business · Hkgov

Belt and Road Summit spotlights Hong Kong growth push

about 2 hours ago2 MIN
Belt and Road Summit spotlights Hong Kong growth push

Summary

The 11th Belt & Road Summit opened in Hong Kong on September 10 under the theme “Advancing High-quality Development • Embarking on a New Journey,” bringing together more than 6,000 participants, over 100 government and business speakers, and more than 100 delegations . More than 60 memoranda of understanding are due to be witnessed during the summit, underscoring its role as a platform for deal-making and regional co-operation . Chief Executive John Lee Ka-chiu said Hong Kong is both deepening ties with traditional partners and widening its network of friends along the Belt and Road . Financial Secretary Paul Chan said ASEAN is becoming a more important partner in technology and industrial upgrading as regional supply chains are reshaped .

Key Points

  • The summit opened on September 10 in Hong Kong as its 11th edition, centred on high-quality, sustainable and innovative development .
  • Organisers said the event gathered over 6,000 participants, more than 100 government and business speakers, and over 100 delegations .
  • More than 60 MOUs will be witnessed during the summit, pointing to expected agreements across business and policy co-operation .
  • John Lee said he led high-level business delegations to 13 Belt and Road countries in ASEAN, the Middle East and Central Asia .
  • Lee said those missions produced over 250 MOUs and agreements covering policy co-ordination, trade and investment, connectivity, and company support .

Why It Matters

For Hong Kong, the summit is being positioned as a practical platform to convert its intermediary role into new trade, investment and partnership opportunities across ASEAN, the Middle East and Central Asia . Lee’s emphasis on a hub-to-hub model also points to how the government wants Hong Kong to link Belt and Road economies with both the Chinese mainland and global markets .

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