Financial Secretary Paul Chan expressed his excitement about the growing partnership between Hong Kong and the Middle East. In addition to focusing on finance, innovation, and technology, Chan believes that there is room for more collaboration in areas such as people-to-people exchanges and cultural sharing between China and the Middle East.
According to Chan, many Middle Eastern investment institutions have praised Hong Kong for its internationalism, diversity, and cultural tolerance. They see Hong Kong as a bridge that can facilitate cooperation based on mutual respect and mutual benefit. Chan emphasized that Hong Kong’s role as a “super connector” extends beyond linking markets in Europe, America, and the Middle East to connecting emerging markets with varying backgrounds and traditions.
During his recent visit to Riyadh, Chan noted that significant progress was made in advancing various projects, highlighting the unique value and growth potential of “Brand Hong Kong.” He mentioned ongoing discussions with Saudi Arabia’s Future Investment Initiative to potentially host its second summit in Hong Kong next year, further solidifying the SAR’s position as a hub for international collaboration and investment.
In light of these developments, it is evident that Hong Kong’s influence is extending beyond its traditional financial prowess to become a hub for cultural exchange and mutual learning. By fostering stronger ties with the Middle East, Hong Kong is not only reinforcing its position as a global financial center but also as a gateway for cross-cultural cooperation and innovation. With upcoming initiatives like hosting key summits, Hong Kong is poised to play an even more significant role in facilitating international partnerships and driving economic growth in the region.
