The global economic recovery is slower than expected and will remain challenging ahead, said Financial Secretary Paul Chan Mo-po in his blog.
The concerns come from escalated geopolitical tensions and ongoing high inflation rates, in addition to "higher for longer" interest rates and supply chain changes.
These were the focus for participating countries at the 2023 Annual Meetings of the International Monetary Fund and the World Bank Group in Morocco last week, which Chan attended as a member of China delegation.
During the meeting, Chan met some senior representatives of IMF and WB, central bank governors of other countries and senior directors of some financial institutes.
Besides introducing Hong Kong to them, Chan invited them to attend the GreenTech Summit and Green Week scheduled early next year.
Also at the same event, People's Bank of China Governor Pan Gongsheng said China will focus more on balancing economic growth and sustainable development in the future.
It means the world's second-largest economy aims at "reasonable growth" and seeks high-quality development, including more attention to consumption, innovation and green growth, according to Pan.
He also mentioned the mainland property sector is recovering and that local government debt risks are "manageable."
