Financial Secretary Paul Chan visited China International Capital Corporation Limited (CICC) in Beijing today and met with its Chairman Chen Liang. They had in-depth talks on securities markets, renminbi internationalisation, financial infrastructure and mutual market access.
Mr Chan said that building China into a financial powerhouse requires strong international financial centres and institutions. He noted that the Hong Kong Special Administrative Region Government’s recently announced First Five-Year Plan and the 2026 Policy Address focus on strengthening Hong Kong’s role as a top financial hub.
These plans support quality enterprises using Hong Kong to grow, serve the real economy, and boost the innovation and technology sector.
Mr Chan expressed hope that CICC will maintain close ties with Hong Kong’s financial regulators to help the city’s capital markets and grow its international business, especially in Belt & Road countries. By leveraging Hong Kong’s unique advantages and strong support from the motherland, as well as its close international connections, both sides can help build the country’s financial strength.
Secretary for Financial Services & the Treasury Christopher Hui also attended the meeting. Mr Chan and Mr Hui finished their visit to Beijing and returned to Hong Kong this afternoon.
