Advertisement

Hong Kong now in ‘golden window for development’ with quick revival of economic activities, finance chief Paul Chan says

  • Financial secretary recalls recent trip to mainland where he says university students are eager to forge careers in city
  • He touts overall ‘positive atmosphere’, pointing to accelerated pace of economic activities and return of city’s transport edge in global supply chain

Reading Time:2 minutes
Why you can trust SCMP
2
Financial Secretary Paul Chan (left) visits Peking University Guanghua School during his recent four-day trip to Beijing. Photo: Financial secretary blog

Hong Kong is now in a “golden window for development” as economic activities are recovering at an accelerated pace, according to the city’s finance minister.

Advertisement
Financial Secretary Paul Chan Mo-po on Sunday said in his official blog that the city’s edge as a regional hub had returned with the resumption of global transport capacity.
“Hong Kong enjoys favourable timing, geographical location, and social harmony, and is now in a golden window for development,” he said. “After the pandemic, economic activities in different sectors are recovering at an accelerated pace and the overall atmosphere is positive.”
Financial Secretary Paul Chan starts a fundraising walk organised by Lingnan University. Photo: Elson Li
Financial Secretary Paul Chan starts a fundraising walk organised by Lingnan University. Photo: Elson Li

He also pointed to his recent four-day trip to Beijing, where he attended meetings with various mainland Chinese departments and visited local universities to encourage students to explore career opportunities in the city.

Chan said he noted that even though the Covid-19 pandemic had hindered exchanges between Hong Kong and the mainland, various industry actors across the border had closely tracked developments in the city to offer support, explore new measures and optimise existing ties.

Chan added that the meetings had given his team a better understanding of the economic and financial conditions on the mainland, while allowing them to learn more about latest developments and develop ideas for relevant policies.

Advertisement

The finance chief recalled, in particular, his visit to Peking University, where he met more than 400 people and gave a speech on Hong Kong’s appeal. He said the exchange session received a positive response as all seats in the lecture hall were filled, while the atmosphere was “relaxed and enthusiastic”.

Advertisement