FS continues visit to Milan, Italy (with photos/video)
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Mr Chan spoke at the Governors' Plenary, which focused on promoting regional economic integration in the Asia-Pacific through digital transformation. He noted that digital transformation is accelerating at an unprecedented pace; however, the region is facing a digital divide, and the trade war is likely to extend into the technology sector, thereby exacerbating digital fragmentation. ADB members should work together to address these challenges and strengthen co-operation on digitalisation. Mr Chan shared Hong Kong, China's strategy and action plan for digital transformation, which includes advancing digital infrastructure, facilitating digital transformation and cross-boundary data flow, and nurturing talent. He also introduced Hong Kong's strategy to use artificial intelligence (AI) to empower digital development and support small and medium-sized enterprises in their digital transformation.
Mr Chan urged ADB members to collaborate on enhancing digital governance and nurturing talent. Hong Kong, China, is willing to share its experiences and technological solutions with other members to seize the vast opportunities presented by digital transformation and promote sustainable development in the region.
Meanwhile, Mr Chan also met with Mr Masato Kanda yesterday. They exchanged views on the international economic landscape and regional development issues. Mr Chan stated that Hong Kong, China supports the ADB's work and is willing to share its experiences in areas such as financial innovation, infrastructure financing, green finance as well as innovation and technology (I&T). He also emphasised the importance of strengthening personnel training and exchanges with the ADB.
Yesterday, Mr Chan also met with the First Deputy Minister of Economy and Finance of Uzbekistan, Mr Ilhom Norqulov, and the Chairman of the State Committee on Investments and State Property Management of Tajikistan, Mr Sulton Rahimzoda, respectively. They discussed promoting mutual co-operation. Mr Chan noted that as an international financial centre, Hong Kong can effectively match funds with infrastructure projects in both countries, provide relevant professional services and support the operation of projects. Moreover, there is significant potential for co-operation in I&T. Mr Chan invited delegations from both countries to visit Hong Kong to connect with local industries and explore collaboration opportunities.
Mr Chan will depart for Hong Kong today (May 7, Milan time) and arrive on May 8 morning (Hong Kong time).
Ends/Wednesday, May 7, 2025
Issued at HKT 9:00
Issued at HKT 9:00
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