The Financial Secretary, Mr Paul Chan, continues his visit in Malaysia today (March 28).

     In the morning, Mr Chan called on Deputy Prime Minister and Minister for Plantation and Commodities of Malaysia, Mr Fadillah Yusof, and updated him on the latest situation and development opportunities of Hong Kong. Mr Chan said at the meeting that Hong Kong is an international financial, trade, shipping and innovation and technology centre, and situated in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) which is a market of high consumption power with a population of 87 million. Mr Chan welcomed Malaysian enterprises to make use of the high value-added services and fundraising platform of Hong Kong to open up a larger market and explore greater business opportunities.

     Mr Chan then made a keynote speech at the Universiti Malaya and briefed undergraduate and postgraduate students at the university about the latest developments and directions of Hong Kong and the GBA. Mr Chan said Hong Kong, being a place with highly developed financial services; excellent quality of research and development and a vibrant ecosystem of innovation and technology (I&T); many massive infrastructure projects being in the pipeline; and where Chinese and Western cultures meet, is full of opportunities.  A city with diverse and colourful cosmopolitan life, Hong Kong conveniently connects the GBA, other parts of the Mainland and different places in the world, and has deep economic and cultural ties with Malaysia. He welcomes Malaysian students to explore opportunities in Hong Kong, which is an ideal place for developing careers and new lives. 

     Mr Chan attended a luncheon with the Minister for Science, Technology and Innovation of Malaysia, Mr Chang Lih Kang, upon the latter's invitation. They exchanged views on the I&T and economic development. In the afternoon, Mr Chan also met with the Deputy Minister of International Trade and Industry of Malaysia, Mr Liew Chin Tong. Both sides wish to further foster bilateral economic and trade ties. Hong Kong will make greater contributions to the co-operation and development of the region, including the ASEAN regions, by joining the Regional Comprehensive Economic Partnership.

     Mr Chan has proceeded to Singapore for visit in the evening.

Ends/Tuesday, March 28, 2023
Issued at HKT 20:30

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