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FS calls on central ministries and commissions and visits AI enterprise in Beijing (with photos)
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     The Financial Secretary, Mr Paul Chan, began his visit to Beijing today (October 23). In the morning, he called on the China Securities Regulatory Commission and met with its Chairman, Mr Wu Qing. The two sides had a detailed exchange of views on strengthening collaboration between the Mainland and Hong Kong in securities market regulation and development, as well as further deepening mutual market access. The Chief Executive Officer of the Securities and Futures Commission, Ms Julia Leung, also attended the meeting.

     In the afternoon, Mr Chan called on the Ministry of Commerce (MOC) and met with Assistant Minister of Commerce Mr Yuan Xiaoming, to exchange views on further deepening economic and trade co-operation between the Mainland and Hong Kong. The Secretary for Commerce and Economic Development, Mr Algernon Yau, accompanied Mr Chan at the meeting.

     In the presence of Mr Chan and Mr Yuan, Mr Yau signed a Memorandum of Understanding (MOU) on strengthening the economic and trade co-operation between the Mainland and Hong Kong with the Director-General of the Department of Taiwan, Hong Kong and Macao Affairs of the MOC, Mr Sun Yi, and an MOU on strengthening the exchanges and co-operation with free trade zones and ports with the Director-General of the Department of Pilot Free Trade Zone and Free Trade Port of the MOC, Ms He Yongqian, respectively, under the mechanism of the Mainland and Hong Kong Economic and Trade Co-operation Committee.

     Through the signing of the MOUs, the Hong Kong Special Administrative Region (HKSAR) Government and the MOC will further strengthen exchanges and co-operation between the Mainland and Hong Kong in key economic and trade areas, and deepen the alignment of the Mainland's pilot free trade zones and free trade port with Hong Kong, fully leveraging their respective advantages, jointly serving the country's high-level opening-up and bringing economic and trade co-operation between the Mainland and Hong Kong to new heights.

     Mr Chan thanked the MOC for its continuous strong support for the HKSAR Government's efforts to promote Hong Kong's economic and trade development. He said that the HKSAR Government will leverage the advantages of Hong Kong's internationalised business environment, professional services system and global resources network to further give full play to Hong Kong's dual roles as a "super connector" and a "super value-adder", enhance its competitiveness and international influence, and consolidate its status as an international trade centre, while contributing to the country's high-quality economic development.

     The Chief Executive announced in the 2026 Policy Address that, following the signing in 2024 of an amendment agreement to further open up the services market of the Mainland under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), the two sides will sign an MOU to continue jointly pursuing the comprehensive upgrade of CEPA, with a view to deepening co-operation between the service sectors of Hong Kong and the Mainland, as well as further expanding Mainland market access and areas of liberalisation.

     In the afternoon, Mr Chan also visited an artificial intelligence company and met with its senior management

     Mr Chan will depart for Hong Kong tomorrow (October 24) morning.
 
Ends/Friday, October 23, 2026
Issued at HKT 17:50
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The Financial Secretary, Mr Paul Chan, began his visit to Beijing today (October 23). Photo shows Mr Chan (left) meeting with the Chairman of the China Securities Regulatory Commission, Mr Wu Qing (centre). Looking on is the Chief Executive Officer of the Securities and Futures Commission, Ms Julia Leung (right).
The Financial Secretary, Mr Paul Chan, began his visit to Beijing today (October 23). Photo shows Mr Chan (left) meeting with the Chairman of the China Securities Regulatory Commission, Mr Wu Qing (right).
The Financial Secretary, Mr Paul Chan, began his visit to Beijing today (October 23). Photo shows the Secretary for Commerce and Economic Development, Mr Algernon Yau (front row, left), and the Director-General of the Department of Taiwan, Hong Kong and Macao Affairs of the Ministry of Commerce, Mr Sun Yi (front row, right), signing a Memorandum of Understanding on strengthening the economic and trade co-operation between the Mainland and Hong Kong, as witnessed by Mr Chan (back row, left) and Assistant Minister of Commerce Mr Yuan Xiaomin (back row, right).
The Financial Secretary, Mr Paul Chan, began his visit to Beijing today (October 23). Photo shows the Secretary for Commerce and Economic Development, Mr Algernon Yau (front row, left), and the Director-General of the Department of Pilot Free Trade Zone and Free Trade Port of the Ministry of Commerce, Ms He Yongqian (front row, right), signing a Memorandum of Understanding on strengthening the exchanges and co-operation with free trade zones and ports, as witnessed by Mr Chan (back row, left), and Assistant Minister of Commerce Mr Yuan Xiaomin (back row, right).
The Financial Secretary, Mr Paul Chan, began his visit to Beijing today (October 23). Photo shows Mr Chan (second right) meeting with Assistant Minister of Commerce Mr Yuan Xiaomin (first right) to exchange views on deepening economic and trade co-operation between the Mainland and Hong Kong. Looking on are the Secretary for Commerce and Economic Development, Mr Algernon Yau (second left), and the Deputy Director of the Office of the Hong Kong Special Administrative Region Government in Beijing, Mr Enoch Yuen (first left).