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Hong Kong ought to faucet house financial system, entice extra top-end gatherings: Regina Ip

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Hong Kong ought to faucet house financial system, entice extra top-end gatherings: Regina Ip



Hong Kong can enhance development by tapping into the house financial system and internet hosting extra top-tier worldwide occasions such because the Apec finance ministers’ assembly, the highest adviser to town’s chief has stated.

Regina Ip Lau Suk-yee, convenor of the important thing decision-making Govt Council and chairwoman of the New Folks’s Celebration, additionally proposed a HK$50 million (US$6.4 million) fund on Wednesday to assist younger native musicians and artists practice and compete abroad.

She cited pianist Aristo Sham Ching-tao, who grew to become the primary musician from Hong Kong to win the celebrated Van Cliburn Worldwide Piano Competitors within the US final month.

Ip’s occasion has made submissions to Chief Govt John Lee Ka-chiu forward of his third coverage deal with, which is predicted to be delivered in September.

She stated Hong Kong was “nicely positioned” to pursue the business potential of house, including doing so would complement the low-altitude financial system, which Lee vowed to develop in his 2024 coverage deal with.

“We have now scientists at our universities already engaged in supporting the nation’s open house growth,” Ip stated, describing the suggestion as one in every of her occasion’s key recommendations.

“We’re nicely positioned to supply monetary help, fundraising help … We have now a typical legislation system that may assist our authorities present enter into regulate open house for peaceable makes use of.”



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