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Paul Chan Highlights Hong Kong's Role in Sustainable Finance at APEC Finance Ministers' Meeting in Lima

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Paul Chan Highlights Hong Kong's Role in Sustainable Finance at APEC Finance Ministers' Meeting in Lima

2024-10-22 10:05 Last Updated At:20:07

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video)

​The Financial Secretary, Mr Paul Chan, continued his attendance at the APEC Finance Ministers' Meeting (FMM) in Lima, Peru, yesterday (October 21, Lima time).

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FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

This year's APEC FMM takes the theme of "Sustainable + Digital + Resilient = APEC." During various discussions, Mr Chan spoke on topics including global and regional economic and financial outlooks, sustainable finance, sustainable infrastructure, digital finance, and enhancing resilience against climate change.

In the session on global and regional economic and financial outlooks, Mr Chan shared the latest economic situation in Hong Kong and reiterated Hong Kong's firm support for rules-based free trade and multilateralism. As a "super connector," Hong Kong plays a bridging role between traditional and emerging markets, promoting the regional digital economy and innovative technology for better collective development.

In the discussion session on sustainable finance and infrastructure, Mr Chan highlighted Hong Kong's functions as an international financial centre, facilitating the effective matching of funds with green and infrastructure projects. Through financial innovation and cooperation with international institutions, Hong Kong has been able to securitise infrastructure loans from various countries and issue catastrophe bonds, guiding more international capital to support projects in developing countries and helping them address climate challenges. He also shared updates and experience on Hong Kong's efforts in advancing green and transition finance, including the release of a green taxonomy aligned with international standards and active participation in setting global green standards.

Mr Chan also participated in discussions on digital finance at the FMM, sharing Hong Kong's experiences in developing fintech and promoting inclusive finance, including how regulatory sandboxes encourage fintech innovation and the application of new technologies. He noted that Hong Kong's robust and internationalised financial infrastructure, along with a balanced regulatory system that promotes security and innovation, is conducive to building a thriving fintech ecosystem.

At noon, Mr Chan attended a luncheon of the APEC Business Advisory Council, sharing Hong Kong's experiences on leveraging private market capital to better support sustainable infrastructure and climate change projects, as well as creating a more favorable environment for micro, small and medium enterprises to embrace digital finance. He exchanged views with representatives and business leaders from other economies.

During the FMM, Mr Chan also met with South Korea's Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, Mr Choi Sang-mok, and Vietnam's Deputy Minister of Finance, Mr Vo Thanh Hung, to discuss strengthening cooperation and exchanging views on issues of mutual interest.

In the evening, Mr Chan would depart Lima for New York, the United States, where he will attend the Bloomberg Global Regulatory Forum and deliver a speech today (October 22, New York time).

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

FS continues to attend APEC Finance Ministers' Meeting in Peru (with photos/video) Source: HKSAR Government Press Releases

Boccia and Hong Kong Jockey Club Trophy wheelchair fencing competition of 12th NGD and 9th NSOG to be held tomorrow

The National Games Coordination Office (Hong Kong) announced today (December 8) that the boccia and the Hong Kong Jockey Club Trophy wheelchair fencing competition of the 12th National Games for Persons with Disabilities (NGD) and the 9th National Special Olympic Games (NSOG) will be held from tomorrow (December 9) to December 14 at Kai Tak Arena and Ma On Shan Sports Centre respectively.

Hong Kong will stage all boccia events including men's and women's individual, double and team events, and 14 gold medals will be awarded. The boccia competition will comprise nearly 100 athletes joining from 13 teams from the Mainland, Hong Kong and Macao competing for honours, and Hong Kong will field 11 men and eight women athletes to compete. The competition schedule is as follows:

Date

Time

Competition details

December 9

(Tuesday)

10am to 1.30pm and 2.30pm to 6pm

Men's and women's individual events: group stage

December 10

(Wednesday)

December 11

(Thursday)

10am to 12.30pm and 2.30pm to 4.30pm

Men's and women's individual events: group stage and knockout rounds

December 12

(Friday)

10am to noon and 2pm to 4.30pm

Men's and women's individual events: semifinals and finals

December 13

(Saturday)

10am to 12.30pm and 2pm to 6pm

Men's and women's double and group events: group stage and round-robin matches

December 14

(Sunday)

10 am to 12.30pm and 2pm to 4.30pm

Men's and women's double and group events: round-robin matches, semifinals and finals

​As for the Hong Kong Jockey Club Trophy wheelchair fencing competition, Hong Kong will also stage all events including men's and women's individual and team foil, épée, and sabre competitions, and 24 gold medals will be awarded. Over 80 athletes joining from 10 teams from the Mainland, Hong Kong and Macao will compete for medals, with Hong Kong sending seven male and six female athletes. The competition schedule is as follows:

Date

Time

Competition details

December 9

(Tuesday)

9am to 5pm

Men's sabre individual (Category A and B) and Women's foil individual (Category A and B)

December 10

(Wednesday)

Men's sabre team, Women's épée individual (Category C), Women's foil team and Men's épée individual (Category C)

December 11

(Thursday)

Men's foil individual (Category A and B) and Women's épée team (Category A and B)

December 12

(Friday)

Men's foil team, Women's sabre individual (Category C),Women's épée team and Men's sabre individual (Category C)

December 13

(Saturday)

Women's sabre individual (Category A and B) and Men's épée individual (Category A and B)

December 14

(Sunday)

Men's épée team, Women's foil individual (Category C), Women's sabre team and Men's foil individual (Category C)

Note: Wheelchair fencers are classified into three categories based on their level of impairment: A, B and C, with A representing the mildest impairment and C the most severe.

Members of the public can purchase tickets through various channels, including the 12th NGD and 9th NSOG official ticketing website (ticket.baygamespara.cn) or by searching for the official mini programme on WeChat, after completing a real-name account registration. Members of the public can also visit 11 designated sales outlets (ww2.ctshk.com/articleDetail?id=4&channelId=-1) of the China Travel Service (Hong Kong) Limited to buy paper tickets for events in the Hong Kong competition region. Furthermore, services are also available for physical ticket purchases for the events held at the relevant venues at the ticket office of the competition area. Tickets for boccia competition are available now, while limited tickets for wheelchair users and their carers for the wheelchair fencing competition are also available.

The ticket offices at Kai Tak Station Square and Ma On Shan Sports Centre have come into operation. The ticket offices will run from 10am to 4pm on non-competition days and will operate one hour before the event starts on event days until ticket verification ceases for that day's event (i.e. 30 minutes before the scheduled finish time). Tickets are sold at Hong Kong dollar prices and accept various electronic payment methods. Real-name registration for ticket sales is adopted and please prepare an identity document for ticket purchase and before entering the venue. Spectators who purchased tickets for their family members or friends using their own accounts via the official ticketing platform should transfer the tickets to their family members or friends 24 hours prior to the start of the relevant session. Each person should carry their own e-tickets to facilitate verification and multiple entries/exits.

Official franchised merchandise stores will be set up on-site at the two competition venues, selling a variety of franchised products with Hong Kong characteristics incorporated and related to the competition events. Members of the public are welcome to visit and make purchases.

Outside the competition venue, there will also be competition villages with various game booths, including digital interactive games, booth games and art workshops themed around the competition events hosted by Hong Kong competition region. The competition villages for both boccia and wheelchair fencing events will be open on December 13 and 14 from 10am to 5pm. Members of the public are welcome to try the games and purchase tickets to watch the competitions, and cheer for athletes in person.

Source: AI-found images

Source: AI-found images

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