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Exchanges should be without boundaries or tariffs: CE

Xenia. W by Xenia. W
7 June 2025
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Chief Executive John Lee on Saturday told a high-powered international forum that free and open international exchanges – without boundaries or tariffs – are key to innovation and growth.

Speaking at a science, technology and innovation forum under the Boao Forum for Asia, the CE said the SAR is committed to free and open collaboration with different governments and organisations.

“For innovation to thrive, it must be rooted in international cooperation. The exchange of knowledge, talent and ideas should be open and free, without borders, without boundaries, without tariffs,” Lee said.

“[As] a long-standing champion of multilateralism and a rules-based global economy, Hong Kong is deeply committed to building collaboration among governments, businesses and academic institutions everywhere.”

He said with the nation’s unwavering support, Hong Kong has made progress in innovation and technology, and a continuing drive to further research and development will help the city advance in frontier industries.

“We stand at the consequential crossroads in human history, a moment where artificial intelligence and health technology converge not just as tools, but the architects of our evolution into the new era of development,” Lee said.

“Hong Kong is committed to the development of these frontier industries.”

Lee added that the Hong Kong part of the Hetao cooperation zone with Shenzhen is expected to be operational within this year.

Tags: Hong Konglocal
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

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