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Chinese vice-premier vows continued support for Hong Kong’s financial hub role

Vice-Premier He Lifeng expresses confidence in city’s prosperity while Chief Executive John Lee promises global investors stability

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Vice-Premier He Lifeng delivers the opening keynote speech at the Global Financial Leaders’ Investment Summit via video link. Photo: Reuters
Willa Wu,Sylvia MaandConnor Mycroft

Chinese Vice-Premier He Lifeng has vowed continued support for Hong Kong in bolstering its role as an international financial centre, while the city’s leader promised stability and certainty for global investors seeking to diversify their assets amid geopolitical tensions.

Speaking at the 2025 Global Financial Leaders’ Investment Summit on Tuesday, He expressed confidence in Hong Kong’s prosperity, stressing that its status as a financial hub was “set to be further consolidated and elevated”.

“The party Central Committee’s proposal for the 15th five-year plan has made important arrangements to support Hong Kong’s development, outlining a brighter future for the city,” He said in an opening keynote speech delivered via video.

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“As China embarks on this new chapter under the 15th five-year plan, Hong Kong will also usher in major new historical opportunities, and its prospects are very bright.”

He called for sustained support for Hong Kong’s development, encouraging participation in the nation’s growth and calling for the injection of “greater stability and positive energy” into the global economic and financial landscape.

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He also highlighted the significance of global financial governance, noting Hong Kong had the potential to drive progress.

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