Belt and Road Summit unlocks new opportunities for global co-operation

The 11^th Belt and Road Summit, held in Hong Kong on 9-10 September under the theme “Advancing High-quality Development • Embarking on a New Journey”, brought together over 6,000 participants, including more than 100 government and business speakers and over 100 delegations.  More than 60 memorandums of understanding (MOUs) were witnessed during the Summit, with the total value of MOUs, new projects and deals finalised before and during the Summit exceeding US$3.1 billion. Speaking at the opening session, the Chief Executive of HKSAR, Mr John Lee, highlighted Hong Kong’s unique advantages under “one country, two systems”, enjoying the strong support of the country while maintaining extensive international connectivity.  He noted that Hong Kong’s merchandise trade with Belt and Road countries rose by nearly 17% to about US$323 billion last year, while nearly 1,500 companies from Belt and Road countries have established offices in Hong Kong, demonstrating the city’s growing role in promoting connectivity and co-operation under the Belt and Road Initiative.

More details here.

Back