Technology and innovation can help Southeast Asian economies to promote food security, green development and social equity, experts said at a regional forum held May 12 in Jakarta. Participants in the 2023 ASEAN Leadership and Partnership Forum also stressed the need for collaboration among various stakeholders across the region in addressing pressing issues. The two-day forum was held after the 42nd ASEAN summit at Labuan Bajo in eastern Indonesia. The forum’s theme, “ASEAN Matters — Centre of Growth, Opportunities & Prosperity”, was organized by the KSI Strategic Institute for Asia Pacific, the ASEAN Business Advisory Council, the Indonesian Chamber of Commerce & Industry (KADIN), the ASEAN Economic Club, and the Foreign Policy Community of Indonesia. It was supported by the Economic Club of Kuala Lumpur and the World Business Chamber. Indonesia’s Minister of Tourism and Creative Economy Sandiaga Uno said the creative industry not only contributes to regional GDP but also creates jobs. Uno, who delivered a special address, said that in Indonesia, digital transformation, along with financial assistance to improve information and communication technology infrastructure, have helped boost the creative industry. Education reforms have helped nurture creative talent. Albert Oung, executive council member and Green Economy chairperson of the UN Economic and Social Commission for Asia and the Pacific’s Sustainable Business Network, said innovative technological breakthroughs can help revitalize the ASEAN economy in the post-pandemic era. “What we need to do is pick the right projects with the right formula and make it ASEAN,” Oung said in an interview held on the sidelines of the forum. Ravindra Ngo, founder and CEO of Singapore-based think tank The Asian Network, said cooperation is one of the main themes of the forum. Ngo, who moderated the afternoon discussion on food security and climate sustainability, summed up one of the key points of the discussion: that stakeholders — including government, business and civil society — must collaborate to promote sustainable policies and practices to mitigate environmental risk and improve access for all. “The three Ps — people, planet and profit — are not enough. We need to add purpose — the purpose to make and contribute to a better world,” Ngo said. He said ASEAN also needs to use technologies and innovations, such as developing a climate-smart agriculture, that will help to make the shift towards agricultural and food systems that are “more resilient, sustainable and productive”. Gavin Chong, president and chief strategy officer of agribusiness firm Gokomodo Indonesia, said the agriculture industry needs long-term solutions. One way to promote a sustainable agriculture sector is to make farming profitable, which would encourage the younger generations to venture into farming. “How can we address that? Let's talk about prices on a monthly basis. Perhaps different associations representing various countries in ASEAN could have a dialogue on a monthly basis to talk about fertilizer prices as one example. Stay in touch on talking about price trends,” Chong said. Joseph D’ Cruz, CEO of the Roundtable on Sustainable Palm Oil, said discussions on agricultural sustainability must include diverse perspectives. In the case of the palm oil industry, D’ Cruz said that the challenge is how to build a sector that meets the demands of climate, sustainability and environmental preservation without sacrificing social development, livelihoods and providing a decent life for rural communities. He added that addressing these concerns also requires that addressing the challenge of providing food that is affordable and sustainable. “It's not an easy question to answer, but I think if we come back to the policy questions we're discussing around food security and climate change and where ASEAN goes in the future, recognizing the need to build a way to look at these realistically from a systems perspective is absolutely critical,” he said. Chhem Siriwat, an advisor for the Council for the Development of Cambodia, said in a panel discussion that digital transformation “is not just about technology, but it’s about change. It’s about a change in mindset, which will lead eventually to a change in behavior”. He said the three main pillars of digital transformation are culture, workforce and technology, and described his experience in helping to craft a national digital technology transformation roadmap for Cambodia. “We came up with three suggestions, the first being to appoint transformational leaders; to be a transformational leader, you have to be innovative, risk-taking,” he said. He added that it’s also important to invest in human resources and digital infrastructure. Yohanes Lukiman, chairperson of KADIN’s Permanente Committee for Asia Pacific, said digital transformation can also support small and medium-sized enterprises, especially those in the informal economy. Lukiman, who is also the board member of the ASEAN Business Advisory Council (ABAC), said ABAC is promoting the use of QR codes as an alternative payment system. “We know that there’s a huge informal economy in ASEAN and we also know that those in the informal economy can’t be paid by (conventional) digital means,” he said. The QR code program “will be a game changer in the digital economy,” Lukiman said. “An Indonesian tourist can go to Pattaya (in Thailand) and buy food from a roadside vendor using his Indonesian e-wallet. MSMEs (micro, small and medium-sized enterprises) in the informal economy can adopt this QR code,” he said.

