HyD celebrates 40th anniversary

Source: Hong Kong Government special administrative region

     The Highways Department (HyD) held its 40th Anniversary celebration ceremony today (June 1). The Financial Secretary, Mr Paul Chan; the Deputy Financial Secretary, Mr Michael Wong; the Secretary for Transport and Logistics, Ms Mable Chan; the Permanent Secretary for Transport and Logistics, Mr Vic Yau; and the Director of Highways, Mr Tony Yau, officiated at the ceremony. Over 300 distinguished guests attended the ceremony, including representatives from the Liaison Office, Executive Council members, over 30 Legislative Council members, heads of bureaux and departments, as well as leaders of the construction industry.

     Officiating at the ceremony, Mr Chan said that over the past four decades, the HyD has been both a participant in and a contributor to Hong Kong’s development. With the concerted and unremitting efforts of the department as well as other government bureaux and departments, Hong Kong has developed an extensive road and railway network spanning the territory and connecting with the Guangdong-Hong Kong-Macao Greater Bay Area. This network has facilitated public mobility, supported economic development, and promoted regional integration. He noted that colleagues have remained steadfast at their posts, monitoring the conditions of roads, bridges, tunnels and street lighting to ensure the smooth and reliable operation of the transport system. He added that the Government will increase investment in public works in the coming years, in particular by expediting the development of the Northern Metropolis so as to pursue infrastructure-led development and create capacity. This will not only lay a more solid foundation for Hong Kong’s long-term development but also open up broader opportunities for the relevant trades. He remarked that enhancing the quality and efficiency of infrastructure development requires technology empowerment to continuously elevate standards in design, construction and maintenance. He expressed the hope that the HyD, together with other works departments, would continue to actively explore the adoption of high-quality Mainland standards and technologies so as to enhance project quality while enabling Hong Kong to act as a “super connector” and “super value‑adder” in aligning national standards, or Guobiao, with international standards and rules, and that the department would continue to uphold its “pioneering” spirit, strive for excellence and work in concert with all sectors of the community to build a more liveable, efficient and convenient city for the public.
 
     Speaking at the ceremony, Ms Chan remarked that roads and railways are the vital arteries that connect a city, and over the past forty years, the HyD team has quietly contributed to the everyday steps people take towards a better life. She pointed out that Hong Kong’s road network has expanded significantly from about 1,323 kilometres when the department was established in 1986 to more than 2,200 kilometres today, representing an increase of 70 per cent. Looking back at the many milestones the HyD has achieved, from the early Island Eastern Corridor, to the Tsing Ma Bridge, the Tung Chung Line, the Airport Express, and Stonecutters Bridge, and more recently completed East Rail Line Cross-Harbour Extension and Central Kowloon Route (Yau Ma Tei Section), as well as the formulation of the Hong Kong Railway Standards, all of these reflect the professional dedication of generations of HyD colleagues and industry partners in their pursuit of excellence. She expressed hope that colleagues of the HyD will continue to adopt a “policy innovation” and “technological innovation” dual-innovation mindset, and play a more active role in integrating into the national development strategy. Through the advancement of strategic projects including the Hong Kong-Shenzhen Western Rail Link, the Northern Link, Tsing Lung Bridge, and the Northern Metropolis Highway, the Government will build a broad network of roads and railways under the “Eight Vertical and Eight Horizontal” layout, fully unlocking Hong Kong’s future development potential, deepening connectivity with the Greater Bay Area, and leveraging today’s planning to achieve Hong Kong’s long-term development.

MOFA response to China’s claims concerning Japan-Philippines negotiations on maritime boundary

Source: Republic of China Taiwan

MOFA response to China’s claims concerning Japan-Philippines negotiations on maritime boundary

May 31, 2026
 
The Ministry of Foreign Affairs (MOFA) strongly refutes assertions made on May 29 by the spokesperson of the Chinese Ministry of Foreign Affairs concerning negotiations between Japan and the Philippines on maritime boundaries between the two countries. The spokesperson said that these negotiations would cover maritime territory of Taiwan and claimed that China enjoyed sovereign rights over such territory in accordance with its domestic laws. MOFA reiterates that China has no right to comment on the territory and appertaining waters of the Republic of China (Taiwan). 
 
In a joint statement issued after their May 28 summit, Japan and the Philippines announced that they had decided to launch formal negotiations to delimit the maritime boundary of the exclusive economic zone and the continental shelf between the two countries in accordance with international law, in particular the UN Convention on the Law of the Sea. 
 
