Head of China’s state assets watchdog calls for enhanced mechanism for closer cooperation with Hong Kong to help with city’s development
- Zhang Yuzhuo, chairman of State-owned Assets Supervision and Administration Commission, says body is willing to enhance cooperation mechanism with city
- Chief Executive John Lee expresses wish to deepen cooperation with commission in various national development plans
A key mainland Chinese official supervising the central government’s state-owned assets has called for a mechanism for closer cooperation with Hong Kong in guiding enterprises to contribute to the city’s development.
He said state-owned enterprises in Hong Kong in recent years had upheld the “one country, two systems” guiding principle “fully, faithfully and resolutely”, adding the ministerial-level body he led hoped for further cooperation with the city.
Zhang said the commission was “willing to enhance its exchange and cooperation mechanism with Hong Kong, guide and promote state-owned enterprises in combining their strengths with the needs of the country and the advantages of Hong Kong, and deepening and consolidating their cooperation with Hong Kong”, according to a statement issued by Lee’s office on Thursday.
