Hong Kong's Financial Secretary showcases economic vision at World Economic Forum

Financial Secretary Paul Chan Mo-po introduced Hong Kong’s latest economic situation and development strategies to global business leaders during his trip to the World Economic Forum Annual Meeting in Davos, Switzerland.

Speaking at the 2025 Davos-Caixin CEO Luncheon on Tuesday (Davos time), Chan emphasized how the Special Administrative Region (SAR) can leverage its unique position as a bridge between the mainland and the global market under the one country, two systems principle.

“He emphasized Hong Kong's distinct advantages in collaborating with sister cities in the Guangdong-Hong Kong-Macao Greater Bay Area, attracting businesses and talent from around the world,” said the Financial Secretary's Office.

In a breakfast meeting earlier that day, Chan said the significant global funding gap in addressing climate change, urging countries to enhance collaboration and encourage private investments in green and transition projects. 

He positioned Hong Kong as a “leading green finance hub in Asia,” where financial institutions, professional services, and experts converge.

Chan also engaged in discussions with Daren Tang Heng Shim, Director-General of the World Intellectual Property Organization, to explore enhanced cooperation in intellectual property protection, institutional development, and talent training. 

He also met with Thani bin Ahmed Al Zeyoudi, the UAE's Minister of State for Foreign Trade, to discuss bilateral cooperation in finance and trade, and with Circle CEO Jeremy Allaire to learn about the company's business strategies in Asia.

At the 2025 Davos-Tencent Finance Vision Dinner on Tuesday evening, Chan reiterated Hong Kong’s role as a “super-connector” and “super value-adder,” emphasizing the city’s potential to create value and opportunities for global businesses and investors. 

He affirmed that Hong Kong is enhancing its status as an international financial and trade center while developing into a high-value-added supply chain service center and an international innovation and technology hub.

(Wallis Wang)