MOFA commends Japan and the Philippines for working to resolve maritime differences through peaceful dialogue and based on respect for international law. This is in line with Taiwan’s consistent approach on such matters. Taiwan looks forward to cooperating with Japan and the Philippines to jointly make concrete contributions to regional peace and stability and the preservation of marine ecology.
 
MOFA reiterates that the Republic of China (Taiwan) has consistently held to the principle of shelving disputes and seeking joint development with regard to settling maritime disputes. Taiwan is willing to work with Japan and the Philippines on the basis of respective bilateral fisheries agreements to advance discussions on sharing maritime resources, maintaining the maritime security of the Indo-Pacific region, and ensuring the sustainable development of marine ecosystems.

MOFA response to transit of Canadian naval vessel through Taiwan Strait

Source: Republic of China Taiwan

MOFA response to transit of Canadian naval vessel through Taiwan Strait

May 30, 2026

Minister of Foreign Affairs Lin Chia-lung welcomes the transit of HMCS Charlottetown, a Halifax-class frigate of the Royal Canadian Navy, through the Taiwan Strait from May 22 to 23 and commends Canada for taking concrete action to uphold freedom, peace, and openness in the Indo-Pacific region and demonstrate its firm stance that the Taiwan Strait is indeed international waters.
 
The passage of HMCS Charlottetown marked the first time a Canadian warship had transited the Taiwan Strait this year and the eighth time since Canada published its Indo-Pacific Strategy in November 2022.
 
The government of Taiwan will continue to strengthen its self-defense capabilities and deepen exchanges and cooperation with democratic partners to jointly safeguard the rules-based international order and maintain peace, stability, and prosperity across the Taiwan Strait and the Indo-Pacific region.

MOFA response to joint statement by Japanese Prime Minister Takaichi and Philippine President Marcos

Source: Republic of China Taiwan

MOFA response to joint statement by Japanese Prime Minister Takaichi and Philippine President Marcos

May 29, 2026  Minister of Foreign Affairs Lin Chia-lung commends and welcomes the joint statement issued following a summit meeting between Japanese Prime Minister Sanae Takaichi and Philippine President Ferdinand Romualdez Marcos Jr. in Tokyo on the evening of May 28.

The statement emphasized the importance of peace and stability across the Taiwan Strait and encouraged a peaceful resolution of cross-strait issues through dialogue. It marked the first time that the leaders of Japan and the Philippines used a joint statement to express their keen attention to Taiwan Strait issues, showing that safeguarding Taiwan Strait peace and stability is a matter of common consensus among the international community.

In addition to expressing serious concern over the situation in the East and South China Seas and strong opposition to any unilateral attempts to change the status quo by force or coercion, the joint statement announced that Japan and the Philippines, as maritime democracies, would elevate bilateral relations to a comprehensive strategic partnership and further deepen cooperation in such areas as security, maritime affairs, economic development, critical minerals, and supply chain resilience.

Peace and stability across the Taiwan Strait are crucial to security and prosperity across the Indo-Pacific region. As it pursues integrated diplomacy, Taiwan will continue to deepen collaboration with like-minded nations in all areas, working together to uphold the rules-based international order and jointly advance democracy, peace, and prosperous development throughout the Indo-Pacific.

CE begins Kazakhstan visit

Source: Hong Kong Information Services

Chief Executive John Lee today led a joint Hong Kong-Mainland business delegation to Kazakhstan, kicking off an official visit aimed at deepening economic co-operation.  

Mr Lee began the morning by meeting Kazakhstan Deputy Prime Minister & Minister of National Economy Serik Zhumangarin.

During the meeting, Mr Lee highlighted Kazakhstan’s rapid economic growth driven by its ongoing structural reforms. He noted that Hong Kong, as a leading international financial centre, the world’s largest cross-boundary wealth management centre and a premier offshore renminbi business hub is uniquely positioned to support these reforms. The city can provide flexible, diversified capital and asset allocation solutions to fuel Kazakhstan’s infrastructure and economic projects. 

The Chief Executive welcomed Kazakhstan’s government and local enterprises to leverage Hong Kong’s financial advantages. He encouraged them to list, issue bonds and secure project financing in the city to connect with global investors, raise international funds and add value to local development initiatives.

Mr Lee then met Kazakhstan President Kassym-Jomart Tokayev at noon to discuss deepening bilateral relations, before attending an official luncheon hosted by the President. 

