PRESS RELEASE

The Financial Secretary, Mr Paul Chan (second right), had a bilateral meeting today (October 29) with the Deputy Prime Minister and Minister of Finance of Laos, Mr Santiphab Phomvihane (second left). Photo shows Mr Chan highlighting to Mr Phomvihane the latest developments of Hong Kong as an international financial centre, including its advantages in areas such as capital market, green and sustainable finance, wealth management, global competitiveness and tax policy, as well as the HKSAR Government's initiatives to develop Hong Kong into a global gold trading, clearing and reserve hub. They also explored further collaboration to drive high-quality development along the Belt and Road together. Also in attendance are the Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan (first right), and Deputy Minister of Finance of Laos Mr Soulivath Souvannachoumkham (first left).