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DC reform meetings held

The Government held exchange meetings on the theme of improving the district governance system and reforming the District Councils (DCs) at the Central Government Offices today.   Over 80 Hong Kong Special Administrative Region deputies to the National People's Congress (NPC) and Hong Kong SAR members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) were there to exchange views on improving the district governance system and supporting the District Council election.   Chief Executive John Lee noted that it is the first major citywide election after improving the district governance system and reforming the DCs, and is of particular significance.   He said it also marks the final mile for the full implementation of the principle of “patriots administering Hong Kong” in the district governance structure.   The Chief Executive also noted that the election is of great significance to the good governance and the long-term st

Event to explore new era in fintech

Hong Kong FinTech Week 2023 will be held from October 30 to November 5, with “Fintech Redefined” as its theme.

 

The event will bring together global leaders and fintech innovators to explore the future development of fintech under six key themes.

 

The themes are: global regulations and focuses such as sustainable and green finance; funding, venture capital, and family office investments; artificial intelligence, Web3 and emerging frontiers; opportunities within the Greater Bay Area; Hong Kong’s innovation journey; and showcasing businesses.

 

InvestHK, which organises Hong Kong FinTech Week in collaboration with the Financial Services & the Treasury Bureau, said the event will attract more than 30,000 attendees and garner 5 million online visits from individuals in more than 90 countries. It added that the main physical conference, scheduled for November 2 and 3, will bring together more than 300 distinguished speakers and 540 exhibitors.

 

Acting Secretary for Financial Services & the Treasury Joseph Chan said that Hong Kong’s fintech industry is entering a new era, one where the focus is not solely on technology but also its real-life application.

 

“We are excited to witness this transformation and its impact on the financial ecosystem,” he said.

 

Exhibits at the main conference will include immersive technologies, such as augmented and virtual reality devices, that will demonstrate the potential of the metaverse to connect businesses and promote Hong Kong’s culture.

 

Meanwhile, the cross-boundary Greater Bay Area Day will take place on October 31, presenting opportunities for synergies between Hong Kong and Shenzhen. A forum will be held in Shenzhen, along with tours of Mainland tech giants.

 

Besides the bureau and InvestHK, Hong Kong FinTech Week 2023 is co-organised with the Monetary Authority, the Securities & Futures Commission and the Insurance Authority.


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