HK Plays Key Role in Regional Financial GrowthHong Kong will continue to play an important role in propelling the growth of the regional financial sector by facilitating investors who want to go into the thriving development of China and in Asia, said Peter Wong, chairman of the Hong Kong Association of Banks, Friday.Speaking at the opening ceremony of MoneyWorld Asia -- Hong Kong 2001, Wong said Asia has remained one of the most dynamic economic frontiers in the world, despite a looming economic slowdown in the United States. He said "With its sound economic infrastructure, good banking regime and legal system, Hong Kong is well positioned to benefit from being a strategic hub as China's bridge to the world." Organized by the Trade Development Council (TDC) of Hong Kong, the three-day exhibition is the largest investment education and promotion event in Hong Kong featuring an extensive array of financial products and services from 60 local and international exhibitors. These exhibitors include banks and financial institutions, investment advisors, regulatory bodies, assets management companies and insurance companies. Dennis Yau, acting executive director of TDC, said the event provided a platform for exchanging views and news, strengthening networking among investors, financial service providers and regulatory authorities. "Through these partnerships, our financial sector becomes more competitive and growth-oriented," he added. The event also plays a vital role in investment education. Through participating in the 48 seminars organized along the exhibition, visitors can have access to experts' advice on the performance of various investment markets. |
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