John Lee and Pan Gongsheng Discuss Strengthening Hong Kong's Role as a Global Financial Hub – bastillepost.com


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CE meets Governor of People’s Bank of China
The Chief Executive, Mr John Lee, met with the Governor of the People’s Bank of China, Mr Pan Gongsheng, today (July 6) to exchange views on economic and financial issues. The Financial Secretary, Mr Paul Chan, and the Secretary for Financial Services and the Treasury, Mr Christopher Hui, also attended the meeting.
Mr Lee welcomed Mr Pan and his delegation to Hong Kong. Mr Lee said that the National 15th Five-Year Plan supports Hong Kong in consolidating and enhancing its status as an international financial centre, strengthening its functions as a global offshore Renminbi (RMB) business hub, an international asset and wealth management centre, and an international risk management centre, as well as building a commodity trading ecosystem. The Hong Kong Special Administrative Region (HKSAR) Government is pressing ahead at full speed with the preparation of Hong Kong’s First Five-Year Plan to proactively seize the major opportunities brought by the National 15th Five-Year Plan, and promote its high-quality development as an international financial centre. The HKSAR Government will continue to leverage Hong Kong’s unique advantages of having strong support of the motherland and being closely connected to the world under the “one country, two systems” principle, continue to promote a mutual market access regime between Hong Kong and Mainland financial markets, facilitate the two-way flow of capital between the two places, and further enhance the competitiveness of Hong Kong as an international financial centre.
Mr Lee said that Hong Kong is one of the top three international financial centres in the world, and is also the world’s largest offshore RMB business hub and the world’s largest cross-boundary wealth management centre. With the country’s support, Hong Kong has steadily expanded its offshore RMB business and continuously enriched the RMB product ecosystem. Hong Kong will continue to deepen collaboration with the Mainland and spare no effort in facilitating more efficient circulation of RMB funds in the offshore market and serving the country’s prudent and solid advancement of RMB internationalisation.
Mr Lee said that the HKSAR Government is now striving to build an international gold trading market in Hong Kong, including the establishment of the Hong Kong gold central clearing system, to attract the storage, clearing and delivery of physical gold in Hong Kong, drive the development of related services such as trading, risk management, insurance, warehousing and logistics, and gradually build a comprehensive gold trading ecosystem. The HKSAR Government will continue to work with relevant Mainland authorities and the industry to take forward relevant work, improve the infrastructure of and support for Hong Kong’s gold market, inject new impetus into the diversified development of the financial market, and thereby contribute to the development of the country as a financial powerhouse.
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HKETO Berlin sponsors Berlin CityCup dragon boat races
The Hong Kong Economic and Trade Office in Berlin (HKETO Berlin) sponsored the 27th Berlin CityCup dragon boat races held on July 4 (Berlin time).
The Acting Director of HKETO Berlin, Mr Billy Leung, said that the race gathered paddlers from different cultural backgrounds. HKETO Berlin staff and Hong Kong people in Germany formed a team, the “Hong Kong Waverunners”, with German paddlers, which serves as an example of fostering friendly people-to-people exchanges between Hong Kong and Germany.
Mr Leung also highlighted that Hong Kong would host the next edition of International Dragon Boat Federation World Dragon Boat Racing Championships. As an attractive tourist destination with a variety of international cultural and sports mega events taking place throughout the year, Hong Kong offers visitors a multitude of enchanting experiences.
To showcase Hong Kong’s unique advantages and dynamic developments, HKETO Berlin set up a booth to promote work and study opportunities in Hong Kong. Visitors were introduced to the “Study in Hong Kong” brand, talent attraction schemes, and mega events to be held in Hong Kong during the second half of the year.
About HKETO Berlin
HKETO Berlin is the official representative of the Hong Kong Special Administrative Region Government in commercial relations and other economic and trade matters in Germany as well as Austria, Czechia, Hungary, Poland, the Slovak Republic, Slovenia and Switzerland.
HKETO Berlin sponsors Berlin CityCup dragon boat races Source: HKSAR Government Press Releases
HKETO Berlin sponsors Berlin CityCup dragon boat races Source: HKSAR Government Press Releases
HKETO Berlin sponsors Berlin CityCup dragon boat races Source: HKSAR Government Press Releases
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