Director of the Hong Kong Economic and Trade Office (Toronto), Ms Emily Mo, attended the annual dinner organised by the Hong Kong University Alumni Association of Ontario (HKUAAO) in Toronto on November 18.
Speaking at the dinner, Ms Mo updated participants on the latest development of Hong Kong and stressed on the financial stability of the city. “The ‘one country, two systems’ principle has been a cornerstone of Hong Kong’s long-term prosperity and stability since the establishment of the HKSAR. The city has functioned remarkably well attracting a continual inflow of capital with large fiscal reserves. Hong Kong continues to play its unique role as a leading international financial centre offering abundant opportunities to the overseas businesses and talent.”
Ms Mo also remarked that Hong Kong has been maintaining its status as the freest economy in the world, the largest offshore RMB hub, and world number one air cargo hub. “Even during the pandemic, the number of start-ups in Hong Kong has increased by 37% from 2017 to 2021,” Ms Mo continued.
With the support from the Central government, Hong Kong is poised to enter a new era of opportunities as it further integrates into the national development, including the 14th Five-Year Plan and the Guangdong-Hong Kong-Macao Greater Bay Area Development. “In view of the new roles to be played by Hong Kong, the 2022 Policy Address introduced new policies for Hong Kong to attract strategic enterprises and talent including those from Canada,” Ms Mo added.
Before closing, Ms Mo introduced the recent major infrastructure projects in Hong Kong including the new airport runway, MTR route expansion, the West Kowloon Cultural District and other tourism offerings. She invited participants to visit Hong Kong to experience the commute convenience and the rich cultural atmosphere of the city.