Hong Kong aims to show top investors it means business with high-level summit, Rugby Sevens matches and mainland China visits
- Financial Secretary Paul Chan expresses confidence the city’s situation will be much improved by the end of the year
- He also says Hong Kong will seek to drive economic growth by investing in the technology sector
Hong Kong will seek to promote itself as a vibrant commercial hub by inviting up to 200 top foreign investors to attend a summit, watch rugby games and visit mainland China in November, the city’s finance chief has revealed.
Financial Secretary Paul Chan Mo-po on Wednesday also said the city would seek to drive economic growth by investing in the technology sector.
Hong Kong is in the grip of an explosive fifth wave of coronavirus infections, reporting more than 1 million cases and over 6,000 deaths since January. It confirmed another 12,240 cases on Wednesday.
The government this week announced plans to ease some of the most stringent anti-pandemic measures in the world.
A flight ban imposed on nine countries, including the United States and Britain, will be lifted on April 1, although travellers will still need to quarantine for at least a week and only residents can gain entry to the city unless they are arriving from the mainland, Macau or Taiwan.
The government has given no timeline on when it will reopen the border for all travellers. Since 2020, the city’s border with the mainland has also been closed.
But in an interview with RTHK, Chan expressed confidence the situation would be much improved by the end of the year.
