But he additionally mentioned that he was analyzing the community of 51 workplaces overseas of the HKTDC and underlined the significance of effectively utilizing sources, specifically within the gentle of the federal government’s monetary deficit.
While he mentioned that last selections weren’t made, he confirmed that the variety of workplaces on the mainland would stay the identical.
“The 13 workplaces in continental China are basic for the connection of native companies with worldwide markets, enjoying a job that different locations can’t play,” he mentioned.
In a separate apparition in a radio program, however claimed to have commissioned his staff to determine rising markets appropriate for buying and selling with Hong Kong.
Some African international locations have been thought of by the Council attributable to their nice populations and powerful financial improvement, he mentioned.
The former minister mentioned that the Council may discover the expansion potential there and supply assist when it comes to provide and industrial chains to medium-small firms within the space.
But he additionally claimed to be pleased that the previous president of Morgan Stanley Asia Stephen Roach not too long ago “modified his place” after declaring final 12 months that the town was “over”.
In an interview with the submit of this month, Roach mentioned that the town benefited from the cross fireplace between the United States and China, however mentioned that different features of the monetary heart had worsened.
Sunday however mentioned: “If Hong Kong can preserve its benefits, akin to its authorized system, monetary stability, expertise and a free circulate of capital, amongst others, Hong Kong won’t be completely completed”.
“Now, we’ve got confirmed appropriate … because the world modifications, many individuals consider the concept of coming to Hong Kong. The Hong Kong inventory market has been energetic and we see liveliness within the economic system. I hope to have the ability to capitalize our strengths to do properly.”
This entry was printed for the primary time on SCMP.