Emerging as a new growth center of world economy, Southeast Asia has to enhance connectivity and joint action to overcome challenges including post-pandemic recovery, geopolitical tension, climate change and digital disruption, according to participants in a regional forum held on May 12. Arsjad Rasjid, chairperson of the Association of Southeast Asian Nations-Business Advisory Council (ASEAN-BAC), said the ASEAN economy has a “growing impact on global trade”. With a steady rise in GDP for the past few years, ASEAN is now the world's fifth largest economy and the fourth largest exporting region, Rasjid said in his welcome speech at the 2023 ASEAN Leadership and Partnership Forum being held in Jakarta. This has “major implications” on the future of investment inflows and resilience of the global supply chain. “ASEAN is no longer a regional power which sits on the sidelines of the global economy,” Rasjid said, alluding to this year’s theme of the ASEAN summit. ASEAN countries are “broadly regarded as the future base of global production and consumption, or as (the Indonesian) government has defined it, as a new epicenter of growth.” Indonesia is this year’s rotating chair of the regional bloc. The two-day forum is held after the 42nd ASEAN summit at Labuan Bajo in eastern Indonesia. The forum’s theme “ASEAN Matters — Centre of Growth, Opportunities & Prosperity”, was organized by the KSI Strategic Institute for Asia Pacific, ASEAN Business Advisory Council, Indonesian Chamber of Commerce & Industry (KADIN), ASEAN Economic Club, and Foreign Policy Community of Indonesia. It was supported by the Economic Club of Kuala Lumpur and the World Business Chamber. Rasjid, who also serves as KADIN’s chairman, said it is in the best interests of ASEAN to approach the future of its development with “a spirit of togetherness, togetherness and cooperation as a solid community”. Michael Yeoh, chairman of the forum and KSI’s president, said in his introductory speech that ASEAN, as an organization, can only remain relevant to the next generation if there is a “greater sense of purpose, a greater sense of belonging to ASEAN”. This is why people to people connectivity needs to be prioritized. He said this can be done through the conduct of more educational and youth exchanges among ASEAN members. Rasjid and Yeoh’s speeches was a prelude to the morning session which focused on ASEAN connectivity. ALSO READ: ASEAN leaders confident in region being 'epicentrum of growth' One of the panel discussants is Kirida Bhaopichitr, director of Economic Intelligence Service at the Thailand Development Research Institute (TDRI). Kirida said climate change, increasing US-China competition and how artificial intelligence is threatening job security are among the major challenges that the region has to overcome. She said connectivity and collaboration will help the region “survive through this perfect storm”. In dealing with geopolitical tension, for example, Kirida said ASEAN needs to focus on building a resilient supply chain in the region that will make ASEAN a “very attractive” investment destination. She also cited climate change, and how this is “not an individual country issue”. “When there’s forest fire in Indonesia, it affects all the way to Singapore (and) Thailand,” Kirida said, alluding to trans-boundary haze. “If we don’t collaborate to mitigate and adapt to climate change… I don't think we will survive very long.” Kirida said AI is “very disruptive… How can we improve our skills and our technology together in order to weather the storm? I don't think any one country can do that. We don't have enough resources. We just want to contribute more resources together. This kind of connectivity will make us go forward”. Kunihiko Hirabayashi, secretary general of the ASEAN-Japan Centre, said building trust, transparency and co-creation are key to “people-centered collaboration”. He said climate change and environmental degeneration, for example, can’t be resolved by a single country. But by working together, ASEAN and its partner countries can find an “actionable solution”. Lee Sheung Yuen, director general of the Hong Kong Economic and Trade Office in Jakarta, discussed the close relationship between the special administrative region and ASEAN, having been major trading partners for the last 12 years. Hong Kong and ASEAN also have an existing economic and technology cooperation program. Lee said Hong Kong hopes to contribute more in the partnership with ASEAN through its financial, professional services, logistics and transportation sectors. Delia Albert, former Philippine secretary of foreign affairs, has recalled an old report which stated that the concept of ASEAN as a community only exists among academics, journalists and those who participate in ASEAN-related activities. Albert said the idea of a “shared values toward a shared destiny remains to be a wish to be fulfilled. That is the greatest challenge that ASEAN faces”.