The Chief Executive highlighted Kazakhstan’s significance as the birthplace of the Belt & Road Initiative, where President Xi Jinping first proposed the Silk Road Economic Belt in 2013. The country is currently Hong Kong’s largest trading partner in Central Asia, with strong economic and trade ties and broad prospects for future co-operation.

As vital regional trade gateways, both economies are actively driving diversification. Mr Lee noted that Hong Kong, as one of the world’s most competitive economies, bridges the Chinese Mainland and global markets, making it a perfect partner for Kazakhstan’s industrial transformation. 

This visit marks the first overseas trip led by Mr Lee since the formation of the Task Force on Supporting Mainland Enterprises in Going Global. It is also his largest delegation to date, comprising more than 70 business leaders and professionals from Hong Kong and the Mainland. 

The Chief Executive said that he looks forward to reaching multiple co-operation agreements during this mission. The pacts will span trade, investment promotion, financial services, innovation and technology (I&T) and culture and tourism, as well as further exploring emerging markets and strengthening bilateral economic ties.

Mr Lee emphasised that under the “one country, two systems” principle, Hong Kong enjoys strong support from the central government alongside global connectivity. This unique pairing positions the city as a crucial functional platform for the Belt & Road Initiative. 

He added that Hong Kong will continue to leverage its roles as a “super connector” and a “super value-adder”, as it deepens international exchanges and accelerates the growth of new economic sectors. 

He expressed his desire to strengthen two-way co-operation between the two regions. He  encouraged enterprises in Kazakhstan to leverage Hong Kong’s professional services and business advantages to enter the Chinese Mainland and Asian markets. Concurrently, this partnership enables Hong Kong and Mainland firms to go global, capture opportunities from Kazakhstan’s economic reforms and build a corporate presence in Central Asia.

The Chief Executive noted that these joint commercial efforts will inject fresh momentum into the high-quality development of the Belt & Road Initiative.

In addition, Mr Lee visited the Astana Hub, a local technology and innovation park, to learn about Kazakhstan’s latest milestones in artificial intelligence. He met Kazakhstan Deputy Prime Minister & the Minister of Artificial Intelligence & Digital Development Zhaslan Madiyev. 

Mr Lee introduced Hong Kong’s developments in I&T and welcomed Kazakhstan’s technology and innovation enterprises to set up operations in Hong Kong.

He then visited the Astana International Financial Centre (AIFC) to learn about Kazakhstan’s experience in promoting the development of the non-bank financial sector, and met the AIFC Governor Renat Bekturov. 

In the evening, Mr Lee attended a dinner hosted by the Kazakhstan Prime Minister Olzhas Bektenov.

“Ink Art Ensembles” Exhibition Series in the Greater Bay Area – “Illusory Landscapes” staged in Dongguan

Source: Hong Kong Government special administrative region

“Ink Art Ensembles” Exhibition Series in the Greater Bay Area – “Illusory Landscapes” staged in Dongguan  
     Choi merges everyday urban sites in Hong Kong, such as the Yau Ma Tei Wholesale Fruit Market, the Flower Market in Prince Edward and the “Pang Jai” fabric market in Sham Shui Po in a traditional blue-and-green landscapes schema. For the first time, she has employed AI to render details within her scenes, extending static paintings into a narrative of moving images. In the form of painting and animation, Choi’s work “Day and Night of Wholesale Fruit Market” guides viewers through the bustling day and night activities of the fruit market. She also draws inspiration from the meditative process of resinification in agarwood. Recognising nature’s inherent capacity for self-repair, she presents a new series of abstract ink albums: “A Suite of Withering and Renewal” and “The Visions of Withering and Renewal”.
 
     Wen uses a fusion of the Chinese Intangible Cultural Heritage of paper sculpture and traditional lantern-making techniques to stage a spectacle of fantastical creatures and landscapes. Through the interplay of light, shadow and mirrored surfaces, she creates a perceptual experience that vacillates between reality and illusion. Her installation artwork “Mirrored Wings” features a four-winged bird. As viewers move, the reflections of the bird’s four wings multiply into layered traces of feathers, creating an expanding visual illusion between the physical form and its mirrored image. At the centre of the installation “Stellar Serpent”, a golden mirrored “star” gathers and reflects light, drawing surrounding forms into a cyclical visual relationship between the serpent and the celestial body.
 
