The 7th WCIFIT | Jacky Chung, director of the Chinese mainland of Hong Kong Trade Development Council: Chongqing and Hong Kong Have Launched 47 Cooperation Projects Across 11 Fields
On May 22, at the venue of the 7th Western China International Fair for Investment and Trade (WCIFIT), Jacky Chung, Director of the Chinese mainland of Hong Kong Trade Development Council, accepted an exclusive media interview. He stated that Hong Kong and Chongqing have a solid foundation for cooperation, having already initiated 47 cooperation projects across 11 fields.
Jacky Chung elaborated that the HKTDC and the Chongqing Municipal Commission of Commerce previously signed a strategic cooperation memorandum, leading to a series of economic and trade collaborations spanning finance, technology, cultural innovation, and participation in the Belt and Road Initiative. In 2023, the establishment of a high-level meeting mechanism between Chongqing and Hong Kong further deepened their cooperation. By 2024, the total trade volume between the two regions exceeded RMB57.5 billion, ranking Chongqing as Hong Kong's largest trading partner among the 12 western provinces, autonomous regions, municipalities and cities.
Regarding industrial development, Chung emphasized the significant untapped potential between Chongqing and Hong Kong. "Chongqing is developing its '33618' modern manufacturing cluster system, while the nation is promoting the deep integration of industrial chains, innovation chains, talent chains, and capital chains. As an international innovation hub and a gathering place for high-end talent, Hong Kong can strengthen collaboration with Chongqing."
Chung noted that Hong Kong serves as the Guest City of Honor at this year's WCIFIT, prompting over 20 Hong Kong enterprises to explore opportunities on-site. He expressed hope that the fair would facilitate deeper cooperation between Hong Kong and Chongqing in services, capital, talent, and technology sectors.
Source: New Chongqing - Chongqing Daily
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