Hong Kong’s Finance Secretary Paul Chan Mo-po on Friday highlighted the importance of striking a balance between fintech innovation and risk mitigation in financial regulations to ensure a sustainable ecosystem. Chan delivered a speech on the second day of the annual Digital Economy Summit, which was organized by the Hong Kong Special Administrative Region government and Cyberport. “A healthy, sustainable ecosystem must have a strong immune system — that is, the ability to weed out the bad players, and insulate our financial system and stability from undue impact,” the finance chief noted. “The crux to this is whether we could apply balanced, proportionate regulation that will properly and adequately mitigate pertinent risks, while leaving sufficient room for innovative products and services to break new ground,” he added. Chan voiced confidence in the city's fintech sector, citing the significant surge in the number of fintech enterprises as proof of its growth. The number of fintech firms in the financial hub increased from 180 to more than 800 this year in five-year period, offering innovative services including mobile payments, cross-border transfers, virtual asset trading and blockchain. He said despite the COVID-19 pandemic, Hong Kong has continued to attract world-class talent and entrepreneurs to make the city their home, solidifying the city’s position as a “vibrant fintech ecosystem”. Chan said the proactive approach taken by the government and public sector to spur fintech development includes seed funding programs, investor matching, incubation, and professional support services for fintech startups. These efforts have created an environment in which fintech innovation can flourish, he added. The SAR government, in its 2023-24 Budget, allocated more than HK$700 million ($89.2 million) to accelerate the development of the digital economy, along with over HK$9 million for a series of international initiatives. The two-day summit, themed “Emerging with resilience: Fostering a smarter future”, aims to bring together entrepreneurs, policymakers, and academics worldwide to share their insights on topics such as smart cities, data innovation, fintech, Web3, artificial intelligence and big data, smart mobility, as well as new industrialization.

The Hong Kong Special Administrative Region is gearing up to embrace the digital economy with the support of national strategies and billions of dollars in funding, officials and technology pundits said on Thursday. Hong Kong Chief Executive John Lee Ka-chiu said during the opening ceremony of the Digital Economy Summit that “We are now to start a new chapter of the digital economy.” The two-day event, themed “Emerging with resilience: Fostering a smarter future”, aims to bring together entrepreneurs, policymakers, and academics worldwide to share their insights on topics such as smart cities, data innovation, fintech, Web3, artificial intelligence and big data, smart mobility, as well as new industrialization. Lee struck an optimistic tone about the city’s transition to a digital economy, citing its advantageous geographical location and support from national strategies. “Under the unique principle of ‘one country, two systems’, Hong Kong enjoys the unparalleled advantage of having the strong support of national strategies while being connected with the rest of the world,” Lee said. Lee also noted that the national 14th Five-Year Plan (2021-25) and the development of the Guangdong-Hong Kong-Macao Greater Bay Area are expected to elevate the city’s status as an international innovation hub. He said the widespread adoption of digital technologies had transformed traditional ways of conducting business during the COVID-19 pandemic. “From e-commerce and online education to remote work and smart city innovations, … the digital economy offers a way forward for businesses and individuals, providing opportunities for growth and proceeding in the face of uncertainties,” he said. The SAR government, in its 2023-24 Budget, allocated more than HK$700 million ($89.2 million) to accelerate the development of the digital economy, along with over HK$9 million for a series of international initiatives. Cao Shumin, deputy director of the Cyberspace Administration of China, said in his opening remarks that the digital economy has become an important engine for high-quality development with the advancement of the Greater Bay Area. She said Hong Kong needs to speed up construction of its data center and the intelligent transformation of traditional infrastructure, unleashing the commercial potential of data. “Hong Kong should fully leverage the advantages of the ‘one country, two systems’ principle” to help create an internationally competitive digital industry cluster for the Greater Bay Area, she added. Chen Dong, deputy director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region, said Hong Kong demonstrated its potential for developing the digital economy with the establishment of the Institute of Web 3.0 Hong Kong, the opening of the first InnoEX, and the ongoing summit. What’s more, Hong Kong’s Top Talent Pass Scheme — offering fast-track employment visas for individuals with outstanding educational backgrounds, or those drawing high salaries — received approximately 5,800 global applications in the two weeks after its launch, highlighting the city’s appeal to international talent, he said. The annual summit was organized by the Hong Kong SAR government and Cyberport. Sun Dong, secretary for innovation, technology and industry; and Duncan Chiu, a lawmaker from the Information Technology functional constituency in the Legislative Council; attended the opening ceremony.

