Paul Chan set to attract US enterprises doing business in HK amid APEC meetings

Financial Secretary Paul Chan Mo-po said on Sunday that he hopes to attract American companies to develop business in Hong Kong during his San Francisco trip when attending the Asia-Pacific Economic Cooperation (APEC) meetings.

Chan departed for the United States yesterday (Nov 11) to attend the APEC Finance Ministers' Meeting in San Francisco. He will also attend the APEC Economic Leaders' Meeting and other related events on behalf of Chief Executive John Lee Ka-chiu starting this Wednesday.

The financial chief said he hopes to brief foreign leaders about the new opportunities in the city, such as finance and innovation technology development, while gaining a better understanding of the development situation, strategies, and global economic changes of different economies to make more friends.

Chan plans to visit US enterprises and meet with commercial sector leaders to introduce Hong Kong's business environment and measures for luring enterprises and talents, as well as the business opportunities and potentials of the Greater Bay Area and the mainland.

He added that Hong Kong will host the Hong Kong Monetary Authority-Bank of International Settlements High-Level Conference and the inaugural PRIORITY Asia Summit in November and December, respectively, showing the city as a bridge connecting China and the world under the One Country, Two System. 

Chan said that internationalization is Hong Kong's advantage and is also in the city's DNA, aiming to expand this advantage and its circle of friends.