Dr Jonathan Choi attended the Boao Forum for Asia 2018
(13 April 2018)
Wenweipo – From 8th to 11th April 2018, the Boao Forum for Asia 2018 was hosted by Chinese government in Hainan province, China.
Boao Forum for Asia (BFA) 2018’s theme was “An Open and Innovative Asia for a World of Greater Prosperity”. Attended the Forum were key figures such as General Secretary and President of China H.E. Xi Jinping; Prime Minister of Singapore H.E. Lee Hsien Loong, President of the Philippines H.E. Roddrigo Duterte, General Secretary of the United Nations Mr Antonio Guterres, Managing Director of the International Monetary Fund Mrs Christine Lagarde, and more than 2,000 politicians, businessmen, academicians and reporters from all over the world.
On the morning of 10th April, in his keynote speech at the Opening Ceremony of the BFA 2018, Chinese President Xi Jinping promised to continue reforming and opening up China’s economy. Addressing China’s ongoing economic planning, the President announced 4 new initiatives for expanding reform and opening-up, including loosening market access, creating a more attractive investment environment, strengthening protection of intellectual property rights and increasing imports.
Dr Jonathan Choi in an interview after Boao Forum for Asia 2018 organized in Hainan province, China, from 8th to 11th April 2018
Dr Jonathan Choi, Chairman of Sunwah Group, attended the Forum as the Standing Committee Member of the National Committee of the Chinese People’s Political Consultative Conference and the Chairman of the Hong Kong Chinese General Chamber of Commerce. In the interview with reporters after the Forum, Dr Choi shared his views regarding China’s new initiatives. He said, at this year’s BFA, China has shown the world their resolve for reform and opening-up as well as enhance integration to develop China’s economy in line with globalisation.
Dr Choi also shared that, in November 2018, the first China International Import Expo will take place in Shanghai (China). This is an opportunity to increase imported products into China which in turn demonstrates that China welcomes all countries to participate in their domestic market. He underlined that these 4 initiatives will not only benefit China and their partners but also create favourable conditions for Hong Kong.
Additionally, in the interview with CNBC, a US television channel focusing on business news and financial markets in the US and other countries, Dr Jonathan Choi commented that the US – China trade war may leave negative impacts on Hong Kong enterprises, especially the ones that have close connections to Mainland China. Once launched, this war will adversely affect many industries of Hong Kong such as trade, import – export, stock market, exchange rate, etc. He hoped that the US government will take into consideration the benefits of global economic stability to normalise trade relations with China.
Translated from: Wenweipo
