FS attends Summer Davos in Tianjin (with photos/video)
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Today, Mr Chan attended the Informal Gathering of World Economic Leaders at the Annual Meeting, where he exchanged views on the current international financial and trade landscape and developments with other attending international and regional leaders.
In the afternoon, Mr Chan participated as a keynote speaker in a discussion session on the economic and investment relationship and development prospects between the Middle East and North Africa (MENA) and China. He pointed out that Hong Kong can serve as a "super connector" in trade, investment, finance, and innovation and technology (I&T) between the country and MENA, including: (1) with the increasing popularity of trade settled in local currencies among economies in the region, Renminbi liquidity, the range of investment products and risk management tools, and custodian services can be enhanced to support the Renminbi investment and funding needs of countries in MENA; (2) as the region invests heavily in infrastructure and green transformation, Hong Kong can act as a financing centre for quality enterprises and projects; and (3) collaboration between I&T enterprises can help countries in the region achieve their development goals in various fields.
In the morning, Mr Chan, leading representatives from about 20 start-ups from the Hong Kong Science and Technology Parks Corporation, Cyberport and the Hong Kong Investment Corporation Limited, visited the Tianjin Binhai High-tech Industrial Development Area. They visited two enterprises in the area and held a roundtable meeting with about 30 Tianjin-based tech companies to discuss further co-operation directions and strategies between Tianjin and Hong Kong's innovation sectors, and promote exchanges and interface between enterprises of the two places, fostering collaboration and mutual benefits. The participating companies are engaged in various innovative fields, including artificial intelligence, big data, microelectronics, biomedicine, fintech, insurtech, robotics, smart energy, green technology, e-commerce and education technology.
During the roundtable meeting, Mr Chan said Hong Kong welcomes Tianjin's innovation and technology companies to leverage Hong Kong's platform for international expansion. He emphasised that enterprises can utilise Hong Kong's vibrant and comprehensive fundraising market and high-quality financial services to connect with global funds and investors. He also encouraged them to collaborate with Hong Kong's I&T enterprises to make use of Hong Kong's internationalised application scenarios and global business networks, thereby accelerating the pace of their international expansion.
In the evening, Mr Chan also met with Deputy Secretary of the Tianjin Municipal Committee Mr Liu Guiping where they had in-depth exchanges on strengthening co-operation in trade, finance, innovation and technology, and tourism between Tianjin and Hong Kong. Meanwhile, Mr Chan also met with the Mayor of Xi'an, Mr Ye Niuping, who was attending the Annual Meeting, to exchange views on further fostering co-operation between the two places.
Mr Chan will continue to attend Summer Davos in Tianjin tomorrow (June 25) and will proceed to Beijing in the evening.
Ends/Tuesday, June 24, 2025
Issued at HKT 20:56
Issued at HKT 20:56
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