Published: 09:35, July 10, 2024 | Updated: 12:32, July 10, 2024
HKSAR official: Hainan, HK enjoy broad space for synergy, cooperation
By Xinhua
Clement Woo Kin-man, undersecretary for constitutional and mainland affairs of the Hong Kong Special Administrative Region government, speaks during a policy briefing conference for delegations of “Visit to Hainan Promoting Connectivity between Hainan Free Trade Port and the Greater Bay Area” from the HKSAR, in Haikou, Hainan province, July 9, 2024. (LESLEY LIU / CHINA DAILY)

HAIKOU/HONG KONG - Hainan and Hong Kong need to leverage their respective strengths and complement each other through broader synergy and coordinated development, a Hong Kong Special Administrative Region (HKSAR) official said on Tuesday.

ALSO READ: Hong Kong service providers get easier access to mainland market

The two export hubs can jointly study how to draw investments and there is broad space for cooperation, Clement Woo Kin-man, undersecretary for constitutional and mainland affairs of the HKSAR government, told Xinhua on the sidelines of an ongoing 5-day Hainan visit by a delegation of consular corps and business communities in Hong Kong.

Clement Woo Kin-man said Hainan can give full play to its strengths in medicine, tourism and tech innovation, and Hong Kong can leverage its advantages in professional services to help Hainan enterprises go global

He underscored the necessity to give full play to the institutional advantages of the "one country, two systems", adding that Hong Kong should fully harness its traditional strengths as a hub and a center while striving to establish itself in other new frontiers.

READ MORE: HK's business delegation eyes opportunities, synergy from Hainan visit

As most of the delegation members were making their first visit to Hainan, Woo believed that this Hainan visit in person will allow for a deeper understanding of the Hainan Free Trade Port and greater development progress for both Hong Kong and Hainan through experience sharing.

In June 2020, China released a master plan to build the whole of Hainan Island into a globally influential and high-level free trade port by 2050. Four years on, Hainan has explored a new model of quality development in its opening up to the outside world.

ALSO READ: Mainland offers 'ample new opportunities for HK legal professionals'

Hainan can give full play to its strengths in medicine, tourism and tech innovation, and Hong Kong can leverage its advantages in professional services to help Hainan enterprises go global, Woo said, believing that there is great potential for cooperation.