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2017 Hong Kong Summit called for fostering regional cooperation in East Asia

07/14/2017 12:50

Senior commercial officials from East and Southeast Asian nations have called for enhancing regional cooperation to achieve economic prosperity.

They made the pledge at the 2017 Hong Kong Summit on July 11. China’s Deputy Minister of Commerce Fu Ziying, Cambodia’s Minister of Commerce Pan Sorasak, Myanmar’s Minister for Commerce Than Myint, Philippine Secretary of Trade and Industry Ramon Lopez, Dr. Koh Poh Koon, Senior Minister of State, Ministry of Trade and Industry & Ministry of National Development of Singapore, Apiradi Tantraporn, Minister of Commerce of Thailand, Cao Quoc Hung, Vietnam’s Vice Minister of Industry and Trade, and Dody Edward, Special Advisor to the Minister of Trade on International Relations of Indonesia attended and addressed the summit.

The major topics for discussion of the summit include deepening regional cooperation in East Asia, exploring development prospects of East Asian market in new economic situation, as well as digital economy in the region.

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In a keynote speech by Carrie Lam, Chief Executive of Hong Kong, she hailed the “Belt and Road” Initiative offering more business opportunities for Hong Kong. She suggested Hong Kong seize the opportunity to foster cooperation with other countries in the region.

“With the total population that has surpassed 2 billion, the ASEAN nations and China have huge market potentials. We hope ASEAN and Hong Kong can reach a free trade agreement as soon as possible to achieve economic integration, common prosperity and win-win results,” said Carrie.

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When addressing the summit, CCPIT Chairman Jiang Zengwei first congratulated for the 20th anniversary of the transfer of sovereignty over Hong Kong from the UK to China. He noted, it is hard for Hong Kong to develop its economy without the cooperation with East Asia. Hong Kong shall explore the huge market of East Asia to achieve common prosperity with other nations in the region.

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More than 800 government representatives, business delegates from Hong Kong, Chinese mainland, East and Southeast Asian nations attended the summit.

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