Search

Product Description

    News: 2024.03.23

    Paul Chan talks about fighting the economy, consolidating financial resources from Europe and the United States and expanding funds from the Middle East

    After enacting Article 23, the government emphasized the need to "fight for the economy and seek development." Yesterday, Financial Secretary Paul Chan Mo-po was interviewed by the Commercial Channel program "Politics and Economics Saturday" and was asked how to implement this goal in detail. He said that in addition to continuing to work hard in finance, he will also actively expand financial resources in Europe and the United States and seek financial support from the Middle East.

    Chan Mo-po pointed out that as an international financial center, Hong Kong has unique advantages and can attract more European and American capital inflows. He emphasized that the government will actively promote financial innovation, enhance the competitiveness of the financial market, and inject new impetus into Hong Kong's economy.

    Expanding funds in the Middle East

    In addition to European and American financial resources, Chen Maobo also mentioned the importance of Middle Eastern funds. He said that the Middle East has huge capital reserves and is of great significance to Hong Kong's economic development. Therefore, the government will actively expand cooperation with Middle Eastern countries and attract more Middle Eastern funds to invest in Hong Kong.

    Financial innovation drives economic development

    Chen Maobo said that financial innovation is the key to promoting economic development. The government will support the development of the financial technology industry and encourage financial institutions to cooperate with technology companies to jointly create a more competitive financial ecosystem.

    Conclusion

    Overall, Chen Moobo emphasized the government's commitment and efforts towards economic development. By expanding financial resources from Europe, the United States and the Middle East, and promoting financial innovation, Hong Kong will lay a more solid foundation for future development and achieve a more prosperous tomorrow.