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Wednesday, May 18, 2016, 13:59

Summit: A real brainstorm for HK's future

By Luis Liu

Summit: A real brainstorm for HK's future

Top legislator Zhang Dejiang (center) takes a group photo with Tung Chee-hwa, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference (6th from right), HKSAR Chief Executive Leung Chun-ying (6th from left) and other key attendants of the Belt and Road Summit in Hong Kong on Wednesday. (Roy Liu / China Daily)

HONG KONG - The long-awaited Belt and Road Summit opened this morning where Zhang Dejiang, chairman of the Standing Committee of the National People's Congress, delivered a keynote speech to more than 2,000 participants.

The event at the Hong Kong Convention and Exhibition Centre has attracted political leaders, policymakers, representatives from international organizations, business leaders and experts in related trades from all over the world.

At the summit, panelists and participants were expected to discuss new opportunities presented by the Belt and Road Initiative in finance, logistics and maritime transport, professional services, cross-border investment, infrastructure development and international trade, to name a few fields, as well as the unique role that Hong Kong can play.

Addressing the opening session, Chief Executive Leung Chun-ying said the Belt and Road Initiative offers unprecedented opportunities to all territories, including Hong Kong. The "One country, two systems” principle gives Hong Kong unique advantages that can help it serve as a “super connector” between the Chinese mainland and the rest of the world.

The Belt and Road Summit is organized by the HKSAR government, with the Ministry of Foreign Affairs, the National Development and Reform Commission and the Ministry of Commerce as well as People’s Bank of China, as supporting entities.

The one-day summit features a keynote speech by top legislator Zhang Dejiang, a luncheon, a series of panel sessions and concurrent investment and business matching workshops on topics including logistics and transport infrastructure, urban planning and rural development, public utilities and energy, telecommunications as well as international trade and manufacturing.

Several high-level officials from the HKSAR government have speeches lined up during the day. Financial Secretary John Tsang Chun-wah delivered a speech at the luncheon, Secretary for Commerce and Economic Development Gregory So Kam-leung will speak at a session titled “Investment in Belt and Road Countries: Policymakers’ Perspective”, and Secretary for Financial Services and the Treasury Ceajer Chan Ka-keung will be a panelist at the afternoon session titled “Enhancing Cross-sector Connectivity Along the Belt and Road”.

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