Hong Kong’s Financial Secretary to Visit Tianjin and Beijing for Key Economic Meetings
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Hong Kong’s Financial Secretary, Paul Chan, is set to depart on June 23 for visits to Tianjin and Beijing, where he will participate in high-level economic forums and engage with key officials. The visits underscore Hong Kong’s commitment to fostering innovation, technology, and international collaboration in a rapidly evolving global landscape.
Tianjin: World Economic Forum Annual Meeting of the New Champions 2025
From June 23 to 25, Mr. Chan will lead a delegation from Hong Kong’s innovation and technology (I&T) sector to the World Economic Forum Annual Meeting of the New Champions 2025, also known as Summer Davos. The delegation includes senior executives from organizations such as the hong Kong Science and Technology Parks Corporation,Cyberport,and the Hong Kong Investment Corporation Limited. Startup leaders specializing in artificial intelligence, biomedicine, green energy, and aerospace will also be present.
The Annual Meeting, themed “Entrepreneurship for a New Era,” will gather approximately 1,700 participants from over 90 countries and regions. Discussions will center on how entrepreneurship and innovation can stimulate economic growth amid geopolitical and economic shifts. Chan is scheduled to participate in thematic sessions, delivering speeches and engaging in discussions. The delegation will also participate in I&T exchange sessions and business matching activities.
did You know? The world Economic Forum estimates that AI could contribute $15.7 trillion to the global economy by 2030. PwC
While in tianjin, Mr. Chan will meet with officials from Central authorities, Tianjin leaders, and political and business figures from other regions to discuss Hong Kong’s latest developments and opportunities.
Beijing: Asian Infrastructure Investment Bank (AIIB) Annual Meeting
from June 25 to 26, Mr. Chan will travel to Beijing to attend the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). He will meet with other Governors and officials from relevant Central Authorities.
The Secretary for Financial Services and the Treasury, Christopher Hui, will also be in Beijing to participate in some activities of the AIIB’s Board of Governors Annual meeting.
Pro Tip: understanding the AIIB’s investment strategy is crucial for businesses seeking opportunities in Asian infrastructure projects.
Leadership Transition
Mr.Chan will return to Hong Kong on the evening of June 26. During his absence, the Deputy Financial Secretary, Michael Wong, will serve as Acting Financial Secretary. Similarly, during Mr. Hui’s absence, the Under secretary for Financial Services and the Treasury, Joseph Chan, will be Acting Secretary for Financial Services and the Treasury.
Hong kong’s Strategic Focus
These visits highlight Hong Kong’s strategic focus on strengthening its position as a global hub for innovation, technology, and finance. By participating in key international forums and engaging with influential leaders,Hong Kong aims to drive economic growth and create new opportunities for its businesses and citizens.
| Location | Dates | Event/Purpose |
|---|---|---|
| Tianjin | June 23-25, 2025 | World Economic Forum Annual Meeting of the New Champions 2025 |
| Beijing | June 25-26, 2025 | 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) |
Evergreen Insights: Hong Kong’s Role in Global Finance and Technology
Hong Kong has long been a vital gateway between East and West, leveraging its strategic location, robust financial infrastructure, and skilled workforce.The city’s commitment to innovation and technology is evident in its growing startup ecosystem and investments in research and development. As global economic dynamics shift, Hong Kong continues to adapt and evolve, seeking new opportunities for growth and collaboration.
Frequently Asked Questions
- What impact will these visits have on Hong Kong’s economy?
- These visits are expected to strengthen Hong Kong’s ties with key economic partners and attract investment in strategic sectors such as technology and infrastructure.
- How can businesses in Hong Kong benefit from these international engagements?
- Businesses can leverage these engagements to explore new markets, forge partnerships, and access funding opportunities.
What are your thoughts on Hong Kong’s role in the future of global innovation? Share your comments below!
How can Hong Kong further strengthen its position as a leading financial and technology hub?
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