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Hong Kong to sign agreements for three projects worth US$450 million at Beijing belt and road forum hosted by President Xi Jinping
- Chief Executive John Lee says agreements part of drive to strengthen city’s role in China’s international trade strategy
- Lee is leading 70-strong delegation of top politicians and business figures to the two-day forum, first of its kind since 2019
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Hong Kong is poised to sign three agreements for projects worth a total of US$450 million at the Belt and Road Forum for International Cooperation in Beijing this week, the city’s leader has said.
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Chief Executive John Lee Ka-chiu revealed the city’s delegates would commit to the projects, which have not been identified, at the CEO Conference session of the forum on Tuesday, the first day of the meeting.
Lee said at the airport on Monday as he prepared to fly to Beijing that the agreements were part of an effort to strengthen the city’s role in the international trade strategy.
“Hong Kong is an active participant, contributor and beneficiary in building the functional platform and important points of the Belt and Road Initiative,” Lee explained.
“We also have great conditions to intensify the belt and road developments.”
But he did not give further details of the projects and it is not yet clear which sectors and countries are involved.
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