The "2025 Hong Kong Macao Shandong Week Opening Ceremony and Shandong Hong Kong Cooperation High Quality Development Promotion Conference" hosted by the People's Government of Shandong Province and the Hong Kong Trade Development Council was held in Hong Kong on the 20th, aiming to introduce new measures and opportunities for Shandong's high-quality development, and promote cooperation in the green and low-carbon fields. The Chief Executive of the Hong Kong Special Administrative Region, Carrie Lam, stated through a video speech that Shandong and Hong Kong will deepen the implementation of Agreement II on the Revision of the Service Trade Agreement between the Mainland and Hong Kong under the Closer Economic Partnership Arrangement (CEPA) on the basis of solid economic and trade cooperation, and work together to promote high-quality trade development. The SAR government will connect Hong Kong as an international trade center and cross-border supply chain hub with Shandong's advantages in innovative technology, industry, agriculture, and traditional culture industries, promote cooperation between the two places, and attract global investors to explore the mainland market. Wang Yuyan, Deputy Secretary of the Shandong Provincial Party Committee, delivered a speech expressing that Shandong is willing to continue deepening exchanges and mutual learning with Hong Kong, comprehensively strengthening cooperation in industrial investment, market development, financial services, technological innovation, cultural exchanges and other fields, and striving to create a new situation of win-win cooperation between Shandong and Hong Kong. Hong Kong Trade Development Council President Fang Shunwen stated that Shandong has outstanding advantages in technological innovation and industrial financing, and is vigorously promoting the integrated development of industrial innovation. Hong Kong has unique advantages such as international talent, scientific research resources, and funding services. The two sides have broad cooperation space in the field of scientific research achievement transformation, which can further promote the deep integration of industry, academia, and research, and provide stronger support for the development of new quality productivity. On the day of the event, the Shandong Provincial Government signed a memorandum of understanding on economic and trade cooperation between Shandong and Hong Kong with the Hong Kong Trade Development Council, and 27 key cooperation projects were signed on-site. On that day, as part of the "2025 Hong Kong Macao Shandong Week" series of activities, the Shandong Hong Kong Traditional Chinese Medicine Industry Promotion Event, hosted by the Shandong Provincial Health Commission, was held in Hong Kong. At the exhibition, 22 units and pharmaceutical companies showcased Shandong's unique products, cutting-edge technologies, and research and development achievements in the field of traditional Chinese medicine in recent years, providing a platform for talent exchange and deep cooperation between pharmaceutical companies in the two regions. The theme of the 2025 Hong Kong Macau Shandong Week is "Promoting Multi Field Cooperation and Promoting High Quality Development Together", which will be held in Hong Kong and Macau from May 19th to 23rd. (New Society)