'HK needs to use its advantages under BnR'

Secretary for Justice Paul Lam on Wednesday said Hong Kong should make good use of its common law jurisdiction, particularly when it comes to taking advantage of the nation's Belt and Road Initiative. Lam participated in the 16th antechamber meeting, which focused on the Belt and Road Initiative. This monthly informal gathering brings together government officials and lawmakers from the Legislative Council. Speaking to reporters after the meeting, Lam said Hong Kong needs to leverage its strengths. “The central people's government takes the view that Hong Kong in future should focus on firstly enhancing Hong Kong's role as a platform for providing professional services, including, for example, to serve as an international legal service centre,” he said. “And secondly, to promote financial services and to enhance Hong Kong's status as an international financial centre in particular in the area of green finance.” Speaking at the same occasion, Secretary for Commerce and Economic Development, Algernon Yau, said authorities were actively working towards strengthening cooperation with Belt and Road countries. “So the Belt and Road Office is organising all these activities in coordination with the central government for organising visits to the Belt and Road countries, checking the enterprises and the professional services, going abroad and meeting different sectors so that to promote Hong Kong and our advantages,” he explained. Yau noted the government was also working towards joining the Regional Comprehensive Economic Partnership, a wide-ranging free trade agreement.