Apec discussions candid and substantive: FS

Financial Secretary Paul Chan praised the Apec Finance Ministers Meeting, stating that the two-day discussions were both candid and substantive. The topics covered included macroeconomic policies, infrastructure financing, and digital cooperation. Chan emphasized that the joint statement issued at the meeting's conclusion was a rare accomplishment due to the diverse perspectives of participating economies.

The outcome would facilitate cross-border financing, listings, and enable Hong Kong and mainland enterprises, along with the city's professional services, to expand internationally.

During the meeting, the 21 participating Apec economies visited various parts of Hong Kong, leaving with a favorable impression. They also found the meeting arrangements to be smooth and satisfactory. Chan credited Hong Kong for successfully hosting the event, noting that it required significant manpower and resources, as well as meticulous attention to guest comfort.

He highlighted Hong Kong's well-established international reputation for hosting conferences and exhibitions, and suggested that the presence of political leaders, rather than just business visitors, would enhance future exchanges and cooperation.

Chan pointed out that the immediate benefits of the meeting include increased visitor numbers and their spending, but the more significant impact lies in how foreign business and political leaders view and understand Hong Kong. The meeting allowed participants to gain a deeper understanding of Hong Kong's unique position under the "one country, two systems" framework.

Chan also emphasized that he had outlined Hong Kong's first five-year plan during the discussions and expressed confidence that after two days of exchanges, participants had a positive and encouraging view of the city's development and economy.