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Monday, Dec 05, 2022

Finance Minister expresses confidence in HK’s economic fundamentals  

Finance Minister expresses confidence in HK’s economic fundamentals  

Hong Kong's Finance Minister said today that Hong Kong still maintains strong economic fundamentals and is confident that the city is full of opportunities under the Greater Bay Area plan and China's national economic development.
In his speech delivered at the Asian Logistics, Maritime and Aviation Conference on Tuesday, Financial Secretary Paul Chan Mo-po said the global economy is facing challenges due to the epidemic, geopolitical, and trade competition factors, which Hong Kong, as a part, is also significantly affected by.

However, he touted that Hong Kong still enjoys its strong economic fundamentals, as it will be in line with China's 14th Five-Year Plan and the construction of the Greater Bay Area.

"I believe the future of Hong Kong remains very promising," Chan said.

He also pointed out that Hong Kong was actively seeking regional economic partners, citing Hong Kong looking to join the Regional Comprehensive Economic Partnership.
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