Chen Maobo: Hong Kong is supporting the development of science and technology innovation by building a ‘patient capital’ ecosystem

On March 23, the Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, stated at the China Development Forum 2025 Annual Meeting that while the country actively enhances its foreign trade momentum, Hong Kong will continue to consolidate its relationship with traditional markets such as Europe and America, and make every effort to explore new markets, while also linking up with more mainland provinces to jointly attract investment overseas. At the same time, as more and more mainland enterprises expand their business overseas and lay out their industrial and supply chains in the “global south”, Hong Kong will also seize the opportunity to develop cross-border high value-added supply chain management and trade financing services, providing comprehensive support for overseas enterprises. Chen Maobo also stated that Hong Kong is supporting the development of science and technology innovation by building a “patient capital” ecosystem, including guiding and leveraging market funds to invest in early, small, long-term, and hard technology through Hong Kong Investment Management Limited, cultivating future development momentum, and building a thriving future industry cluster.

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