinforce Hong Kong’s role as a critical hub for helping enterprises go global. This year’s summit will be held at the Hong Kong Convention and Exhibition Centre in Wan Chai on Wednesday and Thursday. Writing in his weekly blog, Chan said this year’s Belt and Road Summit would introduce a new session – a dedicated…

Financial Secretary Paul Chan highlighted on Sunday that the upcoming Belt and Road Summit would solidify Hong Kong's role as a vital global business hub. The event will be held at the Hong Kong Convention and Exhibition Centre in Wan Chai on Wednesday and Thursday. In his weekly blog post, Chan announced that this year's summit would feature a new segment - the Go Global Chapter - aimed at supporting mainland enterprises in their overseas business expansion efforts.

Chan emphasized that the summit would also cover various topics, such as energy, artificial intelligence, low-altitude economy, and urban development, in order to foster exchanges and collaborations.

The finance chief also revealed that the government's GoGlobal Task Force has successfully assisted over 300 mainland companies in establishing or expanding their operations in Hong Kong since its inception last year. Chan expressed optimism that Hong Kong can further aid Belt and Road enterprises in identifying markets, lowering transaction costs, and unlocking their growth potential.

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