Hong Kong signs 20 cooperation documents with Shanghai to boost ties in digital economy, finance, among other fields
- City leader John Lee says two cities have reached consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development
- Shanghai mayor Gong Zheng says strengthening cooperation with Hong Kong is of ‘great significance’ in promoting respective prosperity and development
Hong Kong has signed 20 cooperation documents with Shanghai to strengthen ties across various industries, following a conference seeking to bring the two cities closer.
Chief Executive John Lee Ka-chiu said on Friday that Hong Kong and Shanghai had reached a consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development, urban and planning management, finance and the digital economy.
Following the Hong Kong-Shanghai Cooperation Conference’s sixth plenary session at government headquarters, the two cities signed 20 documents that focused on strengthening ties in areas including vocational and higher education, scientific research and people training, research and innovation, industrial collaboration, and international arbitration.
The conference was co-chaired by the chief executive and Shanghai mayor Gong Zheng, who led a delegation from his city.
“The sixth plenary session held today is another important milestone in Shanghai-Hong Kong cooperation,” Lee said in his opening speech.
“Hong Kong will continue to leverage its unique advantage of being backed by the motherland and connected to the world under the ‘one country, two systems’ governing principle, continue to deepen cooperation with Shanghai and work together to develop each other’s new quality productive forces, and jointly contribute to the country’s high-quality development.”