Spotlight|How Hong Kong can contribute to the development of China’s digital economy?

On May 17, the National Committee of the Chinese People's Political Consultative Conference held a special consultation meeting on "promoting the sustainable and healthy development of the digital economy" in Beijing.

Wang Yang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference, emphasized: "Continue to strengthen, optimize and expand the digital economy to make it better serve and integrate into the new development pattern and promote high-quality development." Liu He, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, pointed out that efforts should be made to adapt to the all-round changes brought about by the digital economy and improve comprehensive national strength and international competitiveness.

China attaches great importance to the digital economy, which is currently a major development trend in the world. The "14th Five-Year Plan" clearly proposes to build "Digital China", and the also proposes to strengthen scientific and technological innovation cooperation in the Greater Bay Area. As a major international financial center, combined with the institutional and market advantages of the Greater Bay Area, Hong Kong can synergistically contribute to the development of China’s digital economy.

The Legislative Council of Hong Kong held a meeting on May 18, the import and export functional constituency member Kennedy Wong Ying-ho pointed out that Hong Kong is relatively backward in the development of the digital economy at present. The popularization and application rate is low, and the government lacks corresponding policies and supporting deployment. He suggested that the Hong Kong Government and the Mainland should strengthen cooperation to support the relevant enterprises to accelerate the development of digital economy.

The Secretary for Innovation and Technology, Mr. Alfred Sit Wing-hang, also said that the Hong Kong government has disbursed electronic consumption vouchers to the public twice during the epidemic, which has popularized e-consumption to a certain extent. The digital economy is the current trend of the world's economic development, and a Digital Economy Development Committee should be established to accelerate the transformation and upgrading of digital economy in Hong Kong.

Recently, "The Chinese University of Hong Kong—Zhejiang University Joint Research Center for Digital Economy" was established, which aims to take advantage of the two universities’ advantages to promote cooperative research in the fields of artificial intelligence, platform economy, Digital Yangtze River Delta, Digital Greater Bay Area, digital transformation of enterprises, digital currency and digital governance, and jointly promote the development and innovation breakthroughs in the field of digital economy.

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AICFC co-hosts iProA's Internet Finance Forum successfully completed

Congratulations to iProA on the successful completion of its annual event - Internet Finance Forum! AICFC is honored to be the co-organizer. The event was webcast live with a host of guests including ITB David Chung Wai-keung JP, Honorary President and NPC Deputy, Prof. Witman Hung, President of iProA, Mr. Hendrick Sin, and Vice President of iProA, Ms. Yvonne Wong.

Thank you to all AICFC members and friends for your interest in the development of Internet finance in Hong Kong, and we wish Hong Kong's financial and technological development a great success!

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AICFC SGM 2021 cum Member Friendly Dinner

In Central, AICFC held the 'AICFC SGM 2021 cum Member Friendly Dinner' on 13 August (Friday) at the CGCC Club. Influential financial and business leaders and experts from the Association attended. Dr Bernard Chan, JP, Under Secretary for CEDB was invited to be the special guest of the dinner to meet and exchange views with the members.

Dr Bernard Chan shared with the audience that the country's development in recent years, the Outline of the 14th Five-Year Plan and the country's domestic and international development pattern will provide various opportunities for Hong Kong's different sectors and bring a constant impetus to the Hong Kong economy. Against the backdrop of the rise in trade and the global outbreak of the epidemic, Hong Kong should seize these opportunities and actively integrate into the development of the country, while enhancing Hong Kong's international economic and trade status and giving impetus to its post-epidemic economic recovery.

Under the principle of ‘One Country, Two Systems’, the HKSAR Government will continue to strengthen external ties and explore more opportunities for closer cooperation, enhance economic and trade ties with overseas trading partners, in particular its role as a connecting platform between the Greater Bay Area and ASEAN, and make full use of the ‘One Belt, One Road’ initiative to promote Hong Kong's economic development, so as to continue to play the role of facilitator and promoter.

Dr Owen Chow, Chairman of the AICFC, delivered a speech of thanks at the dinner, reviewing and looking ahead to the 2021/2022 development plan. In response to the challenges brought by the epidemic, AICFC still continues on creating new opportunities for business development in various fields. A US accredited professional certificate was presented to the 2020/2021 CFC Financial Consultants graduates.

Media report at Capital: 特許金融策略師協會AICFC :展望疫後為會員創建新機遇

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AICFC visits Deputy Secretary for FSTB, Joseph Chan Ho-lim

AICFC Chairman Dr. Owen Chow, together with a group of executive council members, went to the Hong Kong Government Headquarters to visit the Deputy Secretary for Financial Services and the Treasury Bureau, Mr. Joseph Chan Ho-lim, to express and reflect on the 2020-2021 financial year, the government's budget, and operations in the financial services industry. 
Thank Mr. Joseph Chan for his time and suggestions again!

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AICFC joining the Forum of 'The Answer For the World' at the Shimao Shenzhen-Hong Kong International Center

Dr Owen Chow, Chairman of AICFC, presented at the Forum of 'The Answer For the World' at the Shimao Shenzhen-HK International Center in Shenzhen on June 16, 2019.

Media Reporting at the Wen Wei Po ( 文匯快訊  18/06/2019 )


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