Budget Speech

Belt and Road

110. The Belt and Road Initiative marks its seventh year this year.  So far, over 160 countries and international organisations have become partners.  There has been a growing interest in greening infrastructure, debt affordability and exchange rate risks among various parties.  Moreover, RMB will be increasingly used.  We can provide diversified services for Belt and Road projects in the areas of infrastructure financing, green finance, RMB products and services, insurance as well as other professional services.

111. Leveraging Hong Kong's platform function for taking forward Belt and Road projects, enterprises from within and outside the country can set up their regional headquarters here to open up new markets; carry out financing, treasury and risk management activities; and make use of our insurance, legal and dispute resolution services.  Over the past few years, we have introduced an array of policy initiatives to enhance our competiveness and attractiveness in this area.

112. On the other hand, the Government will continue to actively support local enterprises and professional services sectors to go global with Mainland enterprises to tap overseas markets by, among other things, setting up business in the Mainland's overseas Economic and Trade Co-operation Zones.  We will also strengthen ties with overseas markets to seize the opportunities brought about by the Belt and Road Initiative.



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