China News Service, Hong Kong, July 19th. Hong Kong Financial Development Council (Financial Development Bureau) Chairman Li Luren said on the 19th that although the current uncertainties in Sino-US relations have brought some impact to Hong Kong, Hong Kong can still find development opportunities from it.

He believes that Hong Kong's status as an international financial center and the business environment have not been affected.

　　The Financial Affairs Bureau held a press conference on the same day to publish its eighth annual report, reviewing its work during the fiscal year from April 2020 to March 2021.

Li Luren pointed out that Hong Kong's long-term development needs a variety of supporting facilities, including talents, the rule of law, a clear regulatory system, and connectivity with the Chinese mainland market. Only by combining relevant factors can it have sustained success.

However, we have not yet seen a place that has advantages over Hong Kong, so I am very confident in Hong Kong.

　　Andrew Weir, a member of the Board of Directors of the FSDC, believes that the return of US-listed companies to Hong Kong for listing highlights the role of Hong Kong as a major financing center.

In fact, Hong Kong is the winner.

He has positive confidence in the status of Hong Kong as an international financial center. In particular, the connection between Hong Kong and the Mainland will become closer and he believes it will be more attractive to investors.

　　Regarding the upcoming cross-border financial link, Ding Chen, a member of the board of directors of the FSDC, said that the cross-border financial link will initially focus on low-risk products. These products have a rich variety in Hong Kong. I believe there will be sufficient Products are provided to mainland customers for investment.

　　In addition, according to the annual report, over 90% of the 1,500 related jobs have been successfully filled in the first job creation plan managed by the FSDC specifically for the financial services industry, benefiting about 750 qualified employers.

The plan is set up under the HK$6 billion Anti-epidemic Fund of the Hong Kong Special Administrative Region Government. It is entrusted by the Financial Services and the Treasury Bureau and implemented by the Financial Services Bureau.

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