HKETO Newsroom

March 21, 2022

HKETO Director joins HKCBA business events to update participants on Hong Kong’s latest developments

Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Ms Emily Mo, on March 17 joined the "Adding Value to Your Asia Business Development Plan in the New Normal” webinar hosted by Hong Kong-Canada Business Association (HKCBA) (Calgary Section), Hong Kong Trade Development Council in Canada and HKETO.  The webinar aimed to update participants on the latest opportunities in Asia in the new normal and Hong Kong as an ideal platform for Canadian companies to leverage on.

In her welcome remarks at the event, Ms Emily Mo is pleased to share with participants on a recent Staff Report released by the International Monetary Fund (IMF) which reaffirmed Hong Kong as a major global financial centre with a resilient financial system, sound macroprudential policies, and robust regulatory and supervisory framework. 

"The IMF recognises that Hong Kong's financial sector has continued expanding robustly, even during the pandemic. It also commends that Hong Kong has made significant progress in addressing climate change in the past decade and recognises the Government's ongoing efforts to enhance the green and sustainable finance ecosystem," Ms Mo continued.

Ms Mo highlighted similar recognitions from other global rankings and organisations, including the Fraser Institute, the Global Financial Centres Index and the World Investment Report. In particular, she pointed out a research report named “Hong Kong-Canada Economic Ties” published by the China Institute of University of Alberta and the Canada-China Business Council in January this year.   

The research report stated that Hong Kong has proved resilient, and that economic and business opportunities between Canada and Hong Kong remain abundant and profitable.  It was positive about Hong Kong’s impact on Canada’s economic development in future, and that the future collaboration between the two places may lie increasingly in financial services, transportation, education, food and beverages, and arts and culture. 

Before closing, Ms Mo reiterated the unparalleled advantages of Hong Kong and encouraged Canadian companies to make use of the Hong Kong platform to access the Indo-Pacific markets.

In addition, Ms Mo joined the annual “iPitch case competition” organised by Junior HKCBA on March 20 for university students to compete in teams on business related topics. Ms Mo took the opportunity to give participants an overview of Hong Kong’s latest developments, especially the city's top global rankings in economy and in university rankings. She noted that the Hong Kong Special Administrative Region Government is keen on attracting talents outside the city to work in Hong Kong and highlighted the various admission schemes to the participants. 

Apart from career development, Ms Mo also said that Hong Kong is a top choice for those who plan to pursue further studies because Hong Kong has world renowned universities and various scholarship schemes available for non-local students. Ms Mo encouraged the young people of Canada to apply for the Working Holiday Scheme to acquire living and working experience in Hong Kong, and choose Hong Kong as a destination to develop their careers or further their studies. 

March 21, 2022