Hong Kong Official Urges Deeper Cross-Strait Economic Ties Amid Global Uncertainties
Crhk · 2 SOURCES1 day ago2 MIN
Summary
Financial Secretary Christopher Hui urged stronger economic and trade ties among the Mainland, Taiwan, Hong Kong, and Macau during the Cross-Strait and Hong Kong-Macau Economic Forum on September 15, 2026. Addressing a gathering of regional business leaders, Hui emphasized the need for open and inclusive cooperation amid rising unilateralism and protectionism globally. He outlined Hong Kong's strategic advantages as an offshore renminbi centre and its plans to reinforce its position as an international asset and wealth management hub through targeted policy initiatives. Meanwhile, International Mediation Academy Secretary-General Cheng Jui-ky highlighted the growing international consensus on mediation as a dispute resolution mechanism, with nearly 50 countries now supporting the relevant convention.
Key Points
- Financial Secretary Christopher Hui delivered remarks at the Cross-Strait and Hong Kong-Macau Economic Forum on September 15, emphasizing the importance of deepening economic cooperation amid global economic transformation
- Hui pointed to rising unilateralism and protectionism alongside accelerating technological revolution and industrial transformation as key challenges requiring coordinated regional responses
- Hong Kong plans to leverage its offshore renminbi hub position and strengthen its asset and wealth management centre through optimized listing systems, deeper cross-border renminbi business, and gold commodity market development
- The government and financial regulators have made policy deployments to solidify Hong Kong's international financial centre status and inject new momentum into regional cooperation
- International Mediation Academy Secretary-General Cheng Jui-ky reported that 48 countries have signed and joined the International Mediation Convention, with 17 becoming member states, and received multiple mediation applications
Why It Matters
Hong Kong's strategic positioning as a financial bridge between the Mainland and international markets carries significant implications for regional economic resilience. By expanding its offshore renminbi services, wealth management capabilities, and mediation expertise, the city can offer mainland and Taiwanese enterprises a stable platform for international expansion while attracting global capital to the region .
Hong Kong's strategic positioning as a financial bridge between the Mainland and international markets carries significant implications for regional economic resilience. By expanding its offshore renminbi services, wealth management capabilities, and mediation expertise, the city can offer mainland and Taiwanese enterprises a stable platform for international expansion while attracting global capital to the region .