Financial Secretary Leads Delegation to Nanjing, Promotes Deeper Hong Kong-Nanjing Financial and Tech Cooperation
Bastillepost · 3 SOURCES1 day ago5 MIN

Summary
Financial Secretary Paul Chan Mo-po led a 30-member delegation to Nanjing on October 12, delivering a keynote speech at Nanjing University to over 200 students and faculty on deepening Hong Kong-Nanjing and Hong Kong-Jiangsu cooperation in finance and technology. Chan highlighted AI's role in reducing business costs and proposed collaboration in industrial software, life sciences, and green technology. Evening meetings with Nanjing officials focused on strengthening economic and innovation partnerships .
Key Points
- Paul Chan Mo-po (陳茂波) addressed approximately 200 Nanjing University students, outlining Hong Kong's economic trajectory and vision for enhanced Jiangsu-Hong Kong cooperation .
- Chan emphasized that AI technology is effectively reducing search and transaction costs while enabling enterprises to restructure operations and create new business models .
- Hong Kong's strengths in finance, technology, professional services, and internationalization can complement Jiangsu's robust industrial base and comprehensive manufacturing ecosystem .
- Specific cooperation areas include supporting enterprises in global expansion through Hong Kong's financial networks, and joint development of industrial software, AI systems, and robotics .
- The delegation visited Nanjing University's Brain-Computer Interface Research Institute to explore collaboration in neuroscience and medical technology applications .
- Evening meetings involved Nanjing Party Secretary Zhou Hongbo (周紅波) and Mayor Li Zhongjun (李忠軍), discussing deeper cooperation in trade, finance, and innovation .
Why It Matters
This visit underscores Hong Kong's strategic role as a gateway for Mainland enterprises seeking international expansion, leveraging the city's financial infrastructure and professional services ecosystem. The proposed collaboration in cutting-edge sectors like brain-computer interfaces and green technology signals evolving economic ties between Hong Kong and Jiangsu Province.
This visit underscores Hong Kong's strategic role as a gateway for Mainland enterprises seeking international expansion, leveraging the city's financial infrastructure and professional services ecosystem. The proposed collaboration in cutting-edge sectors like brain-computer interfaces and green technology signals evolving economic ties between Hong Kong and Jiangsu Province.