Hong Kong Chief Executive John Lee Ka-chiu struck an optimistic tone about the city's transition to a digital economy, citing its advantageous geographical location and support from national strategies. “We are now to start a new chapter of the digital economy,” the city’s leader said on Thursday during the opening ceremony of the two-day Digital Economy Summit. The financial hub is transforming in line with the central government's ambition to increase the nation's scientific and technological capabilities. Lee noted that President Xi Jinping emphasized the importance of innovation in the country's development strategy during last month's 14th National People's Congress in Beijing. “Under the unique principle of ‘one country, two systems’, Hong Kong enjoys the unparalleled advantage of having the strong support of national strategies while being connected with the rest of the world,” Lee said. He also noted that Hong Kong’s digital economy development is supported by the nation’s 14th Five-Year Plan (2021-25) and the development of the Guangdong-Hong Kong-Macao Greater Bay Area, which are expected to help the city become an international innovation center. Lee highlighted that the widespread adoption of digital technologies had transformed traditional ways of conducting business during the COVID-19 pandemic. “From e-commerce and online education to remote work and smart city innovations, … the digital economy offers a way forward for businesses and individuals, providing opportunities for growth and proceeding in the face of uncertainties,” he said. Lee noted the summit is the first in-person mega event in the field of innovation and technology organized by the local government since the financial hub reconnected to the world after the pandemic. The annual event, organized by the Hong Kong government and Cyberport, aims to bring together entrepreneurs, policymakers, and academics to share their insights on topics such as smart cities, data innovation, fintech, Web 3.0, artificial intelligence and big data, smart mobility, as well as new industrialization. Sun Dong, secretary for innovation, technology and industry; Cao Shumin, deputy director of the Cyberspace Administration of China; and Chen Dong, deputy director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region attended the kickoff ceremony.

Coinciding with the resumption of quarantine-free travel between Hong Kong and the Chinese mainland following three years of restrictions, the success of the 16th Asia Financial Forum marked a promising start to Hong Kong’s financial development in 2023, Hong Kong Trade Development Council’s Deputy Executive Director Patrick Lau Hui-ping said. “As the first major international event of the year, AFF brought together thousands of global business leaders, financial and wealth management experts, entrepreneurs, technology giants and economists, far exceeding our expectations,” Lau said. “It’s clear that everyone knows where the real financial opportunities are.” Organized by the Hong Kong Special Administrative Region government and the HKTDC, the AFF kicked off on Wednesday at the Hong Kong Convention and Exhibition Centre. The two-day event was held in physical format with digital extension. Following two years of being held virtually due to the COVID-19 pandemic, this was the first time that the forum had returned to physical format. The forum attracted more than 1,000 participants on the first day, including more than 100 global leaders and officials invited as speakers. “We are delighted to see the tremendous interest from financial and business leaders from around the world in joining the forum and enthusiastically participating in the discussions and activities,” Lau said. “The first day of the forum was a great success. It fully demonstrated the vitality of Hong Kong’s financial industry and reflected the potential of Hong Kong as an international financial center.” This year, more than 40 panel discussions and workshops were held to explore major global issues, such as environmental, social and governance, sustainable development, inclusive capital markets and family office challenges. The forum also featured investment project matching sessions to connect global investors and project owners in order to facilitate more concrete business cooperation. “The AFF has built an exchange platform full of opportunities for all the participants to have closer interaction and create more business opportunities, through which international participants are able to match more business partners in the Hong Kong ecosystem,” Lau said. “It once again showcased Hong Kong as a vibrant international financial and business hub.” Outside the two-way forum, a variety of exclusive travel, food and hotel discounts for overseas delegates were provided by the HKTDC, to enrich their stay in Hong Kong. Regarding the resumption of normal travel between Hong Kong and the Chinese mainland from Sunday, Lau expects to see more Hong Kong companies entering the Guangdong-Hong Kong-Macao Greater Bay Area market to deploy their business in the future. Following the resumption of the normal cross-boundary travel, more initiatives or activities will be introduced this year to help local companies expand in the mainland market, especially in the Greater Bay Area, he said. “Especially as this year coincides with the 10th anniversary of the Belt and Road Initiative, we expect to see closer ties between the two sides.” “The HKTDC will actively promote business cooperation between Hong Kong and the mainland, and leverage the city’s international advantages to serve the country and help mainland enterprises go global.”