     In the collaboration zone of the exhibition, the two artists present an “alternative duet” centred on illusion and perception. In Wen’s “Suspended Mountain”, portions of the mountain are constructed from layers of translucent gauze, inverted to hover in midair. This transforms the mountain from a massive, solid entity into a permeable, lightweight spatial structure. Choi complements this by projecting her animation “The Twilight of Sea Turtle Mountain” onto the mountain. The divine turtle emerges amidst the crags, appearing relaxed and carefree within the interplay of light and shadow, where the creature seems to inhabit a world of its own.
 
     The exhibition is running until July 12 with free admission at the Guancheng Art Museum, located at 5 Gaodi St, Guancheng Subdistrict, Dongguan City. For details, please visit the website of the Art Promotion Office www.apo.hk/en/web/apo/there_ink_art_ensembles_illusory_landscapes.html 
     The exhibition is also one of the activities in the Chinese Culture Promotion Series. The LCSD has long been promoting Chinese history and culture through organising an array of programmes and activities to enable the public to learn more about the broad and profound Chinese culture. For more information, please visit
ccpo.gov.hk/enIssued at HKT 15:20

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Government launches Future Innovative Logistics Acceleration Scheme to promote digitalisation of logistics trade

Source: Hong Kong Government special administrative region – 4

The Government today (June 1) launched the Future Innovative Logistics Acceleration Scheme (FILAS) to spur the development of information technology (IT) onboarding solutions that facilitate logistics enterprises to use logistics data platforms operated by the Government or public organisations, including the Port Community System and the HKIA Cargo Data Platform, with a view to promoting digitalisation of the industry.

A spokesman for the Transport and Logistics Bureau said, “The level of digitalisation of some logistics enterprises, especially the small- and medium-sized ones, is relatively low, which presents an obstacle for them to use existing logistics data platforms. By encouraging the development of innovative IT onboarding solutions through FILAS, we hope to bridge the digital divide and facilitate the wider use of logistics data platforms by the industry, thereby enhancing its competitiveness and fostering Hong Kong’s development as an international smart logistics hub.”

As part of the Government’s continual effort in promoting the digitalisation of Hong Kong’s logistics trade, the Financial Secretary announced in the 2026-27 Budget that FILAS would be established under the Pilot Subsidy Scheme for Third-party Logistics Service Providers (Pilot Scheme). The target number of logistics enterprises that will benefit from FILAS is 100.

Under FILAS, third-party logistics service providers (3PLs) may apply for funding support for subscribing to or using pre-approved solutions listed on a white list. Same as the Pilot Scheme, applicant enterprises for FILAS must be non-listed enterprises registered in Hong Kong under the Business Registration Ordinance (Cap. 310) with substantive business operations related to either inbound or outbound third-party logistics services in Hong Kong, and funding support will be provided based on the subsidy ratio of 2 (Government) to 1 (enterprise). Each eligible enterprise may receive funding support of up to $2 million under the Pilot Scheme (including FILAS).

Solution providers may apply for their IT onboarding solution, no matter whether it is developed or under development, to be listed on a white list of pre-approved solutions under FILAS. Solution providers, which must be enterprises registered in Hong Kong under the Business Registration Ordinance (Cap. 310), can submit only one proposal for IT onboarding solution for one or more logistics data platform(s) for inclusion on the white list. As the first stage, FILAS is now open to white list applications with the submission of the first batch of applications closing on June 30, 2026.

White list applications will be subject to a three-tier assessment mechanism, namely, (i) an initial assessment by the Hong Kong Productivity Council (HKPC), the Secretariat of FILAS, on the eligibility of solution providers; (ii) a two-stage technical assessment via preliminary interviews by logistics data platform operator(s) on, among others, the compatibility of the solutions with the platform(s) concerned, their compliance with the relevant security and technical requirements and their relevance to the industry; and (iii) final endorsement by the Management Committee for the Pilot Scheme from the perspective of the alignment of the proposed solutions with FILAS policy objectives and overall benefits to the logistics sector.

Upon inclusion on the white list, such solutions will be deemed capable and practical for helping logistics enterprises to use the specified logistics data platform(s), and can be chosen by interested 3PLs, who can then apply for a subsidy under FILAS for subscribing to or using the solutions.

Details of FILAS are available on the Pilot Scheme’s dedicated website (tplsp.hkpc.org). Interested solution providers may contact the HKPC for enquiries and submission of applications (Tel: 2788 6077; email: tplsp_sec@hkpc.org). 

Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026 to be introduced into LegCo for First Reading and Second Reading

Source: Hong Kong Government special administrative region – 4

The following is issued on behalf of the Legislative Council Secretariat:
 
     The Legislative Council (LegCo) will hold a meeting on Wednesday (June 3) at 11am in the Chamber of the LegCo Complex. During the meeting, the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026 will be introduced into the Council for the First Reading and the Second Reading. The Second Reading debate on the Bill will be adjourned.
 
