Hong Kong’s Paul Chan discusses cooperation with global leaders at Davos forum

Hong Kong’s finance chief has discussed strategies to avoid a “new, non-cooperative normal” with more than 70 global political and business leaders at the World Economic Forum’s annual meeting in Davos.

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Paul Chan Mo-po also promoted the city’s “new advantages” during various meetings with the leaders, according to the financial secretary’s office on Thursday.

He also expressed his city’s willingness to boost cooperation in fields, such as green transition, financial service development and urban management.

“This

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offers an opportunity for Hong Kong to showcase its latest economic and social developments to global leaders, and its unique advantages under the “one country, two systems” principle,” Chan said.

“Such participation also enables Hong Kong representatives to better understand international trends, exchange views with various economic and sectoral representatives and present Hong Kong’s perspectives.”

Paul Chan (left) meets Swiss State Secretary for International Finance Daniela Stoffel in Davos. Photo: ISD
Paul Chan (left) meets Swiss State Secretary for International Finance Daniela Stoffel in Davos. Photo: ISD

The forum, taking place from January 20 to 24 under the theme of “Collaboration for the Intelligent Age”, has attracted about 3,000 political and financial leaders from around the world. Topics covered include rebuilding trust internationally and within societies, and identifying new sources of growth.

  

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