Hong Kong will continue to uphold the rules-based multilateral trading system in the face of global economic uncertainty, the city’s chief executive has pledged at an Apec gathering in South Korea, as he encouraged the leaders of Singapore and the United Arab Emirates to invest in major local projects.
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City leader John Lee Ka-chiu also pitched Hong Kong’s strengths to officials from around the world on Friday, meeting the managing director of the International Monetary Fund (IMF) and several leaders of other countries.
Lee took part in the Asia-Pacific Economic Cooperation (Apec) economic leaders’ informal dialogue in the morning and was seen chatting with President Xi Jinping ahead of the meeting.
According to his office, Lee said enhancing trade and investment cooperation was a critical driver of economic growth amid global economic uncertainties.
He also told attendees that Hong Kong would continue to uphold the rules-based multilateral trading system and promote regional economic cooperation with the aim of developing an open, dynamic, resilient and peaceful Asia-Pacific community.
“During the welcome ceremony and the meeting, I had brief exchanges with leaders of various economies and invited them to visit Hong Kong more often to learn about our latest developments,” Lee said in a social media post.