Hong Kong remains firmly committed to open markets and free trade despite rising protectionism and geo-economic fragmentation, Financial Secretary Paul Chan Mo-po said on Friday night.

Speaking at the French Chamber of Commerce and Industry in Hong Kong Gala Dinner, Chan said the special administrative region will continue to offer a predictable, transparent and pro-business environment.

“At the same time, with China being the largest Asian investor in France, Hong Kong has a unique and strategic role to play: As a conduit channeling mainland investments into France, and as a springboard for mainland companies going to Europe,” Chan said.

He said the Hong Kong SAR’s partnership with France was not only growing in scale, but also in depth and diversity.

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With the growing affluence of the Guangdong-Hong Kong-Macao Greater Bay Area and across the Chinese mainland and the Asian region, Chan said there is tremendous potential for French products to expand their presence.

“The appetite for French quality, craftsmanship and style is strong in this region,” Chan said. “With our strategic location, connections and deep understanding of these markets, Hong Kong is the ideal base to bring your ambitions to life.”

He noted the rising number of French businesses establishing their presence in the SAR, with around 360 French companies calling Hong Kong home, many serving as regional headquarters.

“And new frontiers of co-operation are emerging, especially in the area of innovation and technology. With your innovation prowess and a vibrant startup ecosystem, France is actually one of the top sources of start-up founders in Hong Kong,” Chan said.

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He said that a French company, a global leader in aeronautical services, will soon establish facilities in Hong Kong for aircraft dismantling, parts recycling and manpower training.

“This will support our vision to become a regional center for aircraft parts processing and trading,” Chan added.

Chan also noted that, in the first five months of 2025, the SAR welcomed over 64,000 French visitors, a 9 percent increase compared to last year.

“We all eagerly look forward to more interactions. This July, our brand-new Kai Tak Sports Park will host a game featuring the Europa League champion,” Chan said. “Yes, we want better. We're hoping to host the Champions League winner here some time soon. Or perhaps even Les Bleus themselves.”