The Hong Kong Special Administrative Region plays a crucial role in developing charities in the country, thanks to its unique position as a bridge between the Chinese mainland and overseas, and its access to knowledge from global organizations, panelists said at a panel discussion at the Asian Financial Forum on Thursday. In Hong Kong, "we have the international community and we are the gateway to a huge market on the mainland. So we have the best mix of markets and professionals. (We can get) advice from international organizations with a lot of experience," Secretary-General of Yidan Prize Foundation Edward Ma Yat-ling said at the panel discussion, which was themed "Philanthropy in the Post-pandemic Era" and sponsored by China Daily. Hong Kong "is also a very convenient place to convene for everyone to share ideas, and it's easy to partner with and visit organizations as well," he added. Ma Weihua, chairman of the board at China Global Philanthropy Institute, said that the mainland's charity system can learn from Hong Kong's strengths in its private sector and robust legal system. Mutual communication between the international financial center and the mainland will benefit the development of the country's philanthropy. "Hong Kong people are not only doing good in their own city but are also going north to do charities, helping boost the mainland's public welfare," he said. According to Hong Kong think tank Centre for Asian Philanthropy and Society, donations from local individuals account for 32 percent of the budgets of charities in Hong Kong. In addition to talking about the situations in Hong Kong and on the mainland, Ma also noted there had been significant changes in philanthropy during the pandemic. One was that people's awareness of the need to support charities has been enhanced in the face of global disasters. He said that a charity fund he chairs saw rising donations in the past few years despite facing external headwinds like an exodus of talent. "The number of participants getting involved in charities is growing, illustrating that people increasingly realize they have a shared future," he said. David Fong Man-hung, managing director of Hip Shing Hong (Holdings), said the city is "a good place" to start philanthropy and gain experience as it is a financial center where East meets West. Fong, who is the son of Hong Kong billionaire Fong Yun-wah, said a charity needs to keep reforming itself before it gets disrupted or becomes irrelevant, and be very observant of what the world and society need. These are also reasons why foundations need to connect with peers and get themselves involved in a lot of government activities, so they can stay in touch with society, he said. Fong described the COVID-19 pandemic as a wake-up call for his foundation and business, saying he came to realize that humans are very vulnerable and people's lives are fragile. He added that the company or the foundation could easily lose balance and direction if the chairman of the business or charity were hit by the pandemic. "We need to spend a lot of time and effort preserving that harmonious family relationship as well as cultivating the board cultures. Because once the chairman, particularly the founders, tends to be very dominant, they set the direction, and they set the investment direction as well," Fong said. "Once that is lost, it makes business and charity very difficult. And that's why we are spending a lot of time preparing ourselves for crisis as well as upgrading our governance, and our board members, such that all our values are aligned," he said. "And if the chairman is no longer there, I think the charity will keep running as it was." Daniel Chan Ching-yan, chairman of Po Leung Kuk - a Hong Kong-based social service organization and fundraiser - said there are a lot of rich people