HKETO, Washington DC hosts Chinese New Year Reception
The Hong Kong Economic and Trade Office in Washington DC (HKETO, Washington DC) hosted a Chinese New Year reception on February 6 (Washington DC time). Some 700 guests attended to welcome the Year of the Snake.
The reception began with performances by musicians Yang Enhua, Hong Ting Laurina and Ding Yijie from the Arts with the Disabled Association Hong Kong. Speaking to a distinguished audience, which included US government officials, congressional staff, Ambassadors and others, Sylvester Wong, Director of the HKETO, Washington DC, said the performances exemplified the "perseverance and diversity of Hong Kong's performing arts scene and the power of inclusion across the arts." He acknowledged Cathay Pacific Airway's support for the musicians' US tour.
Mr Wong provided an update on growth forecasts for Hong Kong's economy and the strength of Hong Kong-US commercial ties.
He highlighted the robust trade ties between Hong Kong and the US, reporting that US goods exports to the city last year totaled nearly US$26 billion. Over the past 10 years, the US has realized a trade surplus of US$271 billion with Hong Kong.
With the Hong Kong government's recently announced reduction of the duty on imported alcoholic beverages, coupled with the city's vibrant cocktail culture, Mr Wong stressed that there was strong potential for US whiskeys in Hong Kong.
Mr Wong highlighted Hong Kong's robust measures to amplify the city's competitiveness by strengthening traditional pillar industries, while cultivating new growth areas.
He reported on the recent commissioning of the Three-Runway System in the Hong Kong International Airport, which would increase passenger and cargo flows and boosts interconnectivity. Illustrating greater interconnectivity, he announced that Cathay Pacific Airways would soon launch nonstop service from Dallas Fort Worth International Airport to Hong Kong.
In cultivating new growth areas, Mr Wong reported that Hong Kong had continued to step-up the competitiveness of its financial market. With over 1 100 fintech companies operating in the city, innovative financial products run the gamut from mobile payments to virtual asset trading. "The pace of financial innovation requires our regulatory regime to be nimble," said Mr Wong. "Our regulatory approach ensures market innovation while managing risks."
Beyond the world of business, Mr Wong said that Hong Kong offered unforgettable experiences for American visitors, including iconic events like Art Basel and the Clockenflap music and arts festival. Thanks to Hong Kong athletes' achievements at international sporting events and the new Kai Tak Sports Park, Hong Kong had elevated its elite sports development and the status as the capital of international sports events.
HKETO, Washington DC hosts Chinese New Year Reception Source: HKSAR Government Press Releases
HKETO, Washington DC hosts Chinese New Year Reception Source: HKSAR Government Press Releases
HKETO, Washington DC hosts Chinese New Year Reception Source: HKSAR Government Press Releases
HKSAR fully integrates into Green Belt and Road development
To strengthen the promotion of green cooperation under the Belt and Road (B&R), the Environment and Ecology Bureau (EEB) and the Ministry of Ecology and Environment (MEE) have established a B&R Green Development Co-operation Platform. By connecting with the network of the International Green Development Coalition for the Belt and Road Regions (IGDC), the platform facilitates exchange and cooperation among B&R countries and regions in green technology, policy and capacitybuilding. The Second General Assembly of Members of the IGDC was held today (October 25) in Hong Kong.
Under the "One Country, Two Systems", HongKong has the distinctive advantages of enjoying strong support of the motherland and being closely connected to the world. The IGDC's decision to hold the annual meeting in HongKong helps members access international markets, deepen international cooperation and expand a global partnership network, and reflects the IGDC's recognition of HongKong's bridge-building role in the green B&R Initiative.
At this year's annual meeting, the Director of Environmental Protection, Dr Samuel Chui, was elected as a council member of the IGDC. Sino Group and Hong Kong Exchanges and Clearing Limited were admitted as the IGDC's new member organisations, together with Hong Kong Quality Assurance Agency (IGDC member of year 2025), further strengthening the IGDC's collaborative capacity in HongKong.
Dr Chui said at the meeting that HongKong has been actively serving the roles of "super connector" and "super valueadder", providing a platform for linking green technologies, green finance and green standards. Relying on its sound legal system, professional services and internationaloriented business environment, HongKong can assist B&R countries in advancing their green transition.
Dr Chui added, "The Hong Kong Special Administrative Region Government has consistently taken concrete actions to participate in the green B&R Initiative. We have successfully implemented a number of works this year, including the establishment of the B&R Green Development Co-operation Platform in HongKong with the IGDC, the set up of the B&R sustainable green development training centre, and the organisation of the B&R Green Innovation Conference 2026 which will open tomorrow. This year's innovation conference is the first time to be held outside the Mainland. HongKong will continue to leverage its strengths and contribute to the nation's high-quality co-construction of green B&R."
As a new member of the IGDC, Sino Group attaches great importance to and actively supports the national B&R green development strategy, and is committed to promoting green technological innovation and synergistic collaboration among industry, academia, and research sectors. The Group is planning to collaborate with the EEB of the HKSAR Government to establish an Asia-Pacific B&R green technology center for industry, academia, and research in the Northern Metropolis as a training, exchange and exhibition platform, showcasing green technology prototypes and innovative achievements from members of the IGDC, covering fields such as marine technology. It will foster deep integration across industry, academia, and research sectors, transform technological outcomes, align with the National 15th Five-Year Plan to contribute to the green B&R Initiative, and leverage Hong Kong's unique strengths as a "super connector."
The IGDC was jointly initiated and established by the MEE and partners from the Mainland and overseas. It aims to build an international consensus on green development, and to initiate open, inclusive and mutually beneficial international cooperation and action on green development. By providing implementing pathways such as promotable sustainable technical solutions, verifiable green finance instruments, sharable digital and intelligent empowerment platforms and replicable capacity building paradigms, it aims to help promote sustainable development and build a clean and beautiful world together.
HKSAR fully integrates into Green Belt and Road development Source: HKSAR Government Press Releases
HKSAR fully integrates into Green Belt and Road development Source: HKSAR Government Press Releases
