'Apec meeting builds trust for future cooperation'

Hosting the Apec Finance Ministers Meeting in Hong Kong allowed international decision makers to observe the city's strengths and lay the groundwork for enhanced cooperation, according to Kenny Shui, a representative from Our Hong Kong Foundation. Shui stated that choosing Hong Kong to host the event demonstrated the central government's faith in the Special Administrative Region's capacity to bridge the mainland with global markets.

The foundation's vice president explained that Hong Kong boasts numerous advantages in providing such an occasion, thanks to its "one country, two systems" framework. This arrangement provides a common law system and unrestricted capital movement, which can facilitate collaboration among businesses from diverse markets and instill investor confidence when making long-term commitments.

Furthermore, Shui highlighted the city's robust financial and professional service network, which can assist in following up on the discussions. Banks, investors, insurers, lawyers, and accountants already collaborate in Hong Kong on international business matters. Consequently, delegates at the meeting could engage with representatives of local financial institutions and witness firsthand how the city supports cross-border investments, thus fostering trust and paving the way for future cooperation.