Paul Chan to visit Australia to foster investment

Financial Secretary Paul Chan Mo-po is scheduled to visit Australia this week to enhance bilateral ties and foster cooperation. He will seek to facilitate exploring business prospects in emerging industries and green technology.

In his most recent weekly blog post on Sunday, the financial chief noted that it has been six years since his previous visit to Australia. He will participate in various exchange activities in Sydney and Melbourne, during which he will present the latest development advantages and potential of Hong Kong.

Chan said he will engage with biomedical technology, new energy and other industries to foster investment attraction and advance collaborative research and development in green technology.

He would also promote Hong Kong's international air network for cargo and the efficient clearance processes to capitalize on the city's air cargo transshipment hub status for the most cost-effective distribution and transshipment center for high-value products.