China News Agency, Hong Kong, November 3rd: Hong Kong shows confidence and confidence in "opening the door again"
China News Agency reporter Xiang Luping
"This summit is the 'Hong Kong Returning to the Stage Summit'. Hong Kong has set foot on the stage of returning to normal, and returned to the center of the stage we are most familiar with in order to trade with the world." Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, at the International Financial Leaders Investment Summit, These words, straight to the point, addressed to more than 200 international and regional heads of about 120 financial institutions around the world, demonstrate Hong Kong's confidence and confidence in "opening its doors again", and demonstrate Hong Kong's drive and vitality to "achieve a new leap" .
On the morning of November 2, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, delivered a keynote speech on the opening day of the "International Financial Leaders Investment Summit".
Photo by China News Agency reporter Li Zhihua
In the 25 years since Hong Kong's return to China, under the unique advantages of the "one country, two systems" policy, Hong Kong has overcome challenges such as SARS, the international financial crisis and some severe social turmoil, and has overcome difficulties and forged ahead. It has been rated as the world's freest economy for many years. It has become the largest offshore RMB business center in the world, the largest asset management center in Asia, and has a solid status as an international financial, shipping and trade center.
However, in the face of complex and uncertain factors in today's world, the global financial industry is thinking about how to respond and seek new breakthroughs, which is naturally a must-answer question for Hong Kong.
The theme of this financial summit is: "Managing the Uncertainty of the Market". To overcome the uncertainty is the voice of the world at present.
Hong Kong, on the other hand, has a distinct "certainty".
As Li Jiachao said at the summit: Social riots are a thing of the past.
In its place is social stability and growing confidence in the future of Hong Kong from the business community and the public.
Law and order in Hong Kong has also returned to stability, and the worst is over.
On November 2, the International Financial Leaders Investment Summit was held in Hong Kong.
Photo by China News Agency reporter Li Zhihua
Li Jiachao attributes "the worst is over" to the long-established certainty and unique advantages of "one country, two systems".
Backed by the country, Hong Kong actively integrates into the overall development of the country. "One country, two systems" ensures that Hong Kong enjoys unparalleled ties and opportunities with mainland China and the world. Hong Kong is still the only city in the world that combines global and Chinese advantages.
This unique fusion makes Hong Kong an irreplaceable platform for connecting mainland China and the rest of the world.
Another definite advantage of Hong Kong is that Hong Kong is one of the world's leading financial centers and a major international financial center in China.
In the past few decades, Hong Kong has weathered many difficulties with its unparalleled resilience, and its financial system remains strong and stable.
In 2020, the economic contribution of Hong Kong's financial services industry reached US$76 billion, accounting for 23.4% of GDP; in the past 13 years, Hong Kong has topped the global initial public offering (IPO) fundraising list seven times; the Hong Kong Stock Exchange's market last year The total turnover reached a record-breaking US$5.2 trillion; last year, the assets under management of the Hong Kong insurance industry exceeded US$4.5 trillion, ranking first in Asia and second in the world, two-thirds of which came from non-Hong Kong investors… …
Because of this certainty, Li Jiachao emotionally threw an olive branch to the leaders of the global financial industry: "For Hong Kong, the worst is over, and the future will be better. Opportunities and opportunities are all in Hong Kong, and now is what everyone expects. In a long time, seize the opportunity and don’t follow behind.”
Hong Kong Convention and Exhibition Center.
Photo by Yu Ruidong issued by China News Agency Image source: CNSphoto
Hong Kong, with its "certainty", "opens the door again" at the right time: this financial summit is the first large-scale international conference held in Hong Kong since the outbreak of the new crown pneumonia.
In November alone, large-scale events such as the Hong Kong International Rugby Sevens, the Hong Kong International Medical and Health Exhibition, the Asia Medical and Health Summit Forum, and the JMA Hong Kong International Jewelry Festival followed one after another. These events not only boosted popularity and wealth, but also confidence. and confidence.
Hong Kong, with its "certainty", pursues "a new leap": the new style of governance that combines "promising government" with an efficient market is already surging here, and Hong Kong is striving to improve Hong Kong's competitiveness. , enhance development momentum and promote prosperity and development, and work hard under the guarantee of "one country, two systems" in order to achieve a new leap. These changes bring not only hope and opportunities, but also motivation and vitality.
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