Davos 2025: HK Financial Secretary Paul Chan on Investment, Tariff

The video discusses the impact of Trump's tariffs on Hong Kong, the need for trade and supply chain realignment, and the potential effects of sanctions. It highlights Hong Kong's strategies for long-term growth, focusing on technology and innovation, and the Greater Bay Area's development. The video also covers Hong Kong's capital market strategies, budget balancing, and taxation policies.

What is one of the roles Hong Kong plays for mainland companies going global?

• Financial competitor

• Risk manager

• Trade barrier

• Market regulator

What is a major focus for Hong Kong's long-term growth strategy?

• Agriculture

• Manufacturing

• Technology and innovation

• Tourism

What is the concern regarding US tariffs on China?

• They will have no impact on Hong Kong

• They will boost Hong Kong's economy

• They may cause financial instability

• They will increase Hong Kong's exports

How does Hong Kong plan to enhance its capital market?

• By closing the market to new entrants

• By reducing foreign investments

• By forming a group to study liquidity

• By increasing tariffs

What is the vision for the Greater Bay Area (GBA)?

• To become a global agricultural hub

• To isolate from international markets

• To rise as a combination of the San Francisco and New York Bay Areas

• To focus solely on manufacturing

What is a guiding principle for Hong Kong's tax strategy?

• Tax exemption for all

• Flat tax rate

• User pay basis

• High tax rates for all

What is a key aspect of Hong Kong's budget strategy?

• Increasing expenditure growth

• Focusing only on foreign investments

• Cutting expenditure growth

• Eliminating all taxes