Xia Baolong Arrives in Hong Kong for Inspection Visit

Director of Hong Kong and Macao Work Office of CPC Central Committee and Hong Kong and Macao Affairs Office of State Council Mr Xia Baolong arrives in Hong Kong for inspection visit 

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong, arrived in Hong Kong today (June 16) to conduct an inspection of Hong Kong's alignment with the National 15th Five-Year Plan and the advancement of the Northern Metropolis development.

In the morning, Mr Xia visited the Hung Shui Kiu/Ha Tsuen New Development Area Community Liaison Centre in the company of the Chief Executive, Mr John Lee. He was briefed on the planning and development of the new development area, particularly on the pilot area of large-scale land disposal in Hung Shui Kiu and the development of the Hung Shui Kiu Industry Park. During the visit, Mr Xia was also briefed on the transport planning as well as the construction of the railway and the Smart and Green Mass Transit System in the new development area.

Mr Xia later paid a visit to the Hung Shui Kiu University Town Area to inspect the planning, development vision and latest progress of the Northern Metropolis University Town. He also visited the Light Public Housing on Yau Pok Road, Yuen Long, to listen to a briefing on the latest progress of the Light Public Housing projects. He then visited a family of four and had an exchange with them.

Next, Mr Xia visited the Microelectronics Centre in Yuen Long InnoPark to learn about the innovation and technology industry developments in Hong Kong.

In the afternoon, Mr Xia went to the Kwu Tung North New Development Area to inspect the construction progress of housing, transport, government offices and other ancillary facilities in the area. He later visited the Hong Kong-Shenzhen Innovation and Technology Park in the Loop to learn about its overall development plan and latest position, as well as the construction progress of the Sandy Ridge Data Facility Cluster site. Mr Xia afterwards visited the Central Government-Aided Emergency Hospital in the Lok Ma Chau Loop to inspect its operations.

In the evening, Mr Xia visited AsiaWorld-Expo to learn about how Hong Kong transforms mega events into new economic impetus to help the city seize the development opportunities brought about by the National 15th Five-Year Plan.

Officials accompanying the visits included the Chief Secretary for Administration, Mr Chan Kwok-ki; the Financial Secretary, Mr Paul Chan; the Secretary for Commerce and Economic Development, Mr Algernon Yau; the Secretary for Health, Professor Lo Chung-mau; the Secretary for Development, Ms Bernadette Linn; the Secretary for Housing, Ms Winnie Ho; the Secretary for Education, Dr Choi Yuk-lin; the Secretary for Innovation, Technology and Industry, Professor Sun Dong; the Secretary for Transport and Logistics, Ms Mable Chan; the Secretary for Constitutional and Mainland Affairs, Miss Janice Tse Siu-wa; and the Director of the Chief Executive's Office, Ms Carol Yip.

Mr Xia will continue his visit to Hong Kong tomorrow (June 17).

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong (second right), today (June 16) visits the Hong Kong-Shenzhen Innovation and Technology Park in the Loop to learn about its overall development plan and latest position in the company of the Chief Executive, Mr John Lee (third right). Source: HKSAR Government Press Releases

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong (third right), today (June 16) visits the Central Government-Aided Emergency Hospital in the Lok Ma Chau Loop in the company of the Chief Executive, Mr John Lee (first left), and exchanges views with the medical staff. Source: HKSAR Government Press Releases

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong (front row, second left), today (June 16) visits the Kwu Tung North New Development Area, in the company of the Chief Executive, Mr John Lee (front row, first left). Source: HKSAR Government Press Releases

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong (front row, right), today (June 16) visits the Hong Kong-Shenzhen Innovation and Technology Park in the Loop to learn about its overall development plan and latest position in the company of the Chief Executive, Mr John Lee (front row, left). Source: HKSAR Government Press Releases

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong (front row, second right), today (June 16) visits the Hung Shui Kiu University Town Area in the company of the Chief Executive, Mr John Lee (front row, third right), and is briefed by the Secretary for Education, Dr Choi Yuk-lin (front row, first right), on the latest progress of the Northern Metropolis University Town. Source: HKSAR Government Press Releases

