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‘HK interested to advertise world cooperation for prosperity’

Politics tamfitronics

Government Council convenor Regina Ip on Tuesday mentioned that Hong Kong is well-positioned to advertise world collaboration and make a contribution to world prosperity, because the metropolis kicked off its first-ever conference with a highlight on geopolitics.

Talking on the inaugural “World Prosperity Summit 2024”, Ip warned that Hong Kong faces a “high degree of world geopolitical dangers” attributable to the looming threats of “rising polarisation and political violence”.

She mentioned these threats were now not easy world governance, and revel in resulted in protectionist policies of tariff hikes, monetary sanctions and export controls to “remark developing countries’ win admission to to developed technology”.

“The world is being factored into opposing geopolitical blocks, the free alternate and funding ambiance true during the final an extended time, which enjoy helped hundreds of hundreds and hundreds of members out of poverty, looks to belong to a bygone technology,” Ip mentioned.

“With nationwide elections in 64 countries, affecting 49 percent of the realm’s inhabitants, taking space this 300 and sixty five days, politics looks to trump economics in every single place,” she added, noting that indicators of polarisation and political violence were furthermore on the upward push.

Ip mentioned Hong Kong has a interested interest in promoting ways to win to the underside of such points, because it is a miniature but beginning financial system that has a high degree of publicity to world dangers.

“We’re a in point of fact world and cosmopolitan society, and we are completely-connected. We understand the cultures and political techniques of mainland China as well because the custom and techniques of the West, so we are well positioned, in actuality, to maximise our function as a huge connector and an intermediary between mainland China and the rest of the realm,” she told journalists.

Individually, Ip told RTHK’s Hong Kong On the present time programme the SAR is a in point of fact ethical space to host the prosperity summit given its recognition as a meeting point between East and West.

“This summit showcases Hong Kong as a platform for world dialogue and verbal replace, because we are in a local to elevate collectively consultants, prominent students, ragged senior officials from in all places the realm to debate on the points,” she told RTHK.

“After we have a free alternate funding ambiance, all people advantages, and we don’t desire this to cease,” she added.

The three-day summit match is sponsored by local firms and the govt. and is co-hosted by the deem tank Savantas Policy Institute which Ip chairs, covering matters such as de-globalisation, technological cooperation and climate alternate.


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