Hong Kong finance minister discusses deeper economic cooperation with Saudi counterpart at Davos

Hong Kong’s finance chief discussed how the city can deepen cooperation with Saudi Arabia during a meeting with his Saudi counterpart in Switzerland on January 15, 2024. On his first day at Davos for the World Economic Forum annual meeting, Financial Secretary Paul Chan Mo-po called on Arab firms to use Hong Kong to expand into mainland China and other Asian markets. In his meeting with Saudi Arabia’s finance minister Mohammed Al-Jadaan, Chan hailed the “encouraging progress” in cooperation between the two jurisdictions over the past two years, saying that he looked forward to further boosting bilateral financial and business ties.