Ten year Outlook of the "the Belt and Road" Summit Forum: Cooperation for Change and Co construction of the Future
2025-09-12
The 10th "the Belt and Road" Summit Forum ended in Hong Kong on the 11th. This forum, with the theme of "Cooperation for Change and Building the Future Together", gathered over 6000 participants to explore development opportunities in various fields such as commerce, investment, innovation and technology, and green development. Ten years of hard work have yielded fruitful results and branches. As the flagship project of Hong Kong's participation in and contribution to the joint construction of the "the Belt and Road", the "the Belt and Road" Summit Forum has passed an important milestone in the past decade. Since the first "the Belt and Road" Summit Forum was held in 2016, more than 45000 people from more than 120 countries and regions have attended the forum, promoted more than 2800 "the Belt and Road" projects, and created a common vision through cooperation and connectivity. From a new starting point, all parties expect this important platform to continue to promote Hong Kong's all-round and multi field efforts to deepen connectivity, create more cooperation opportunities, and inject new momentum into the high-quality joint construction of the "the Belt and Road". It is widely believed that the Forum has become an important trade and investment platform for promoting cooperation among Hong Kong, mainland and overseas enterprises in the joint construction of the "the Belt and Road" project. Over the past decade, Hong Kong's role and role have been continuously improved, playing a good role as a "super contact" and "super value-added person" in the joint construction of the "the Belt and Road". Chula Sumano, Secretary General of the Office of Thailand's Eastern Economic Corridor, told Xinhua News Agency that Hong Kong has always been one of the main sources of investment for Thailand's Eastern Economic Corridor. The "Eastern Economic Corridor" will focus on developing emerging fields such as healthcare, digital technology, and green economy in the future, while Hong Kong has gathered funds, talents, and technology from these industries, which can efficiently empower specific projects and help improve the construction of related industrial chains. At present, Hong Kong has signed free trade agreements with 14 countries that jointly built the "the Belt and Road", investment agreements with about 20 economies that jointly built the "the Belt and Road", and comprehensive tax avoidance agreements with 37 tax jurisdictions that jointly built the "the Belt and Road". In 2023, Hong Kong's outward direct investment in jointly built countries will exceed 133 billion US dollars, which is 3.6 times that of 2013. In 2024, the trade volume of goods between Hong Kong and co building countries reached $276.1 billion, an increase of nearly 78% compared to 2013. About 1400 companies from countries jointly building the "the Belt and Road" have established bases in Hong Kong. The financial sector is also full of highlights. The Hong Kong Monetary Authority and the Saudi Arabian Public Investment Fund jointly invest to support the establishment of a fund with a target size of $1 billion. The Development Bank of Kazakhstan issued RMB 2 billion Dim sum bonds in Hong Kong, which is the first RMB bond issued by a government controlled entity in Central Asia. At present, more than 100 enterprises jointly building the "the Belt and Road" have been listed on the Hong Kong Stock Exchange. Hong Kong's professional services industry is comprehensive and in line with international standards. Lin Dingguo, Director of the Department of Justice of the SAR Government, said that Hong Kong could provide "one-stop" legal services covering the whole process of the joint construction of the "the Belt and Road" project, and escort the whole process from the start to the landing of the project. Hong Kong has international, reliable, and high-level legal professionals who are capable of fighting for the maximum benefits for clients. During the forum on adding innovative elements to create new opportunities, "cooperation for change" became a hot topic. Add key project links of co building the "the Belt and Road" to facilitate Hong Kong enterprises and professional services to follow up the business opportunities of ASEAN and Middle East projects; Establish a new focus market segment titled 'Focusing on the Middle East and ASEAN Markets' to explore potential business opportunities; Increase communication elements with young business leaders; The establishment of the "ASEAN Zone" for the first time in the exhibition area has added more new elements to the forum compared to previous sessions, creating more opportunities for cooperation. We need to have an attitude of 'seeking change' and a spirit of 'cooperation'. ”He Lizhi, Commissioner of the the Belt and Road Office of the Commerce and Economic Development Bureau of the Hong Kong Special Administrative Region Government, said. Xu Zhengyu, Secretary for Financial Affairs and the Treasury of the SAR Government, said that Hong Kong provided a safe and efficient way for overseas enterprises to move to Hong Kong, and invited enterprises to use Hong Kong as a strategic base to promote the development of the "the Belt and Road". It is reported that this forum has generated about 50 memorandums of cooperation between the government and enterprises, setting a new historical high. In addition, the investment project section of the forum showcases over 300 investment projects. More than 800 one-on-one project matchmaking meetings have been arranged for the "the Belt and Road" global project matchmaking, which is committed to creating more consultation and cooperation opportunities for participants. Zhu La believes that the "the Belt and Road" Summit Forum has built a good platform for investment attraction for the construction of the "Eastern Economic Corridor". Every year, the participants can "face to face" with hundreds of potential partners from all over the world, which means more mutually beneficial and win-win cooperation. Deepening connectivity and working together to create a better future. Hong Kong Chief Executive Carrie Lam stated that under the "One Country, Two Systems" policy, Hong Kong will continue to deepen international exchanges and cooperation by leveraging its core professional service advantages such as being an international financial and trade center, legal and aviation hub, and serving as an important gateway for Hong Kong to "bring in" and "go out". It is expected that the the Belt and Road Summit Forum will continue to promote Hong Kong's all-round and multi field efforts to deepen the connectivity of the the Belt and Road countries and lay a solid foundation for future international cooperation. Renate Berkoturvov, President of Astana International Financial Center in Kazakhstan, stated that Hong Kong is connected to global financial markets, has strong financing capabilities, and a mature regulatory system, while Kazakhstan provides a gateway to Central Asia and other emerging markets. Currently, over 850 Chinese companies have registered in Astana International Financial Center, with more than 200 new companies added this year. He expected Kazakhstan and China to work together to promote cooperation in energy transformation, green infrastructure, digital innovation and non-governmental exchanges, and jointly shape the pattern of the new stage of the "the Belt and Road Initiative". Not long ago, the World Intellectual Property Organization released the "2025 Global Innovation Index" Top 100 Innovation Clusters, and the "Shenzhen Hong Kong Guangzhou" cluster ranked first in the world for the first time. As a key hub of the global innovation network, many mainland technology enterprises have taken advantage of the Hong Kong platform to "go global" and promote technological innovation in the "the Belt and Road" initiative. Luo Binghong, technical director of Hong Kong Anheng International Co., Ltd., said, "We have significantly reduced the uncertainty and risk of direct shipping by accumulating experience and consolidating the foundation in Hong Kong. At present, we are actively relying on Hong Kong to expand project cooperation and business docking with enterprises in countries that jointly build the" the Belt and Road ", and accelerate the process of the company's" going global "."
Edit:Yao jue Responsible editor:Xie Tunan
Source:XinhuaNet
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