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong (second right), today (June 16) visited a family at the Light Public Housing on Yau Pok Road, Yuen Long, in the company of the Chief Executive, Mr John Lee (first right), and the Secretary for Housing, Ms Winnie Ho (third left). Photo shows Mr Xia interacting with the residents. Source: HKSAR Government Press Releases

The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong (front row, centre), today (June 16) visits the Hung Shui Kiu/Ha Tsuen New Development Area Community Liaison Centre in the company of the Chief Executive, Mr John Lee (front row, right), and is briefed by the Secretary for Development, Ms Bernadette Linn (front row, left), on the planning and development of the new development area. Source: HKSAR Government Press Releases

SFST and financial delegation conclude visit to Suzhou and depart for Shanghai

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, and the financial delegation concluded their visit to Suzhou today (June 17) and departed in the afternoon for Shanghai, where they will attend the Lujiazui Forum in the evening. During their one-day stay in Suzhou, the delegation visited two enterprises and attended two networking events. They also met with the Secretary of the CPC Suzhou Municipal Committee and the Governor of the Jiangsu Branch of the People's Bank of China.

Upon arrival in Suzhou yesterday (June 16) at noon, Mr Hui and the delegation proceeded to a networking luncheon organised by the Financial Services and the Treasury Bureau and engaged in in-depth discussions with representatives from 14 enterprises on how Hong Kong's investment and financing environment can support Chinese Mainland enterprises in going global as well as issues of concern to Mainland enterprises in the journey of going global. The discussion spanned a wide range of topics, such as cross-boundary financial support, international compliance requirements, cross-boundary tax planning, and the protection set-up for overseas industrial chains by establishing captive insurers. Member of the Standing Committee of the CPC Suzhou Municipal Committee and Executive Vice Mayor of the Suzhou Municipal People's Government, Jiangsu Province, Mr Gu Haidong, and officials from the Financial Commission Office of the CPC Suzhou Municipal Committee also attended.

In his welcoming remarks, Mr Hui said, "Suzhou stands as a prominent manufacturing hub in the Yangtze River Delta. As the city launches its initiative to encourage Suzhou enterprises to go global, Hong Kong is undoubtedly your most reliable partner. We have the capabilities, expertise and global vision. We will work side by side with Suzhou enterprises in addressing challenges when they face risks or lack clear pathways in the journey of going global, supported by our wealth of professionals in finance, accounting, insurance, and legal services who are well versed in international markets and regulations. Hong Kong is well positioned to steer Suzhou enterprises through the waves as they expand overseas."

On the afternoon of the same day, the delegation visited Jiangsu Jinfu Digital Tech Group Company Limited and toured its key laboratories on digital finance and AI-driven financial applications in the company of its Chairman of the Board, Ms Qiu Xiaolan. They then went to Innovent Biologics Inc and met with its Senior Vice President, Mr Daniel Ding, to exchange views. The company has been listed in Hong Kong and was included in the Hang Seng Index.

In the evening, Mr Hui and the delegation attended a dinner hosted by Mr Gu.

The delegation continued its visit to Suzhou this morning. Mr Hui and the Permanent Secretary for Financial Services and the Treasury (Financial Services), Mrs Angelina Cheung, called on the Secretary of the CPC Suzhou Municipal Committee, Mr Fan Bo. They discussed and exchanged views on the needs of Suzhou enterprises expanding their businesses overseas and the support that the Hong Kong financial sector can offer.

They then joined the rest of the delegation to take part in a breakfast networking meeting with the Chairman of the Group Board, Zhongyifeng Holding Group Co Limited, Mr Gong Changyi, and Director of Zhongyifeng Holding Group, Mr Mo Lyuqun, ‎to learn about the company's development. The company has materialised the plan to establish in Hong Kong a holding subsidiary, which will engage in integrated energy management as well as the development of related software and hardware applications.

Before leaving Suzhou, the delegation met with the Governor of the Jiangsu Branch of the People's Bank of China, Mr Zhou Chengjun. They engaged in discussions on fintech and e-CNY (digital renminbi), and gained hands-on experience of distinctive use cases of e-CNY.

Mr Hui and the delegation departed for Shanghai at noon today and will attend the Lujiazui Forum this evening.

Source: AI-found images