HK five-year plan offers UK long-term prospects: CE
Chief Executive John Lee on Tuesday said Hong Kong’s first five-year plan offered long-term prospects for UK companies, investors, and institutions and reinforced the city’s role as a bridge between China and the world. In a speech delivered at the British Chamber of Commerce, Lee pointed to the scale of the existing UK-Hong Kong economic relationship, noting that 770 British companies had a…
Hong Kong's first five-year plan has offered long-term prospects for UK companies, investors, and institutions, according to Hong Kong's Chief Executive John Lee. In a speech at the British Chamber of Commerce, Lee highlighted the strong economic relationship between the UK and Hong Kong, noting that 770 British companies had a presence in the city last year, up seven percent year on year.
The city's merchandise trade with the UK reached nearly US$20 billion last year, up 26 percent over 2024, and the UK ranked fourth in inward direct investment into Hong Kong and sixth in outward direct investment from the city at the end of 2024. Lee also emphasized Hong Kong's role as a bridge between China and the world, highlighting the city's development into an international financial, shipping, and trade centre, as well as its status as an international innovation and technology centre.
He invited UK companies, investors, universities, and research institutions to explore opportunities in Hong Kong's Northern Metropolis, which is being developed as a key growth engine under the plan.
Brief written by urgent.news from RTHK News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
