Hong Kong Financial Secretary Paul Chan Mo-po Discusses Budget and Economic Outlook

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2024-01-21 HKT 10:36

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• Paul Chan: The budget fully takes into account the public financial situation and strives to introduce appropriate balancing measures

Financial Secretary Paul Chan Mo-po said that in the face of various external uncertainties, Hong Kong, as a small and fully open economy, will inevitably face certain challenges in the short term. When preparing a new Budget, he will We will continue to pay close attention to the latest developments in the economic situation, and strive to introduce appropriate and balanced measures while fully taking into account the public financial situation, striving to maintain Hong Kong’s economic vitality while strengthening public confidence in the economic prospects.

Chan Mo-po published a blog, mentioning that he had just concluded his trip to the World Economic Forum Annual Meeting in Davos, Switzerland, and achieved the expected goals, including meeting with Secretary for Commerce and Economic Development Yau Ying-wah, the Hong Kong Stock Exchange, the Airport Authority, the MTR Corporation and others. Members of the “Hong Kong Team” work together to tell the story of Hong Kong. In addition, we also expanded our circle of friends in Hong Kong and met with political and business representatives from many countries, laying a solid foundation for more in-depth exchanges and cooperation in the future.

In terms of attracting investment and exploring new markets in the future, Paul Chan said that the political and business leaders he met during this trip came from large multinational companies, unicorn companies in the innovation and technology sector, international financial institutions, etc. In addition to introducing Hong Kong’s various advantages to them, he also invited them to We believe that we can attract them to settle in Hong Kong and invest in Hong Kong to make their business bigger and stronger.

2024-01-21 02:36:00
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