News Summary
During his recent visit to the United States, Paul Chan, the Financial Secretary of Hong Kong, highlighted the city’s economic resilience amid global uncertainties. Meeting with US officials, Chan discussed Hong Kong’s unique position as a financial hub and potential investment opportunities in sectors like digital assets and green finance. He emphasized the strength of the ‘one country, two systems’ framework and encouraged American businesses to view Hong Kong as a vital link to the Asian markets.
Hong Kong – During his visit to the United States from October 14-17, 2025, Paul Chan, the Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), emphasized the city’s economic resilience and potential for investment amidst global uncertainties. The trip was part of his participation in the Annual Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG).
Chan met with government officials and financial leaders in New York and Washington, DC, providing them with updates on the latest business environment in Hong Kong. He was actively engaged in discussions about the city’s continued development as a significant financial hub, particularly highlighting its advantages under the “one country, two systems” arrangement.
At the plenary session held on October 17 during the IMF and WBG meetings, Chan spoke on topics such as innovation and technology opportunities, the development of digital assets, and the cultivation of a patient capital ecosystem. He pointed out that despite various global economic challenges, Hong Kong has received positive capital inflows, reflecting strong confidence from international investors.
Investment Opportunities in Hong Kong
During his discussions, Chan asserted the long-term viability of the “one country, two systems” arrangement, as endorsed by the Chinese government. He reiterated Hong Kong’s commitment to maintaining its common law system and independent judiciary, which remain pillars of its business environment.
During his meetings with senior officials from the IMF and WBG, Chan discussed the economic and fiscal conditions of Hong Kong. He also provided insights to representatives from major US business chambers regarding investment opportunities in various sectors, with a specific focus on financial markets including IPOs, private equity, and asset management.
Focus on Free Trade and Economic Stability
As global trade tensions escalate, Chan highlighted Hong Kong’s status as a free port, underlining its predictable trade policies that offer a stable trading framework. He participated in a roundtable discussion to explore further investment in green finance and digital assets, areas he believes can yield significant returns for investors.
Chan also attended the annual Gala Dinner of the National Committee on United States-China Relations (NCUSCR) on October 14, where he engaged in discussions about US-China trade relations with NCUSCR Chair Charlene Barshefsky. His visit served as an invitation to American businesses to view Hong Kong as a critical “super connector” between China and the global economy, underscoring the city’s strategic role in fostering international business relationships.
A Summary of Key Takeaways
Overall, Chan’s visit to the United States reinforced the message that despite prevailing global uncertainties, Hong Kong remains an attractive destination for international business and investment. Through ongoing dialogues and strategic partnerships, he aims to bolster the city’s reputation as a vibrant financial center committed to sustainable growth and innovation.
In conclusion, the meetings and discussions during Chan’s visit signal a robust outlook for Hong Kong’s economy and highlight its unique position as a bridge between China and global markets. His assertion about capital inflows and the continuing support of the “one country, two systems” framework assures investors of the city’s commitment to its established legal and economic systems.
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Additional Resources
- Bloomberg: Hong Kong’s Financial Chief Says About 200 Firms Planning IPOs
- Wikipedia: Hong Kong
- South China Morning Post: Invest and Expand in Hong Kong, Paul Chan Tells US Businesses
- Encyclopedia Britannica: Hong Kong
- BDT Online: Hong Kong’s Finance Chief Attends IMF and World Bank Meetings in US
Author: STAFF HERE WASHINGTON DC
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