Paul Chan Engages with Oman’s Economy Minister at World Economic Forum in Davos to Discuss Cooperation and Investment

FS begins visit to Davos, Switzerland (with photos/video)

The Financial Secretary, Mr Paul Chan, arrived in Davos, Switzerland yesterday (January 19, Davos time) and immediately commenced his programme at the World Economic Forum (WEF) Annual Meeting.

In the afternoon, Mr Chan met with the Minister of Economy of the Sultanate of Oman (Oman), H.E. Dr Said Mohammed Al-Saqri. During the meeting, the two sides discussed ways to deepen mutually beneficial cooperation in areas such as finance, trade, green transformation and industrial development.

Mr Chan noted that Oman is transitioning from an oil-driven growth model towards a more diversified economic structure, with active efforts to promote green transformation and renewable energy, while further strengthening its economic and investment ties with China. As a “super connector”, Hong Kong is well positioned to support this process — on the one hand, by facilitating Mainland and Hong Kong enterprises to invest in Oman to support its infrastructure and industrial development; and on the other hand, by leveraging its status as an international financial centre in Asia to provide Omani enterprises with an ideal platform for fundraising and financing, as well as offshore Renminbi investment and risk management products. Mr Chan also pointed out that financial market connectivity between the two places could foster mutual development, and expressed support for the stock exchanges and regulatory authorities of both sides to explore reciprocal cooperation, including opportunities for dual or secondary listings.

In the evening, Mr Chan attended the welcome reception of the WEF Annual Meeting, where he engaged with participants from around the world. He will continue his visit in Davos today (January 20, Davos time).

FS begins visit to Davos, Switzerland (with photos/video) Source: HKSAR Government Press Releases

FS begins visit to Davos, Switzerland (with photos/video) Source: HKSAR Government Press Releases

FS begins visit to Davos, Switzerland (with photos/video) Source: HKSAR Government Press Releases

FS begins visit to Davos, Switzerland (with photos/video) Source: HKSAR Government Press Releases

FS begins visit to Davos, Switzerland (with photos/video) Source: HKSAR Government Press Releases

ExCo Non-official Members congratulate successful launch of manned Shenzhou-23 spacecraft

The following is issued on behalf of the Executive Council Secretariat:

Non-official Members of the Executive Council (ExCo) today (May 24) warmly congratulate the successful launch of the Shenzhou-23 manned spaceship. They extend their highest respect to all crew members, including Dr Lai Ka-ying, the first payload expert from the Hong Kong Special Administrative Region (HKSAR).

The Convenor of ExCo Non-official Members, Mrs Regina Ip, said, "This year marks the beginning of the National 15th Five-Year Plan. This mission is the first manned spaceflight during the 15th Five-Year Plan period and the first time a Hong Kong expert has participated, which is a truly momentous occasion. I extend my heartfelt gratitude to the country for providing Hong Kong's innovation and technology talent with this invaluable opportunity to take part in the country's aerospace endeavours. Dr Lai has successfully undergone the rigorous selection and training process to become one of the country's fourth batch of astronauts, and China's fourth female astronaut to reach space, contributing Hong Kong's strength to the national aerospace endeavours. She has exemplified the Lion Rock spirit of rising to challenges with resilience and perseverance. Her courage and determination are truly admirable, and all Hong Kong citizens are immensely inspired and proud of her. The understanding and support of her family are also essential for her to participate in this mission with resolution. I am deeply grateful for their support and commitment.

"The HKSAR Government is actively developing Hong Kong into an international innovation and technology centre and supporting promising research projects through various funding schemes. As an example, the Multi-Spectral Imaging Carbon Observatory (MUSICO) camera, developed under a project led by the Hong Kong University of Science and Technology and funded by the Government's Innovation and Technology Support Programme Special Call on Aerospace Technology, has successfully arrived at China's Tiangong Space Station, becoming Hong Kong's first scientific payload aboard the station. This fully demonstrates Hong Kong's innovation and technology edge and talent advantages."

Non-official Members of the Executive Council expressed their heartfelt gratitude to the country for its high recognition of Hong Kong's innovation and technology talent, development and achievements, as well as its profound emphasis, care and support for Hong Kong's scientific and technological development. They firmly believe that the HKSAR Government will seize this historic moment to nurture more outstanding innovation and technology talent for the country and Hong Kong, and better integrate into and serve the country's overall development.

Source: AI-found images