Xu Zhengyu, Director of the Bureau of Financial Services and the Treasury, will go to Manila, the Philippines next Monday (26th) to attend the 55th Annual Meeting of the Board of Governors of the Asian Development Bank for four consecutive days.
In his blog, he stated that he would seize the opportunity to share Hong Kong's achievements and plans in green finance and post-epidemic sustainable development with representatives from various regions, "to make Hong Kong's financial and financial brand brighter and our story as an international financial center even louder."
Xu Zhengyu pointed out that in addition to tourism and trade, the Philippines also has huge infrastructure needs, and the diversified investment and financing platforms and professional services such as Hong Kong stocks and bonds, coupled with the multi-level connection with the mainland capital market, can meet the local development needs.
He revealed that his grandparents used to run a small shop in Manila to buy and sell coffee beans, and he would visit them in the Philippines when he was a child. Now the Philippines is an important member of the Regional Comprehensive Economic Partnership (RCEP) and a country along the “Belt and Road”. Meeting with local officials and enterprises to identify and develop business opportunities for Hong Kong's financial professional services.
During Xu Zhengyu's absence from Hong Kong, Deputy Director Chen Haolian will act as Director.
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