
City leader emphasizes free trade, cooperation, and global connectivity as Asia navigates shifting economic conditions
Hong Kong will respond to rising global uncertainty by strengthening its commitment to openness, free trade, and international cooperation, Chief Executive John Lee said during his address at the Boao Forum for Asia.
Speaking at the high-level gathering in Hainan, Lee described the current global environment as increasingly complex, marked by geopolitical tensions, supply chain disruptions, and economic volatility.
He stressed that such challenges should not lead to isolation, but instead create opportunities for deeper collaboration, particularly across Asia.
Lee reaffirmed Hong Kong’s role as a leading international financial, trade, and shipping centre, highlighting its unique position under the “one country, two systems” framework.
He said the city combines strong connections to mainland China with global market access, enabling it to act as a bridge between East and West while maintaining a highly open economic system.
He called on economies to resist protectionism and to uphold multilateralism, arguing that shared growth depends on lowering trade barriers, harmonising standards, and facilitating smoother cross-border exchanges.
Hong Kong, he added, would continue to champion these principles through expanded trade agreements and closer regional integration.
Lee also emphasized that Asia remains a key driver of global economic expansion, noting that cooperation within the region can provide stability and momentum at a time when other parts of the world face uncertainty.
He described the Boao Forum as a vital platform for dialogue and partnership, enabling governments and businesses to align strategies and pursue shared development goals.
The remarks come as Hong Kong seeks to reinforce its position as a global hub following recent economic challenges.
Officials have increasingly focused on leveraging the city’s connectivity, legal system, and financial infrastructure to attract investment and talent, while deepening engagement with emerging regional initiatives.
Observers say the message of openness reflects a broader policy direction aimed at ensuring resilience through integration rather than isolation, positioning Hong Kong to benefit from continued growth across Asia’s dynamic economies.
Speaking at the high-level gathering in Hainan, Lee described the current global environment as increasingly complex, marked by geopolitical tensions, supply chain disruptions, and economic volatility.
He stressed that such challenges should not lead to isolation, but instead create opportunities for deeper collaboration, particularly across Asia.
Lee reaffirmed Hong Kong’s role as a leading international financial, trade, and shipping centre, highlighting its unique position under the “one country, two systems” framework.
He said the city combines strong connections to mainland China with global market access, enabling it to act as a bridge between East and West while maintaining a highly open economic system.
He called on economies to resist protectionism and to uphold multilateralism, arguing that shared growth depends on lowering trade barriers, harmonising standards, and facilitating smoother cross-border exchanges.
Hong Kong, he added, would continue to champion these principles through expanded trade agreements and closer regional integration.
Lee also emphasized that Asia remains a key driver of global economic expansion, noting that cooperation within the region can provide stability and momentum at a time when other parts of the world face uncertainty.
He described the Boao Forum as a vital platform for dialogue and partnership, enabling governments and businesses to align strategies and pursue shared development goals.
The remarks come as Hong Kong seeks to reinforce its position as a global hub following recent economic challenges.
Officials have increasingly focused on leveraging the city’s connectivity, legal system, and financial infrastructure to attract investment and talent, while deepening engagement with emerging regional initiatives.
Observers say the message of openness reflects a broader policy direction aimed at ensuring resilience through integration rather than isolation, positioning Hong Kong to benefit from continued growth across Asia’s dynamic economies.














































