Chen Maobo: AIIB members should work together to address challenges and strengthen digital cooperation.

On May 6, Hong Kong Financial Secretary Paul Chan Mo-po spoke at the Board of Governors meeting of the Asian Development Bank (ADB) Annual Meeting in Milan, Italy, pointing out that digital transformation is accelerating at an unprecedented pace. However, in the face of the digital divide, ADB members should work together to address the challenges and strengthen digital cooperation. Paul Chan Mo-po shared China Hong Kong's strategies and action plans for promoting digital transformation, including digital infrastructure, digital transformation, cross-border data flow, and talent development. He also introduced strategies to empower digital development with artificial intelligence, as well as support for digital transformation of small and medium enterprises. Paul Chan Mo-po called on all ADB members to work together to enhance digital governance and strengthen talent development. China Hong Kong is willing to share experiences and technological solutions with ADB members to seize the enormous opportunities of digital transformation and promote sustainable development in the region. Yesterday, Paul Chan Mo-po also met with ADB President Masatsugu Asakawa to discuss international economic and trade situations and regional development issues. Paul Chan Mo-po expressed Hong Kong's support for the work of ADB and willingness to share development experiences in financial innovation, infrastructure financing, green finance, and innovation and technology, and to strengthen personnel training and exchanges with ADB. Yesterday, Paul Chan Mo-po also met with Ilhom Norqulov, Deputy Minister of Economy and Finance of Uzbekistan, and Sulton Rahimzoda, Chairman of the State Committee on Investments and State-owned Property Management of Tajikistan, to exchange views on promoting mutual cooperation. Paul Chan Mo-po stated that as an international financial center, Hong Kong can provide efficient funding matching and related professional services for infrastructure projects in these two countries, as well as project operations. In addition, there is broad cooperation potential in innovation and technology between both sides. Paul Chan Mo-po invited delegations from the two countries to visit Hong Kong to connect with relevant industries and explore cooperation opportunities together.