Wang Jingli

wangjingli0715@163.com

THE Phoenix Financial Forum for the Greater Bay Area 2023 simultaneously kicked off yesterday in Shenzhen and Hong Kong, where invited guests shared insights on topics related to the global economy and the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

The two-day forum, themed “New Space New Drive,” will run through today. It focuses on subjects such as the global economic outlook and the GBA’s capital market.

The forum’s primary goal is to address pressing issues and cutting-edge topics in various fields, including global economy, finance, science and technology, and innovation. Additionally, it aims to share the development experiences of the GBA and foster connections and cooperation between the GBA and the rest of the world.

Lee Ka-chiu, chief executive of the Hong Kong Special Administrative Region, delivered a keynote speech at the forum’s Hong Kong venue yesterday.

He said that Hong Kong is the only city that combines both China’s strengths and global advantages. As a world-leading international financial center, Hong Kong is well-prepared to play a greater role in the financial sector of the GBA and contribute to its high-quality development.

Wang Shourui, deputy mayor of Shenzhen, said in a keynote speech yesterday that Hong Kong and Shenzhen have great potential for cooperation in promoting high-quality development.

Jean-Pierre Raffarin, former prime minister of France, called for enhanced international cooperation to address global challenges in his video speech.

According to Raffarin, the strength and influence of cities like Hong Kong, Shenzhen, Guangzhou and Zhuhai have provided strong support for the development of the GBA.

He encouraged cities in southern China to actively engage in international cooperation, particularly in the areas of regional economic cooperation and finance.