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FS concludes Papua New Guinea trip


Financial Secretary Paul Chan concluded his visit to Papua New Guinea and left for Hong Kong via Brisbane today.

 

In Port Moresby, Mr Chan called on Papua New Guinea?s Deputy Prime Minister and Minister for Treasury Charles Abel.

 

He gave Mr Abel a brief introduction of Hong Kong's business environment, and the latest developments on infrastructure and communications.

 

Mr Chan said Hong Kong is a global financial centre and a hub for offshore renminbi business.

 

He encouraged Papua New Guinea enterprises to leverage Hong Kong as a platform to develop their businesses.

 

Mr Chan then arrived in Brisbane where he attended a dinner with representatives of the local business sector.

 

He updated them on Hong Kong's economic outlook and the latest developments in financial services and infrastructure.

 

Highlighting that Hong Kong and Australia have enjoyed close trade and economic ties, Mr Chan said Hong Kong is actively participating in the Guangdong-Hong Kong-Macao Greater Bay Area development.

 

He expressed hope that both places can tap into the opportunities arising from the bay area initiative.


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