Paul Chan: Hong Kong Speeds Up the Building of a Global High-Value Supply Chain Management Center
Hong Kong’s global high-value supply chain management center is being built at an accelerated pace, strengthening international trade and financial services With the support of AI+, finance+, and professional services, it attracts companies to set up in Hong Kong and enhances growth momentum
On May 3, Hong Kong Financial Secretary Paul Chan said that Hong Kong is accelerating the development of a global highvalueadded supply chain management center, and hopes to leverage smart ports, innovative trade financing, as well as professional services such as legal, accounting, and ESG, to further enhance its functions as an international trade center and attract more companies from both within and outside the region to set up headquarters and treasury centers in Hong Kong.
Chan pointed out that, as an international trade hub, Hong Kong is advancing the development strategies of “AI+” and “Finance+” in parallel, driving upgrades and transformation across industries and strengthening economic resilience. He also mentioned that, against the backdrop of the national “15th FiveYear Plan” promoting the development of a modern industrial system, Hong Kong can leverage its own strengths to better serve the country’s needs and form deeper cooperation with regional supply and industrial chains.
In his blog post, he said that Hong Kong’s local consumption, exports, and fixed investment have all continued to improve recently, while visitor numbers and consumption related to retail and catering have also maintained growth. Trading in Hong Kong stocks and the residential property market have likewise rebounded. These factors are expected to continue supporting Hong Kong’s economic growth and employment.