International Financial Centre

  • Strengthen financial cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and promote the Cross-boundary Wealth Management Connect Scheme
  • Upgrade the Central Moneymarkets Unit, expand fixed-income market services, including more Renminbi (RMB)-denominated products and enhance cross-boundary payment systems
  • Explore expansion of Bond Connect (Southbound Trading)
  • Enhance the New Capital Investment Entrant Scheme to allow investment in high-end residential properties
  • Review the insurance capital regime and establish a policyholder protection scheme.
  • Develop an international gold trading market and world-class gold storage facilities
  • Forge closer financial co-operation with ASEAN and Middle East markets
  • Work with the sector on the proposal to increase the types of transaction eligible for tax concessions for funds and family offices.
  • Study the full portability of MPF which will allow employees to transfer the accrued benefits derive from their employer’s mandatory contributions
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International Shipping Centre

  • Establish a Maritime and Port Development Board to enhance research and talent development in the maritime industry
  • Promote tax concessions to attract shipping companies and expand marine insurance offerings
  • Implement incentives for vessels meeting emission standards and develop green fuel bunkering facilities to advance the development of a Green Maritime Centre

International Trade Centre

  • Collaborate with InvestHK and HKTDC to attract Mainland enterprises and enhance export credit insurance services to build high value-added supply chain services
  • Global Economic Networks: Sign trade agreements and expand the Economic and Trade Offices network to emerging markets
  • Promote the development of the Headquarters Economy to facilitate company re-domiciliation and attract strategic enterprises to set up headquarters in Hong Kong
  • Reduce the duty rate for liquor to promote liquor trading and related economic activities

International Aviation Hub

  • Enhance the aviation network and support local and non-local airlines to expand routes
  • Complete the Three-Runway System and develop a world-leading Airport City
  • To enhance air cargo competitiveness, Phase 1 of Hong Kong International Airport Dongguan Logistics Park developments have been completed and planning for Phase 2 is underway

Expand International Economic and Trade Networks

  • Deepening of Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA): Widen collaboration in sector such as construction, and testing and certification, as well as financial, film and television services, legal, and more, by adopting new measures for service trade liberalization between the Mainland and Hong Kong
  • Investment Agreements: Engage in negotiations with countries like Bangladesh, Egypt, Peru, and Saudi Arabia to forge comprehensive investment agreements
  • Belt & Road Initiatives: Organize the Belt & Road Cross-professional Forum to showcase and promote Hong Kong’s professional services and investigate the potential for creating a Capacity Building Centre dedicated to the Belt & Road initiative

Regional Centre for Legal and Dispute Resolution Services

  • Launch the Hong Kong International Legal Talents Training Academy to promote legal exchanges
  • Establish the International Organisation for Mediation headquarters and promote community mediation initiatives
  • Explore the establishment of a system for addressing sports-related disputes

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