     On Members’ motions, Mr Ken Wong will move a motion on “Promoting digital education in Hong Kong’s primary and secondary schools to cultivate future digital talents”. The motion is set out in Appendix 1. Mr Chong Ho-fung, Mr Chu Lap-wai, Dr Elvin Lee, Mr Dennis Leung and Dr Junius Ho will move separate amendments to Mr Wong’s motion.
 
     Mr Andrew Fan will move a motion on “Advancing the development of marine economy in Hong Kong”. The motion is set out in Appendix 2. Mr Steven Ho and Mr Lam Wai-kong will move separate amendments to Mr Fan’s motion.
 
     Members will also ask the Government 22 questions on various policy areas, six of which require oral replies.
 
     The agenda of the above meeting is available on the LegCo Website (www.legco.gov.hk). Members of the public can watch or listen to the meeting via the “Webcast” system on the LegCo Website. To observe the proceedings of the meeting at the LegCo Complex, members of the public may call 3919 3399 during office hours to reserve seats.

Trending Mainland cosmetics brand JudyDoll opens first Hong Kong store, leveraging Hong Kong to further expand into new overseas markets

Source: Hong Kong Government special administrative region

Trending Mainland cosmetics brand JudyDoll opens first Hong Kong store, leveraging Hong Kong to further expand into new overseas markets       
     The Mainland cosmetics industry continues to grow at pace, with all-channel transaction value surpassing RMB1.1 trillion in 2025, maintaining its leading position in the world’s cosmetics markets. Mainland cosmetics brands have lifted their domestic market share to nearly 60 per cent, winning the affection of young consumers through deep engagement on social media.
      
     The Deputy Head of Consumer and Hospitality of InvestHK, Miss Angelica Leung, said, “We welcome JudyDoll opening its first physical store in Hong Kong. We look forward to the fresh makeup experience and culture brought by JudyDoll’s physical store, alongside its creative online interactions, adding new vibrancy to this city as an international trend hub. We hope the brand will leverage Hong Kong as a go-global platform and further expand into new overseas markets.”
      
     The Senior Sales and Marketing Manager of JudyDoll Hong Kong, Ms Clair Chau, said, “Hong Kong is where global trends meet. The city’s vibrant makeup culture is deeply connected to its fashionable spirit. We hope to showcase the brand’s vitality, attitude and aesthetics to a wider range of consumers in Hong Kong’s growing and trusted retail market.”
      
     Founded in 2017 by Shanghai-based Joy Group, JudyDoll appeals to young consumers with its creative use of colour and product quality. The brand also offers Halal-certified products to tap into markets with diverse cultural backgrounds. InvestHK has been providing practical information and support for JudyDoll’s Hong Kong launch, and will continue to support the brand as it grows, including its plan to expand to other core retail districts in Hong Kong. Regarded as a pioneer among Mainland cosmetics brands in expanding into overseas markets, JudyDoll’s footprint spans Japan, Southeast Asia, Australia, Canada, the Middle East and North America.
      
     For more information about JudyDoll, please visit www.judydoll.comIssued at HKT 17:30

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Opening remarks by SFST at Networking Luncheon hosted by Bank of China Kazakhstan in Kazakhstan (English only)

Source: Hong Kong Government special administrative region

Opening remarks by SFST at Networking Luncheon hosted by Bank of China Kazakhstan in Kazakhstan (English only)  
Distinguished guests, ladies and gentlemen,
 
     Salemetsiz be (Kazakh for “Hello”)! With a shared vision of fostering closer collaboration, my delegation and I very much look forward to engaging with our counterparts in Kazakhstan, further deepening our connections, and gaining valuable insights into the opportunities presented by this dynamic market.
 
Trade relations with Kazakhstan
 
     Kazakhstan stands at the very heart of Central Asia and has long served as a vital bridge between East and West along the ancient Silk Road. Today, it continues to play a pivotal role as a key gateway connecting Asia and Europe. With a population of over 20 million and strong economic fundamentals, Kazakhstan is entering a promising new phase of growth, with the International Monetary Fund seeing Kazakhstan’s GDP (Gross Domestic Product) growth at 6.2 per cent last year.
 
