Chan Maobo: Hong Kong accelerates the development into a global high-value-added supply chain management hub

Mars Finance News, May 3 — On May 3, Hong Kong SAR Financial Secretary Paul Chan Mo-po published a blog today saying that Hong Kong is accelerating efforts to build itself into a global high-value-added supply chain management center. Chan Mo-po said that from building data-driven, more efficient smart ports, to opening up more innovative trade financing channels, and providing high-value-added professional services such as legal, accounting, and ESG (environmental, social and corporate governance) consulting, Hong Kong’s goal is to continuously enrich the connotation of its international trade center, attract more domestic and overseas enterprises to establish international or regional headquarters and treasury centers in Hong Kong, and further promote Hong Kong’s economic development.

He emphasized that as an international trade hub, Hong Kong is seeing new room for growth and development opportunities emerging one after another, and that both “quantity” and “quality” are being improved in tandem. He also said that Hong Kong is fully advancing a development strategy in which “AI+” and “Finance+” mutually reinforce each other, accelerating the upgrading and transformation across industries and sectors, strengthening Hong Kong’s economic momentum and resilience, and better responding to potential unfavorable factors.

Chan Mo-po stated that under the country’s “14th Five-Year Plan,” Hong Kong is pushing ahead at full speed with building a modern industrial system, promoting the deep integration of technological innovation and industrial innovation, advancing the industrial structure toward intelligent, green and integrated development, and achieving deeper complementary division of labor with the region’s production, supply and industrial chains. In serving the needs of the country by leveraging its own strengths, Hong Kong is better playing its own role. (China News Service)