Hong Kong’s commerce and financial improvement chief will go to Singapore subsequent week in his newest international attraction offensive to bolster bilateral commerce ties as he described the town state as “a pal” quite than “a rival”.
Secretary for Commerce and Financial Growth Algernon Yau Ying-wah informed the Publish in an unique interview that he would spend two days in Singapore, assembly officers as he sought to reframe a persistent narrative of intense competitors between the 2 Asian monetary hubs as a relationship of mutual profit.
“We see Singapore as a pal quite than a rival, as a result of I feel all people is making an attempt to color an image [that] Hong Kong and Singapore are rivals, rivals … [and that] Singapore goes to take over. I don’t assume that’s obligatory,” Yau stated on Friday.
The go to on August 31 is a part of celebrations marking the thirtieth anniversary of Hong Kong’s financial and commerce workplace in Singapore. Yau additionally visited Sydney earlier this month to mark the thirtieth anniversary of Hong Kong’s workplace in Australia.
The Singapore journey is a part of a wider authorities technique of proactive worldwide engagement, which has included officers main delegations to the Center East and different Affiliation of Southeast Asian Nations member nations over the previous yr.
“I feel all people is competing with all people. So what we are able to do is to get into higher understanding and collaboration with one another and complement one another, quite than seeing one another as an enemy,” Yau stated.