     We in Hong Kong attach great importance to building stronger ties with Kazakhstan and also the wider Central Asian region. Last year, the total merchandise trade between Hong Kong and Central Asia reached over US$320 million, representing a significant increase in recent years. This very much reflects not only growing economic advantages and exchanges, but also the stronger potential for deeper collaboration ahead.
 
Hong Kong’s unique advantages
 
     Just now, Mr Sun (Vice Chairman and Chief Executive of Bank of China (Hong Kong) Limited, Mr Sun Yu) mentioned three numbers: one, five and ten. And I am sure all of you as bankers or as corporate investors are all very well versed in numbers. So I will give you one more number to remember, which is also one.

     As all of you may already know, Hong Kong has recently overtaken Switzerland and become the world’s largest cross-boundary wealth management centre, having US$2.9 trillion booked in the city last year, and the amount is expected to continue growing by nine per cent on average annually at least up to 2030. What I want to highlight is not how we top the list but what we are offering and will be offering to the market to sustain this momentum.
 
     As an international financial centre, Hong Kong is uniquely positioned to support Kazakhstan’s continued development. Consistently ranked among the world’s top financial hubs and leading IPO (initial public offering) markets, our deep and liquid capital markets, combined with a robust regulatory framework, offer enterprises from Kazakhstan efficient access to global capital and also a wide range of investment opportunities.
      
     And we are not just complacent about being there. While the global economic landscape is experiencing restructuring with shifting momentum towards the East, Hong Kong has been gearing up to embrace the trend. We reform our listing framework to strengthen market vibrancy and competitiveness. We are also developing new growth areas like the commodities market, in particular gold. A central clearing system for gold, fully backed by the Government, is now in the pipeline for trial operation within this year. We are eyeing not only trading but also full-chain development spanning trading, storage, refinery, and financial instruments. Kazakhstan, as a major global player in the gold industry with rich reserves, surely will be an important partner of ours along our way to build a notable gold market in the Asia time zone.
 
     We are particularly encouraged by the growing financial connectivity between our two sides as highlighted by Mr Sun. A notable example is the issuance of a dim sum bond in Hong Kong by the Development Bank of Kazakhstan, being an important milestone that highlights our role in facilitating cross-border capital flows. And not just equity but also bonds, in terms of issuance through Hong Kong, are most welcome.
      
     Hong Kong is also advancing in areas such as green finance and financial innovation. Last year, the total green and sustainable debt instruments issued in Hong Kong exceeded US$76 billion, maintaining our leading position in Asia. As Kazakhstan pursues its sustainability and also green development agenda, we warmly invite enterprises from Kazakhstan to utilise our platform in Hong Kong to raise international capital and accelerate your transition to a greener economy.
 
The Belt and Road Initiative
 
     Coming to Kazakhstan cannot be complete without really mentioning the Belt and Road Initiative, which was first mentioned by our President (President Xi Jinping) back in 2013. Kazakhstan has emerged as a key partner and an anchor for regional connectivity. In this evolving landscape, Hong Kong serves as a “super connector”, linking the Chinese Mainland with global markets and also facilitating the efficient flow of capital, goods and services, and also particularly, ideas.
      
     This creates a compelling synergy, in which Kazakhstan can serve as a gateway to Central Asia and beyond, while Hong Kong can provide a gateway to ASEAN (Association of Southeast Asian Nations) and other international markets, and to the Chinese Mainland, including the Guangdong-Hong Kong-Macao Greater Bay Area. Together, we can transform enhanced connectivity into concrete business opportunities.
      
     Hong Kong’s strengths extend beyond finance. Our world-class professional services, covering legal, accounting, engineering, risk management and more, are highly recognised internationally. These capabilities can provide valuable support for Kazakhstan’s ambitious projects in infrastructure and urban development.
      
     At the very heart of our partnership are people-to-people bonds. We are building a strong shared Belt and Road talent pool through scholarships, exchanges, and professional programmes that translate exposure into opportunity. Today, while we are here in Astana, there are actually over 500 Kazakhstani students studying in Hong Kong. These young people undoubtedly are forming an important bridge between our two communities.
 
Closing
 
     I once again express my sincere appreciation to Bank of China Kazakhstan for hosting today’s event. There is a beautiful proverb from Kazakhstani culture that perfectly captures why we are here today. It says, “Friendship is an inexhaustible wealth.” I am sure our visit is the start of our enduring journey and bond. I am confident that through continued dialogue and collaboration, Hong Kong and Kazakhstan will unlock new opportunities and build an even stronger and also more prosperous partnership in the years ahead. Thank you.
Issued at HKT 18:00

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