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Treasury Minister strengthens financial ties with Hong Kong
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Financial Secretary to the Treasury Greg Clark visited Hong Kong from 26 to 27 September to strengthen financial ties with Hong Kong.
The main focus of his visit was to open and deliver a keynote speech to the third London-Hong Kong RMB Forum. This Forum was announced by the UK Chancellor to the Exchequer during a visit to Hong Kong in 2011, and whilst it is facilitated by HM Treasury and Hong Kong Monetary Authority, it is a private sector-led initiative. The theme of his speech focused on the latest trends in expanding the international RMB market, and what London and Hong Kong have to offer.
Aside from speaking at this Forum, Mr Clark called on the Hong Kong SAR Government’s Financial Secretary John Tsang. In addition, he attended a reception and a breakfast event with key stakeholders from the financial services industry and corporates with an interest in trading or operating in RMB.
Alongside these financial services commitments, Mr Clark made some calls relating to his remit as Cities Minister. The goal of the Cities Policy Unit is to work with both cities and government to help cities create new ideas and turn the ideas into successful plans. Mr Clark met with academics from the Building and Real Estate department at Hong Kong Polytechnic University to discuss their latest research and share ideas on the Cities agenda. He also took a tour of the Hong Kong Jockey Club’s innovative heritage and regeneration project at the Central Police Station, and called on senior officials from the Development Bureau and Urban Renewal Authority.
Read more about Mr Clark’s biography and ministerial responsibilities.