Hong Kong’s Financial Secretary Paul Chan Mo-po poses for a photo while attending the World Economic Forum Annual Meeting at Davos, Switzerland on Jan 16, 2023. (PHOTO / HKSAR GOVT)

HONG KONG – Financial Secretary Paul Chan Mo-po will depart for Davos in Switzerland on Sunday night to attend the World Economic Forum Annual Meeting taking place from Jan 15 to 19.

Themed "Rebuilding Trust", the WEF annual meeting 2024 will engage in in-depth discussions on four areas – achieving security and cooperation, creating growth and jobs, artificial intelligence as a driving force for the economy and society, and long-term strategies for combating climate change and achieving carbon neutrality.

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Government leaders, representatives of major international organizations and senior management of enterprises from over 100 countries and regions will attend the meeting.

We will also introduce our new advantages and measures in promoting the development of industries, and encourage businesses to establish a foothold and invest here.

Paul Chan Mo-po, Financial Secretary, HKSAR 

“The current geopolitical situation remains tense, with protectionism and decoupling sentiments rising high in individual countries. With an uneven pace of post-epidemic recovery and growth, global economic outlook still faces many uncertainties,” Chan said in a statement on Saturday. 

At such a time, countries should join hands to promote a more resilient global development, respond to imminent challenges such as climate change, and make development more equitable and inclusive, he added.

During the WEF annual meeting, the financial secretary will attend and speak at several keynote meetings, luncheons and dinners besides meeting political, business and financial leaders.

At the WEF annual meeting, the Hong Kong team will “actively tell the good Hong Kong and China stories”, and explain the city’s economic and social development to clear doubts over the special administrative region, he said. 

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“We will in particular explain the successful implementation and long-standing advantages of the 'one country, two systems,' as well as Hong Kong's unique role in connecting the mainland and the world.” 

The Hong Kong delegation will also introduce Hong Kong’s new advantages and measures in promoting the development of industries, and encourage businesses to establish a foothold and invest in the city, said Chan.

Secretary for Commerce and Economic Development Algernon Yau Ying-wah will participate in certain parts of the program. 

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Other members of the Hong Kong team attending the WEF annual meeting include Chairman of the Airport Authority Hong Kong Jack So Chak-kwong; Chairman of the Hong Kong Exchanges and Clearing Limited Laura Cha Shih May-lung, and Chief Executive Officer of MTR Corporation Limited Dr Jacob Kam Chak-pui.