Hong Kong to meet uncertainty with openness, John Lee tells Boao Forum for Asia

Hong Kong Chief Executive John Lee Ka-chiu used his platform at the Boao Forum for Asia Annual Conference in Hainan to deliver a clear message on the city's economic strategy in turbulent times. Addressing the Global Free Trade Port Development Forum, Lee stated that Hong Kong would directly counter the uncertainty fueled by intensifying geopolitical tensions and protectionism with a policy of openness. He framed this not as a solo endeavor but as a collaborative regional effort, asserting that "Regional economies are joining hands to ensure we continue to be a driver of global growth and a pillar of stability." This positions Hong Kong's traditional role as a global financial hub as a deliberate counterweight to isolationist trends.

Lee specifically highlighted the strategic partnership between Hong Kong and the Hainan Free Trade Port, suggesting they will "complement each other and jointly build a powerful engine for free trade." He congratulated Hainan on implementing island-wide special customs operations and business-friendly policies, signaling a coordinated approach within China's broader trade framework. The speech reinforced Hong Kong's official stance as steadfastly committed to multilateral trade, aiming to expand its global network and, alongside mainland and international partners, build a "more complete free‑trade framework." This public commitment at a major diplomatic forum serves to reassure international investors and trading partners of Hong Kong's intended trajectory amidst complex global headwinds.