who are willing to make big donations, but what they look for are people and organizations that can really do something, rather than just hand out money. "We have been making our role as a unique connector between Hong Kong government, enterprises and other local organizations or NGOs and our local citizens, especially those people that need it," Chan said. The two-day forum, held both in-person and virtually, assembled thousands of top entrepreneurs, senior officials and opinion leaders from over 70 countries and regions to share their insights on issues related to global finance and the economy, and explore cooperation opportunities.

2023年1月12日，由中國日報與亞洲金融論壇合辦題為“後疫情時代的慈善事業發展”的專題研討會於香港會議展覽中心舉行，此次研討會是亞洲金融論壇系列活動之一，吸引到逾百名基金會負責人、慈善機構、企業家及金融、法律界人士參會。 亞洲金融論壇AFF為全球政府、金融及商界領袖提供上佳平台，促進他們交流真知灼見及發掘投資商機。論壇為期兩日，由香港特區政府與貿易發展局合辦，適逢香港與內地首階段免檢疫通關，亞洲金融論壇以實體回歸灣仔會議展覽中心，彙聚各地財金商界領袖親身到場出席。 行政長官李家超在開幕演講時表示，外部因素的不確定性將在今年對香港構成壓力，短期前景可能充滿挑戰，但未來一片光明。在祖國持續支持下，香港作為連接內地與世界其他地區的國際金融中心優勢必將進一步增強。他強調，香港可以為企業和投資者提供良好的營商環境，與國際接軌的法規、資本和人員的自由流動，以及和內地發展深度融合帶來的豐富機遇。 本屆亞洲金融論壇的主題為“推進轉型：創效•共融•創新”，第八任聯合國秘書長潘基文、紐西蘭前總理海倫•克拉克、Global Optimism聯合創辦人及《聯合國氣候變化框架公約》前執行秘書菲格雷斯、盧森堡大公國財政部財政部長Yuriko Backes閣下、菲律賓財政部長Benjamin Diokno、泰國財政部長Arkhom Termpittayapaisith等多個國家及地區的政府官員、金融及商界領袖共同交流探討投資商機。 本次專題研討會已是中國日報亞洲領袖圓桌論壇與亞洲金融論壇的第十二次合作，經歷過兩年的線上論壇，終於在2023年初回歸線下。專題研討會由保良局主席陳正欣博士、協成行發展有限公司董事總經理方文雄先生、一丹獎基金會秘書長馬逸靈先生、深圳國際公益學院董事會主席馬蔚華博士擔任討論嘉賓，共同探討後疫情時代下慈善事業面臨的機遇與挑戰，中國日報亞太分社多媒體總監大衛•克拉克博士擔任主持。 陳正欣提出，很多人都願意捐款，但根據我們的經驗，他們希望捐贈給真正能做點什麼實事的人和組織，而不僅僅是分發一大筆錢。 方文雄認為：“作為一家慈善機構，我們需要不斷自我革新。與此同時，我們需要對世界需要什麼、社會需要什麼保持敏銳的觀察力。這也是為什麼我們需要與許多其他慈善基金會建立聯繫，並參與大量政府活動，這樣我們就可以與社會保持聯繫。我認為這是非常重要的一點。一旦我們失去（與社會的）聯繫，我們就會迷失方向”。 馬逸靈認為，慈善機構應當在後疫情時代緊密合作。我們將更具戰略性地考慮慈善事業的長期影響。 我可以看到亞洲慈善事業正在興起。香港是召集慈善活動，分享想法和合作的最佳場所。 馬蔚華說：“疫情給慈善事業帶來其中一個巨大的變化的領域是數字公益。例如，騰訊公益發起的‘99公益日’，自2019到2021年，在互聯網平臺上的籌款數額從17.83億到30.44億到41.69億（人民幣）。互聯網數位技術打破了過去只有捐款捐物這種模式，拓展了公益的邊界，完善了公益的生態”。 馬蔚華指出，另外，財富管理與公益慈善是緊密相關的，有很多家族辦公室值得關注。特別是疫情後，家族企業的年輕一代迅速崛起，他們將成為新思想的豐富來源，深圳國際公益學院也在積極探索如何為他們提供成長路徑。 當世界各國在努力應對全球大流行病的經濟影響時，緊迫的社會和環境問題開始成為首要問題。慈善不僅僅是捐贈財產，其主要目標是支援那些對社會有積極影響的事業。 今年亞洲金融論壇舉辦超過40場不同形式的討論環節及工作坊，探討環球財金經貿及可持續發展等熱點話題，論壇亦特別增設“環球視野”系列，並續辦“明日對話”及“爐邊對話”環節，讓與會人士可以更宏觀角度，掌握全球最新形勢。 有關中國日報 中國日報是中國國家英文日報，是中國與世界交流資訊的重要管道，已形成全球化、分眾化、多語種、全媒體傳播體系。全媒體用戶總數超過4億。中國日報新聞使用者端擁有180多個國家和地區的3900萬使用者，是我國唯一下載量過千萬的英文新聞用戶端。中國日報在微博、微信、臉譜和推特等海內外社交媒體平台上不斷提升影響力，其中，臉譜帳號粉絲數於2022年10月超過1.05億，位居全球媒體帳號粉絲數第二位。 有關中國日報亞洲領袖圓桌論壇 中國日報亞洲領袖圓桌論壇（www.cdroundtable.com）, 創建於2010年，旨在搭建一個由亞洲國家和地區的政、商、學界領袖和社會精英參與的高端對話和交流平臺，圍繞亞洲地區經濟、商業、產業和社會發展等具有戰略影響的重要議題展開討論和分享見解，以增進中國與亞洲國家和西方國家的交流和理解。迄今，在港澳和亞太多個國家和地區舉辦近110屆，逾6萬名決策精英參會。 有關亞洲金融論壇 亞洲金融論壇AFF為全球政府、金融及商界領袖提供上佳平台，促進他們交流真知灼見及發掘投資商機。超過66,700名觀眾彙聚于2022年的亞洲金融論壇探索引導思維和建立人脈網路，並體驗嶄新的金融科技新一代的商業理念。

Hong Kong is ramping up financial technology innovations and green and sustainable finance initiatives to ensure the city can contribute to the building of a global inclusive, innovative and sustainable economy. Political heavyweights and policymakers made the remarks at the two-day 2023 Asian Financial Forum on Wednesday and Thursday, organized by the Hong Kong Special Administrative Region government and the Hong Kong Trade Development Council, with participants from more than 70 countries and regions. This year’s forum invited more than 100 participants to share their insights on international finance and economy, trade, sustainability and other issues. There were more than 2,000 live participants, with 3,000 others attending the event online. Chief Executive John Lee Ka-chiu said the HKSAR administration has launched two rounds of the Fintech Proof-of-Concept Subsidy Scheme in the past two years to encourage fintech players to test innovative concepts that can boost operational efficiency and expand customer services. “The scheme approved more than 90 projects in 2021, covering key financial service areas such as wealth management, regulatory