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FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris (with photos/video)

HK

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris (with photos/video)
HK

HK

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris (with photos/video)

2024-05-24 22:02 Last Updated At:22:38

Exploring opportunities: fs joins economic cooperation conference in paris, featuring the guangdong-hong kong-macao greater bay area and europe (france) (exclusive photos and video)

Financial secretary, mr paul chan promotes business opportunities in guangdong-hong kong-macao greater bay area to european leaders at paris conference

The Financial Secretary, Mr Paul Chan, attended the Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris this afternoon (May 24, Paris time).

The Conference was jointly hosted by the People’s Government of Guangdong Province, the Hong Kong Special Administrative Region (SAR) Government, and the Macao SAR Government. The Governor of Guangdong Province, Mr Wang Weizhong; Mr Chan; and the Secretary for Social Affairs and Culture of the Macao SAR, Ms Ao Ieong U, gave keynote presentations to over 400 French and European leaders of the commercial and industrial sectors attending the event, to promote the enormous business opportunities brought by the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) for European businesses. The Chinese Ambassador to France, Mr Lu Shaye, and the Vice-President of the Society for the Encouragement of National Industry, Mr Gilles Henry Garault, also delivered speeches.

Mr Chan highlighted at the Conference Hong Kong's unique advantages of having convenient access to the Mainland market under "one country”, and the practice of common law; the free flow of capital, goods, people and information; the maintenance of a simple and low tax regime and the linked exchange rate; and commercial rules that align with the best international standards, etc. under “two systems”. Hong Kong is an ideal entry point for French enterprises to develop the GBA market, and an optimal springboard and platform for further developing businesses on the Mainland and in Asia.

Mr Chan said that Hong Kong, as an international financial centre, possesses a highly internationalised financial market, and has been deepening and expanding mutual market access with the Mainland's financial market. With a vibrant ecosystem of venture capital and private equity funds, Hong Kong is able to support the funding needs of French enterprises at different development stages. Apart from access to both Mainland and international capital, French enterprises can also utilise Hong Kong’s vast Renminbi (RMB) liquidity pool to raise RMB funding to support their business expansion in the Mainland. They can also leverage the offshore RMB products and risk management tools available in Hong Kong to manage the RMB funds acquired through trading activities.

Mr Chan also introduced the development of Hong Kong as an international innovation and technology centre, including Hong Kong's advantages in basic research and collaboration with the sister cities in the GBA, in particular the progress of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone. Furthermore, he highlighted Hong Kong’s efforts in the development as an international green tech and green finance centre, facilitation in efficient matching for international green capital and green projects in the region, and active participation in formulating international green standards, certification and nurturing relevant talent.

Hong Kong and France have long had deep exchanges in commerce and trade, culture and people. Hong Kong welcomes French enterprises to initiate businesses, set up research and development centres and regional headquarters. He also opined that the internationalised, safe and dynamic living environment of Hong Kong is highly attractive to French and European talent.

At the Conference, Mr Wang, Mr Chan and Ms Ao Ieong witnessed the signing of a Memorandum of Understanding by Invest Hong Kong and three French enterprises, namely Prophesee, SUEZ and Egis. Invest Hong Kong will provide support to the enterprises on stepping up investments and starting operations in Hong Kong.

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris  Source: HKSAR Government Press Releases

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris Source: HKSAR Government Press Releases

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris  Source: HKSAR Government Press Releases

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris Source: HKSAR Government Press Releases

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris  Source: HKSAR Government Press Releases

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris Source: HKSAR Government Press Releases

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris  Source: HKSAR Government Press Releases

FS attends Guangdong-Hong Kong-Macao Greater Bay Area and Europe (France) Economic and Trade Cooperation Conference in Paris Source: HKSAR Government Press Releases

Hksar government strongly rejects smearing comments on absconders and national security measures, stresses protection of human rights and law enforcement actions

In response to media enquiries about the smearing comments made by the United States and some western countries regarding the specification of absconders and specific measures applicable against them by the Secretary for Security in accordance with the Safeguarding National Security Ordinance recently, the Hong Kong Special Administrative Region (HKSAR) Government today (June 14) strongly disapproves of and rejects these comments.

The HKSAR Government spokesman said, "The legal framework in safeguarding national security in the HKSAR is fully in compliance with the international standard for the protection of human rights. The Hong Kong National Security Law and the Safeguarding National Security Ordinance clearly stipulate that human rights shall be respected and protected in safeguarding national security. The rights and freedoms, including the freedoms of speech, of the press and of publication, and the freedoms of association, of assembly, of procession and of demonstration, enjoyed by Hong Kong people under the Basic Law and the provisions of the International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and Cultural Rights as applicable to the HKSAR are protected in accordance with the law. Legislation that safeguards national security only targets a very small number of organisations and individuals that endanger national security."

The spokesman said, "Individuals endangering national security often abscond overseas to evade criminal liability, and continue to endanger national security through various means (e.g. colluding with external forces to exert pressure on the Central Authorities and the HKSAR Government, or setting up, outside the HKSAR, organisations endangering national security, etc.). The specified measures aim at addressing, combating, deterring and preventing acts of abscondment, and procuring the return of absconded persons to Hong Kong to face law enforcement and judicial proceedings. People with ulterior motives in the United States and some western countries deliberately smeared and spread irresponsible remarks in an attempt to mislead the public. The HKSAR Government strongly disapproves of such acts."

The spokesman stressed, "Absconders should not think they can evade criminal liability by absconding from Hong Kong. Ultimately, they will be liable for their acts constituting serious offences endangering national security and be sanctioned by the law."

"Amongst all, the measures under section 96 of the Safeguarding National Security Ordinance seek to regard the HKSAR passport of an absconder as being cancelled and the application for an HKSAR passport by the absconder as being invalid. In fact, all specified measures including the abovementioned one align with human rights requirements; and quite a number of countries including the United States, the United Kingdom and Canada would also impose such measures on wanted criminals. It is indeed a demonstration of hypocrisy with double standards by any external forces or people with ulterior motives that, after the HKSAR Government has announced the relevant measures, attack the HKSAR in safeguarding national security dutifully, faithfully and in accordance with the law."

The spokesman reiterated, "The Constitution and the Basic Law steadfastly safeguard the rights and freedoms enjoyed by Hong Kong people. Any attempt by foreign countries or external forces to undermine Hong Kong's situation will only expose their own weakness and faulty arguments and be doomed to fail. The HKSAR Government will continue to unwaveringly discharge its duty in safeguarding national security."

Source: AI-generated images

Source: AI-generated images

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