On the sidelines of the 2024 Financial Street Forum, CGTN reporter Wang Tianyu interviewed Laurence Li, the chairman of Hong Kong’s Financial Services Development Council (FSDC). Li shared his insights on how Hong Kong aims to enhance its position as a leading global financial center by fostering global diversity and expanding its financial services.
Li emphasized the importance of global diversity in the financial sector, highlighting Hong Kong’s unique position as a bridge between the Chinese mainland and international markets. He discussed strategies to broaden financial services, aiming to attract a wider range of global investors and professionals to Hong Kong.
According to Li, fostering diversity involves creating an inclusive environment that welcomes talent and capital from around the world. “We are committed to enhancing our regulatory framework to facilitate innovation and growth,” Li stated.
He also underscored the significance of collaboration with other financial centers to share best practices and promote sustainable development. “By working together, we can address global challenges and harness new opportunities in the evolving financial landscape,” Li added.
Li reiterated Hong Kong’s dedication to maintaining its competitive edge through continuous improvement and adaptation. He mentioned initiatives to support fintech development, green finance, and talent cultivation as key areas of focus.
The interview shed light on Hong Kong’s proactive approach to strengthening its role in the global financial system, aiming to contribute to the growth and stability of international markets.
Li’s insights at the Financial Street Forum reflect Hong Kong’s ongoing efforts to enhance its financial services industry, fostering a more inclusive and diverse global financial community.
Reference(s):
FSDC: Hong Kong to foster global diversity & broad financial services
cgtn.com
