HKETO Newsroom

May 15, 2023

HKETO Director shares updates of post-pandemic Hong Kong at CGTCBA’s 25th Annual Gala

Director of the Hong Kong Economic and Trade Office (Toronto), Ms Emily Mo, briefed participants of the latest post-pandemic developments of Hong Kong and invited them to visit the city at 25th Annual Gala hosted by the Confederation of Greater Toronto Chinese Business Association (CGTCBA) held on May 13.

Addressing at the gala, Ms Mo said that as both Canada and Hong Kong are making remarkably recovery from the COVID challenges, new opportunities arose in the Association of Southeast Asian Nations (ASEAN) and the Gulf region in which Hong Kong has an unpanelled role as one of the world’s freest economy, the largest offshore Renminbi hub with the world’s busiest air cargo airport.

“With the launch of different ‘Connect Schemes’ between mainland China and Hong Kong which bring together the capital markets and investors of the mainland China and the world, Hong Kong has much to offer for the financial co-operation between Canada, Indo-Pacific and well beyond,” she said.

She specifically pointed out both Canada and Hong Kong shared a common goal to develop green economy.  “There is a strong and fast-growing green technology ecosystem in Hong Kong and other cities in the Guangdong-Hong Kong-Macao Greater Bay Area,” she said. “Hong Kong is Asia’s first in green financing.  While Canadian government sets a key priority on green economy in its latest Budget, Canadian companies thriving in this area may also look for funding and scale-up opportunities in Hong Kong.”

Ms Mo remarked that Hong Kong has expedited the developments during the pandemic, noting that the city has completed the West Kowloon Cultural District and new airport runway, and is now in the full steam to develop new innovation and technology spaces in collaboration with the city of Shenzhen.

In closing, she said that with the resumption of free travel this year, and the launch of the “Hello Hong Kong” campaign as well as the district administration reform, the Canadian communities are welcome to visit Hong Kong and experience all the new developments and opportunities.

May 15, 2023