HK FINANCIAL DEVELOPMENT REVIEWED

CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong today reviewed the city’s financial and economic development.

He was accompanied by Chief Executive John Lee, Financial Secretary Paul Chan, Deputy Financial Secretary Michael Wong and Secretary for Financial Services & the Treasury Christopher Hui.

This morning, Mr Xia exchanged views with more than 20 representatives from the financial sector on the market's latest developments and consolidating and strengthening Hong Kong's position as an international financial centre.

At a working lunch with the senior management of the city’s financial regulators, financial development and regulation were discussed.

Joined by Mr Lee, Mr Chan, and Acting Secretary for Commerce & Economic Development Bernard Chan, Mr Xia had an engagement session with about 40 representatives from local and foreign chambers of commerce in the afternoon.

Mr Xia, in the company of the Chief Executive and Secretary for Home & Youth Affairs Alice Mak, then attended an exchange session with representatives from patriotic community groups with an affection for the country and the city.

In the evening, Mr Xia met representatives from 30 strategic enterprises which were introduced into the city by the Hong Kong Special Administrative Region Government over the past year and more.

They exchanged views on Hong Kong's economy, investment and business prospects as well as advantages for enterprises to set up and expand their business in the city.

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