Paul Chan to attend World Economic Forum annual meeting in Switzerland

Financial Secretary Paul Chan Mo-po will fly to Davos, Switzerland on Sunday night to attend the World Economic Forum (WEF) Annual Meeting taking place from Monday to Friday (Jan 15-19). 

During the WEF Annual Meeting, Chan will attend and speak at several keynote meetings, luncheons and dinners. He will also meet with political, business and financial leaders. 

“Current geopolitical situation remains tense, with protectionism and decoupling sentiments rising high in individual countries. With an uneven pace of post-epidemic recovery and growth, global economic outlook still faces many uncertainties,” Chan said. 

“At such a time, countries should join hands to promote a more resilient global development, respond to imminent challenges such as climate change, and make development more equitable and inclusive.” 

Chan also said he and the Hong Kong team will introduce the new advantages and measures in promoting the development of industries and encourage businesses to establish a foothold and invest in the SAR. 

Secretary for Commerce and Economic Development Algernon Yau Ying-wah will participate in certain parts of the program. 

Other members of the Hong Kong team include Airport Authority chairman Jack So Chak-kwong, chairwoman of the Hong Kong Exchanges and Clearing Laura Cha Shih May-lung, and MTR Corp CEO Jacob Kam Chak-pui. 

Chan will return to Hong Kong on January 20. During his absence, Deputy Financial Secretary Michael Wong Wai-lun will be the Acting Financial Secretary.