compliance, insurance and payment. It also funded the trial of robo-advisors and the digitization of anti-money laundering, risk monitoring, client authentication, insurance claims and ESG (environmental, social and governance) technology assessment,” the chief executive said. The funding plan’s second round is still open and more than 120 applications have been received to date, Lee added. With the administration’s efforts to promote fintech, Hong Kong now boasts more than 800 fintech companies, up from about 180 five years ago, providing services from virtual banking, asset management and insurance technology, to robo-advisory, blockchain, digital trading, payments and cybersecurity, he said. “We are working closely with our financial regulators and public agencies to enhance Hong Kong’s fintech infrastructure, provide an enabling regulatory framework, encourage financial innovation and nurture talent,” Lee noted. The Faster Payment System, launched in 2019, is another fintech innovation that helps in promoting financial inclusion in Hong Kong. FPS registrations reached some 11 million in 2022 with more than 80 percent of government departments providing the service as a payment option. The Commercial Data Interchange, launched in October last year, allows enterprises to share their data with banks through a central platform, enabling more convenient financial services. Besides fintech innovation, Hong Kong is eyeing a green and sustainable financing hub status to make a contribution to building a global sustainable economy. Last week, Hong Kong SAR issued $5.75 billion worth of ESG bonds denominated in US dollars, euros and offshore renminbi, the world’s largest ESG bond issuance in Asia to date, and the first issuance of green bonds by an Asian government in a triple-currency offering. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said, “The financial industry is an important part of Hong Kong’s economy, and the industry should not only serve its own interests but can also use capital to benefit society.” The financial services chief added that the recently launched carbon credit trading platform can help Hong Kong to become a hub for green and sustainable finance. Asian Infrastructure Investment Bank President and Chair Jin Liqun concurred, saying “Hong Kong is well placed to become a regional carbon credit trading hotbed matching the financing needs of greenhouse gas reduction projects in the Chinese mainland with global investors and emitters, and the city definitively can play an outsized role in mobilizing financial resources towards Asia’s net-zero transition.” Hong Kong possesses immense potential to emerge as Asia’s green finance hub, Jin argued, with the city’s 67 initial public offerings launched in 2022 whereas 72 percent of the $87.8 billion in capital raised on the Hong Kong Stock Exchange was directed toward new economy ventures. Green and sustainable financing is particularly important for Asia as “the region’s development has been carbon intensive, and the region is also likely to suffer disproportionately from climate change”, argued Theresa Kho, director general of the East Asia Department at the Asian Development Bank. “From 2019 to 2022, the ADB has invested the equivalent of $20.4 billion in climate change projects,” Kho said, adding that the ADB in the future will scale up innovative financing solutions, and set up a community resilience financing partnership facility, to catalyze climate finance. The forum saw the attendance of Ban Ki-moon, the eighth secretary-general of the United Nations; Helen Clark, the former prime minister of New Zealand; and Christiana Figueres, the former executive secretary of the United Nations Framework Convention on Climate Change. Finance chiefs from Luxembourg, Thailand and the Philippines also joined the forum.

