As China's annual "Two Sessions" meetings spotlight strategies for economic modernization, a Hong Kong advisor emphasized the nation's commitment to high-level opening-up and digital transformation. Clarence Chun Kit Ling, a member of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the Hong Kong Special Administrative Region (SAR), discussed how these policies will shape global connectivity and market opportunities during an interview with CGTN.
Bridging the Mainland and Global Markets
Ling underscored Hong Kong's unique role as a "super connector" between the Chinese mainland and international markets, citing its legal frameworks and financial infrastructure as critical assets. "By leveraging our strengths in cross-border collaboration, we can foster innovation in sectors like green finance and digital trade," he said.
Data Protection in Digital Finance
Addressing concerns over cybersecurity, Ling highlighted proposals to bolster data governance while advancing digital financial systems. His recommendations aim to enhance investor confidence and align with global standards, ensuring secure cross-border transactions.
Why It Matters
With China prioritizing technological self-reliance and sustainable growth, Ling's insights reflect opportunities for multinational businesses and investors. Hong Kong's integration into national development plans could further streamline access to Asia's largest economy, benefiting sectors from fintech to renewable energy.
