A series of lectures on Hong Kong’s development was recently presented at the Qianhai International Talent Hub and were hosted by the Qianhai Authority.

Cao Erbao, former head of the Research Department of the Liaison Office of the Central Government in Hong Kong, Wang Chunxin, a senior economic researcher of Bank of China Group in Hong Kong, and Huang Guangyang, chief executive officer of Hong Kong Logistics and Supply Chain Multi-Technology R&d Center were invited to lecture.

The lectures focused on topics such as “Hong Kong’s strategic position,” “Hong Kong’s development as a financial center” and “Hong Kong’s advantages in the business environment.” They celebrated the 25th anniversary of Hong Kong’s return to the motherland and guided the students to study and think about how to comprehensively enhance Shenzhan-Hong Kong cooperation.

Cao said, “Hong Kong leads Asia in terms of smart goods and trade, a simplified tax system and livable conditions. The city is China’s innovation frontier and the most international city in terms of population composition and market players. We need to actively support Hong Kong in integrating itself into China’s overall development and into China’s new development pattern featuring both domestic and international development.”

Wang Chunxin noted that at the conference marking the 25th anniversary of Hong Kong’s return to the motherland, President Xi highlighted Hong Kong’s unique strengths. “Hong Kong’s highly open market conditions and law-based business environment constitute its basic advantages. The ‘one country, two systems’ principle and the development of the city’s financial industry constitute its unique advantages. The mainland has a great deal to do in its learning from Hong Kong’s construction and in exploring financial cooperation and opening up in the Greater Bay Area.”

Wang said that the environment of the world has changed dramatically, and the Greater Bay Area has taken on important responsibilities. “Hong Kong is a free market with no tariffs, free currency circulation and a stable capital market. Hong Kong has the ability to and must redouble its contribution to national development. Going forward, Hong Kong should continue to improve itself and innovate magnificently.”

More than 300 government officials from Qianhai, Nanshan and Bao’an attended the lectures.