Hong Kong may face short-term challenges due to the uncertainty shrouding the global economy, but the future looks bright, thanks to the continuing and wide-ranging support of the country and the "one country, two systems" principle, Hong Kong Special Administrative Region Chief Executive John Lee Ka-chiu said. The chief executive made the remarks on Wednesday at the opening of the two-day 2023 Asian Financial Forum, organized by the HKSAR government and the Hong Kong Trade Development Council, with participants from more than 70 countries and regions attending in the form of 20 international delegations. This year's Asian Financial Forum has invited more than 100 global business leaders, policymakers, financial and wealth management professionals, entrepreneurs, technology innovators and economists to share their insights on international finance and economy, trade, sustainability and other issues. There are more than 2,000 in-person participants, with 3,000 others attending the event online. Lee cited the International Monetary Fund's data that global economic growth is likely to slow from 3.2 percent last year to 2.7 percent this year, with outlook fraught with uncertainty. That external uncertainty will weigh on Hong Kong this year as the city is a small, open and free economy which relies heavily on external trade and investment. "Thanks to the continuing and wide-ranging support of our motherland, Hong Kong's strengths as an international financial center linking the mainland and the rest of the world are primed to proliferate," Lee said. The chief executive also said the city is actively enhancing its strengths as an international financial center, a global offshore renminbi hub and an international asset management and risk management center, under the clear direction of the 14th Five-Year (2021-25) Plan. The city also strives to continue expanding the mutual access between the financial markets of the mainland and Hong Kong. "Thanks to our 'one country, two systems' principle, Hong Kong is blessed with a wealth of prospects, in financial services, in trade and logistics, in innovation and technology, in arts and culture, and much more. So many good stories to tell. So many opportunities to realize," Lee said. READ MORE: HK residents excited to resume dual-city life as border reopens HKTDC Chairman Peter Lam Kin-ngok told the forum: "We need to revitalize and transform so that we will be better equipped to withstand any crises in the future. Global cooperation has become more important than ever and our collective aim is to stimulate growth." The forum included a plenary session focusing on how global cooperation can be strengthened to tackle challenges ranging from the COVID aftermath to supply chain crises, from geopolitical conflicts to soaring costs of living. "By keeping inflation low and stable, we could create an environment that encourages firms and households to do their businesses, promote productive activities and foster innovations," said Zhang Tao, chief representative of the Bank for International Settlements' Representative Office for Asia and the Pacific.

China’s economic recovery will be a significant boost to the global economy, with the Hong Kong Special Administrative Region being an “immediate beneficiary”, a forum heard on Wednesday. Describing the economic challenges faced by the world as “very difficult”, HSBC Holdings Plc Chairman Mark Tucker said at the Asian Financial Forum that China’s reopening and a package of measures to stabilize the property market will be positive for both the country and the globe despite the resurgence of COVID-19 cases. “Hong Kong and the entire Greater Bay Area are likely to be immediate beneficiaries of the Chinese mainland’s reopening and I expect to see a strong recovery from the second quarter onwards,” he said. The sentiment was shared by the chairman of the Agricultural Bank of China, Gu Shu. “China will strive to accelerate economic recovery in 2023 and will begin to achieve faster growth in the second quarter,” Gu said, adding that the priorities will be given to rebooting confidence and expanding domestic demand. Gu said it’s confidence that could provide the basis for promoting development across different sectors such as consumption, the housing market, and investment from private sectors and overseas entities. “The encouraging policies and measures issued recently will help regain confidence and solid ground for China’s economy to grow as a whole,” he said. Gu added that consumption accounts for two-thirds of China’s GDP, and the country’s ongoing efforts to upgrade its industry system will further promote domestic demand. READ MORE: Border reopening with mainland: Lifeline for HK Addressing the same event, Standard Chartered Group Chairman José Viñals said the reopening of China is going to contribute to Asian growth “very significantly”, adding that the Hong Kong SAR will benefit a lot from that. “Hong Kong, with its amazing resilience and vitality, I think it’s going to contribute to spreading that growth coming from China and play an important part in the recovery of Asia,” he said.

Facing a looming climate crisis, officials appealed on Wednesday for more substantial progress to combat climate change by turning existing commitments into decisive and transformational actions. Delivering his welcome remarks at the Asian Financial Forum’s keynote luncheon, Financial Secretary Paul Chan Mo-po said Hong Kong is keen on harnessing its status as an international financial center and strengths in professional services to contribute to global environmental objectives. By taking forward a string of policies and measures, the city is well-poised to address strong demand for sustainable infrastructure and green transitions around the world, Chan said, adding that the amount of green and sustainable debt issued in Hong Kong reached about $57 billion in 2021. Hong Kong’s carbon emissions peaked in 2014. Today, the city is committed to achieving its Climate Action Plan 2050 by reducing total carbon emissions from the 2005 level by half before 2035 and achieving carbon neutrality by 2050. Chan said the special administrative region government is also “working very hard” in many areas for the environment, such as reducing single-use plastic waste and promoting sustainable consumption of biological resources. Addressing the luncheon’s keynote session, former Secretary-General of the United Nations Ban Ki-moon called on the world to be more ambitious and make haste in taking steps to both mitigate and adapt to climate change. “The sea level is rising. Summers are getting hotter and longer. And frequency and intensity of rain and flooding are increasing. Again, in this very beautiful Victoria Harbour, if the sea level is rising at this current level, Hong Kong will be underwater,” Ban said. “This is a scientific warning.” Ban said it was high time to turn international commitments into concrete measures to harness this time of uncertainty as a gateway toward a more sustainable, healthy, and prosperous post-pandemic world. “That is our moral and political responsibility to live on this planet,” he said.