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FS commences visit to Beijing (with photos)
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     The Financial Secretary, Mr Paul Chan, today (November 20) started his visit to Beijing.
      
     Joined by the Secretary for Financial Services and the Treasury, Mr James Lau, and the Commissioner for Innovation and Technology, Ms Annie Choi, Mr Chan met with the Vice Minister of the Ministry of Science and Technology (MOST), Mr Xu Nanping.  He pointed out that the HKSAR Government would continue to allocate resources and create a conducive environment for innovation and technology (I&T) development, thereby making I&T a new driving force of Hong Kong’s economy.  He also introduced HKSAR Government’s initiatives to promote I&T development, including the additional tax deductions for research and development expenditure announced in the Policy Address, the Innovation and Technology Venture Fund launched in September this year, as well as the Hong Kong/Shenzhen Innovation and Technology Park on the Lok Ma Chau Loop.
      
     Mr Chan thanked the MOST for its support to Hong Kong’s I&T development all along, and looked forward to closer co-operation with the MOST on various fronts.
        
     Later, Mr Chan and Mr Lau, together with the Chief Executive of the Hong Kong Monetary Authority, Mr Norman Chan, and the Permanent Secretary for Financial Services and the Treasury (Financial Services), Mr Andrew Wong, paid a courtesy call on the Director of the Hong Kong and Macao Affairs Office of the State Council, Mr Zhang Xiaoming.  Mr Chan introduced to him the latest situation of the Hong Kong economy, and both parties exchanged views on issues of mutual concern.
      
     Earlier today, Mr Chan also met with representatives of the China International Capital Corporation Limited and Xiaomi Corporation.

     Tomorrow (November 21), Mr Chan will continue his visit in Beijing.
    
 
Ends/Monday, November 20, 2017
Issued at HKT 20:31
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Photo

The Financial Secretary, Mr Paul Chan (second right), today (November 20) meets with the Vice Minister of the Ministry of Science and Technology, Mr Xu Nanping (first left). Mr Chan was joined by the Secretary for Financial Services and the Treasury, Mr James Lau (first right), and the Commissioner for Innovation and Technology, Ms Annie Choi (third right).
The Financial Secretary, Mr Paul Chan (left), today (November 20) meets with the Director of the Hong Kong and Macao Affairs Office of the State Council, Mr Zhang Xiaoming.