FS begins visit to Washington, DC (with photos/video)
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Upon his arrival in Washington, Mr Chan held meetings with senior officials of the International Monetary Fund (IMF) and the World Bank Group (WBG). He met with the IMF team responsible for conducting the Article IV Consultation on Hong Kong, during which he provided a detailed account of Hong Kong’s current economic and fiscal conditions, as well as its development directions. Both sides also exchanged views on the outlook for the global economy and financial system.
Then, Mr Chan paid a courtesy call on the Managing Director and Chief Administrative Officer of the WBG, Mr Zhang Wencai. They discussed opportunities for enhancing co-operation and exchanged views on regional development issues.
In the evening, Mr Chan attended a roundtable dinner hosted by the Hong Kong Economic and Trade Office in Washington. At the event, he briefed representatives from major United States (US) business chambers, think tanks and consultancy firms etc. on Hong Kong’s business environment and latest developments, and engaged in discussions on the future of Hong Kong–US economic and trade relations.
Mr Chan will attend the Annual Meetings of the IMF and WBG in Washington today (October 17, Washington time).
Note: The Article IV Consultation is a regular economic assessment conducted by the IMF pursuant to Article IV of its Articles of Agreement. It entails a comprehensive analysis of a member’s macroeconomic conditions, fiscal and monetary policies, financial stability and structural reforms. A report will be published subsequent to the analysis. In its report published earlier this year, the IMF reaffirmed Hong Kong’s status as an international financial centre and recognised the resilience of its financial system, underpinned by a robust institutional framework, ample policy buffers, and the smooth functioning of the Linked Exchange Rate System.
Ends/Friday, October 17, 2025
Issued at HKT 12:05
Issued at HKT 12:05
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