Vice-Premier Meets HK Delegation

Vice-Premier Wen Jiabao met Tuesday with a delegation of the Hong Kong Association of Banks led by Joseph C. K. Yam, chief executive of the Hong Kong Monetary Authority.

In their talks, the vice-premier praised the government of the Hong Kong Special Administrative Region (HKSAR) for its success in withstanding the impact of the financial crisis in Asia.

Hong Kong has overcome serious difficulties and maintained its prosperity and stability, said Wen, stressing that these have proved the correctness of the principles of "one country, two systems" and "Hong Kong people governing Hong Kong."

He hoped Hong Kong's banking sector would continue to support the HKSAR government headed by Chief Executive Tung Chee Hwa.

The vice-premier also briefed the guests on the mainland's economic development and discussed with them how to develop the financial sector.

The delegates include leading officials of major Hong Kong-based banks.

The delegation arrived in Beijing Monday, at the invitation of the Bank of China. It also plans to visit Shanghai.



People's Daily Online --- http://www.peopledaily.com.cn/english/