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GBA promoted in Hungary

Xenia. W by Xenia. W
17 May 2025
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Secretary for Constitutional & Mainland Affairs Erick Tsang and Commissioner for Development of Guangdong-Hong Kong-Macao Greater Bay Area Maisie Chan visited Hungary to promote development opportunities of the Greater Bay Area (GBA).
 
After arriving in Budapest yesterday, Mr Tsang called on Chinese Ambassador to Hungary Gong Tao.
 
Today, he met State Secretary for Bilateral Relations at the Hungarian Ministry of Foreign Affairs & Trade Boglárka Illés, and Hungarian National Assembly Deputy Speaker Lajos Oláh to share views on issues relating to the promotion of exchange and collaboration between Hong Kong and Hungary.
 
Mr Tsang also attended the “Guangdong-Hong Kong-Macao Greater Bay Area – Europe (Hungary) Economic & Trade Cooperation Exchange Conference” jointly organised by the People’s Government of Guangdong Province, the Hong Kong Special Administrative Region Government and the Macao Special Administrative Region Government to promote business opportunities brought about by the GBA to the European business community, and Hong Kong’s position as a GBA international entry point and roles as a “super connector” and “super value-adder”.
 
Speaking at the conference, he encouraged enterprises and talent to capitalise on Hong Kong’s unique advantages of having the staunch support of China and being closely connected to the world by establishing a foothold in the city and tapping into the huge market of the GBA, and to turn challenges into opportunities under the current international situation.
 
Under “one country, two systems”, Hong Kong would maintain its status as a free port, implement a free trade policy, maintain the free flow of capital, goods, people and information, and firmly support a rules-based multilateral trading system, he emphasised.
 
Mr Tsang will depart for Cairo, Egypt, tomorrow to attend the “Guangdong-Hong Kong-Macao Greater Bay Area – Africa (Egypt) Economic & Trade Cooperation Exchange Conference”.
 
He will return to Hong Kong on May 19.

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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