Hong Kong Financial Affairs and Treasury Director Xu Zhengyu said that Hong Kong's current economic development momentum is good. This year's annual economic growth has a great opportunity to rely on 5.5%.

According to Sing Tao Daily, Xu Zhengyu made the above statement on the radio program on Sunday (May 14).

Xu Zhengyu said that he is also optimistic about the development of the country, and has consensus with international organizations such as the International Monetary Fund and the World Economic Forum. In the future, global economic growth momentum will come from Asia.He also said that under geopolitical changes, Hong Kong must continue to play the role of China Unicom China and different international sectors.Xu Zhengyu also visited many countries in the UK and Europe to introduce Hong Kong services.

In response to future financial development, Xu Zhengyu emphasized that Hong Kong must strengthen its own competitiveness.He said that the Hong Kong Government has attracted technology companies to go public through the reform and listing system, holds a family office forum, and provides tax width to avoid attracting family office business to Hong Kong.He also mentioned that the Hong Kong government will continue to optimize cross -border financial management and promote green finance and fintech.