Hong Kong legislators propose that the government comprehensively coordinate and strengthen investment promotion, review division of labor to avoid duplication of resources.

The 10th "Belt and Road Summit" organized by the Hong Kong SAR Government and the Trade Development Bureau will be held in Hong Kong from September 10th to 11th. The forum brings together political and business leaders from various countries to explore business opportunities, serving as an important platform to deepen economic and trade ties between Hong Kong and countries along the "Belt and Road" initiative. The new issue of the "Special News" was released by the Legislative Council Secretariat on September 9th, just before the summit, focusing on "Expanding Global Economic and Trade Networks". The "Special News" summarizes various suggestions from legislators on expanding global economic and trade networks, including comprehensive coordination and enhancement of investment promotion efforts by the authorities, reviewing and optimizing the division of work and functions of relevant departments and public agencies to avoid overlapping resources; establishing a sound industry chain and supply chain to assist companies in "bringing in" and going out; setting and promoting standards in more fields in the Guangdong-Hong Kong-Macao Greater Bay Area to facilitate Hong Kong businesses to use the preferential measures of CEPA to enter the mainland market; promoting more international routes between Hong Kong and Middle Eastern cities by local airlines to facilitate business and tourism, as well as attracting enterprises and family offices from Belt and Road countries to establish or expand their businesses in Hong Kong. The "Special News" points out that Hong Kong, with its free trade policy, world-class infrastructure, common law system, sound legal system, and the institutional advantage of "one country, two systems," has become one of the most competitive trade centers in the world, and the Hong Kong SAR Government has always been actively expanding its global economic and trade networks. The "Special News" also mentions that Hong Kong is actively expanding trade and investment agreements, having signed free trade agreements with twenty-one economies and investment promotion and protection agreements with thirty-three economies, with negotiations on an investment agreement with Qatar largely completed. Legislative Council members suggest that the Hong Kong government seek to conclude free trade and investment agreements with more economies, especially with ASEAN and emerging markets in the Middle East, and assist Hong Kong businesses in exploring the Latin American market. Furthermore, the Hong Kong SAR Government is actively seeking to join the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, to reduce international trade costs and barriers, which, after joining RCEP, will deepen trade among members, assist them in participating in the Belt and Road initiative, and facilitate access to the Chinese mainland market. The Legislative Council of Hong Kong is also actively seeking support from various parties for Hong Kong to join RCEP as soon as possible, including visits by the Legislative Council President to three ASEAN countries (Malaysia, Indonesia, and Singapore) and Japan for official visits, hosting numerous consuls general and parliamentarians from multiple countries, explaining to them how Hong Kong's participation in RCEP will promote mutual benefit. Members have also suggested that the Hong Kong government focus on promoting related industries that can benefit from RCEP when planning the Northern Metropolis area. The "Special News" also lists several initiatives of the Hong Kong SAR Government to attract investment, such as building a multinational supply chain management center to attract mainland companies to establish international or regional headquarters in Hong Kong to manage offshore trade and supply chains, facilitating mainland enterprises to go global; through the Closer Economic Partnership Arrangement (CEPA) with the mainland, expanding mainland goods and service trade, enhancing Hong Kong's appeal to overseas investors, and making Hong Kong the best springboard for mainland enterprises to go global, while the second revised agreement of the CEPA Service Trade Agreement signed last year makes it easier for Hong Kong service providers to establish businesses and develop operations in mainland China. The "Special News" points out that the Belt and Road initiative is a grand national long-term development strategy, and Hong Kong, with its unique advantages, has become the preferred functional platform for building the Belt and Road initiative. The Hong Kong SAR Government is actively expanding emerging markets along the Belt and Road route, with recent efforts including visits by the Chief Executive to the Middle East to strengthen economic and trade ties, expanding offices worldwide especially in emerging markets, and optimizing the BUD Special Fund to assist companies in expanding overseas markets.