Financial Secretary Reinterprets Geopolitical Realignments as Growth Drivers for Hong Kong’s Trade Role

Financial Secretary Paul Chan Mo-po has maintained that the ongoing reconfiguration of the global geopolitical landscape does not represent a hazard to Hong Kong’s standing as a primary trade hub. Instead, he views these shifts as a transformative force that will refine the city’s evolution and strengthen its distinct identity as a "super-connector" between markets.

While participating in a summit dedicated to "The 15th Five-Year Plan and New Opportunities for Hong Kong," Chan shared his perspectives on the fluctuating international environment. He argued that the trend toward regionalization within global supply chains has actually made Hong Kong’s function as an intermediary between various economies and markets more vital and prominent than ever before.

Furthermore, the finance chief discussed the development of Hong Kong’s maiden internal five-year strategy, which is currently in the drafting stage. He emphasized that this undertaking demands rigorous and multifaceted deliberation regarding the city’s long-term trajectory, objectives, and strategic priorities to ensure successful execution.

Chan pointed out that establishing a comprehensive roadmap—one that includes specific project lists and precise timelines—is a responsibility that extends beyond the government. He advocated for a synergistic approach, calling on the administration, the commercial sector, and all societal stakeholders to collectively investigate and chart the way forward. He concluded by noting that this strategic plan must remain dynamic, requiring ongoing refinement and calibration based on practical experience and real-world implementation.