Policy Address
The HKMA has signed a memorandum of understanding with the Public Investment Fund of Saudi Arabia to establish a US$1 billion new investment fund, catering to enterprises in Hong Kong and other GBA cities looking to expand into Saudi Arabia.
The HKMA will collaborate with organisations such as the Hong Kong Association of Banks, the Hong Kong General Chamber of Commerce and the Federation of Hong Kong Industries to lead delegations of banking representatives and SMEs to explore business opportunities in Southeast Asian markets such as Vietnam, pooling industry strengths to support the "going global" platform.
The Government will leverage the strengths of Hong Kong's exhibition industry and consolidate our position as the ideal platform for Mainland brands to "go global" and for "bringing in" brands from around the world. We will also support the trade to organise more events conducive to brand development.
We will promote the development of carbon audit services to assist enterprises going global to meet international requirements and standards on green trade in respect of carbon emission reduction.
82. The Government will assist the local media to expand their network beyond Hong Kong, telling the good stories of Hong Kong.