Postponed: Paul Chan, Financial Secretary, Hong Kong
This event has been postponed and will be rescheduled.
The Hong Kong Special Administrative Region (SAR) is facing severe and unprecedented challenges, from ongoing political uncertainty to recurring COVID-19 outbreaks. These developments have taken a toll on the local economy, with the city in recession for much of last year. However, the improving Chinese economy is providing cause for some optimism, with the recession showing signs of easing in the final quarter of 2020.
Against this backdrop, Paul Chan, the Financial Secretary, delivered the 2021-2022 Budget to the Legislative Council on 24 February, outlining a record deficit and a package of measures to stimulate growth in new economic areas, including green finance.
To update Corporate Members on the Budget’s initiatives, Asia House will be welcoming Chan for a digital briefing on 19 March. The Financial Secretary will outline the government’s plan for the struggling local economy, and its broader strategy to capture new opportunities – including those presented by China’s rebounding economy. Chan will also discuss the future of Hong Kong as a leading trade and investment hub amid strained international relations, and will outline the opportunities for the business and financial sectors emerging in China’s national strategies, including the Belt and Road Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area Development.
Chan was appointed Financial Secretary on 16 January, 2017. Prior to that, he served as Secretary for Development of the Hong Kong SAR Government from July 2012 to January 2017. Before joining the Government, Chan held a number of public service positions including member of the Legislative Council and Chairman of Legal Aid Services Council.
This briefing is being held exclusively for Asia House Corporate Members. Find out more about Corporate Membership at Asia House.
To register interest in joining this digital briefing, please email Edward Danks: firstname.lastname@example.org