XIA BAOLONG INSPECTS TECH PARK

CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong visited the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone on February 9.

This was followed by a tour of the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone.

During his inspection, Mr Xia hosted a discussion session in Qianhai, where he was briefed by the Hong Kong Special Administrative Region Government on its work plans on the economy and financial services.

During the morning visit to the Hong Kong Park, Mr Xia, accompanied by Acting Chief Executive Chan Kwok-ki and Financial Secretary Paul Chan, listened to presentations by Secretary for Development Bernadette Linn on the overall planning and development overview of the Northern Metropolis as well as by Secretary for Innovation, Technology & Industry Prof Sun Dong on the park’s latest development progress and the key focus of work.

Mr Xia also inspected the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone and hosted a discussion session where the Financial Secretary introduced the Hong Kong SAR Government’s work and focus in 2025 to advance the economy.

During the four-hour session, there were also in-depth discussions on how Hong Kong could further understand, respond to and embrace changes under the new circumstances, accelerate reforms to foster progress, enhance Guangdong-Hong Kong co-operation, and better integrate into the Greater Bay Area (GBA).

At the discussion session, Mr Xia recognised the work of the Hong Kong SAR Government under the Chief Executive’s leadership and expressed hope the Hong Kong SAR Government would thoroughly implement the spirit of the important speeches by President Xi Jinping in Macau and the Third Plenary Session of the 20th CPC Central Committee, and continue to be bold in reform, dare to break new ground and to innovate continuously.

Mr Xia also wished for more reciprocal co-operation and collaborative development within the GBA.

The finance chief stated that under the Chief Executive’s leadership, the Hong Kong SAR Government team will firmly uphold the principle of “one country” while leveraging the advantages of “two systems”, and the Government team is determined to undertake reforms, dare to be innovative, and actively integrate into the national development and align with national development strategies.

In the face of a complex external environment, Hong Kong will co-ordinate development and security, maintain financial and economic security, whilst promoting the acceleration of economic progress.

As the country further deepens reforms, promotes high-quality development and advances high-level opening up, Hong Kong will leverage its unique advantages and functions of connecting with both the Mainland and the world as well as its strong international character. 

Hong Kong will reinforce traditional advantageous industries such as financial services, trade and shipping, while also exploring new development areas. At the same time, Hong Kong will focus on nurturing new quality productive forces and new economic growth points and continue to make systematic investments in innovation and technology.

The Financial Secretary added that Hong Kong will harness platforms such as the above-mentioned co-operation zones, and strengthen collaboration with sister cities in the GBA, seeking to play to the comparative strengths of the cities and elevate their economic development.

The session was attended by Secretary for Constitutional & Mainland Affairs Erick Tsang, Secretary for Financial Services & the Treasury Christopher Hui, Secretary for Commerce & Economic Development Algernon Yau, Ms Linn, Prof Sun, Secretary for Transport & Logistics Mable Chan and Acting Secretary for Culture, Sports & Tourism Raistlin Lau.

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