Financial Secretary Paul Chan Mo-po announced that Hong Kong will deepen its ties with emerging economies worldwide, particularly the Global South and Middle East, focusing on finance, innovation, technology, and green transition. In a blog post referencing China’s 15th five-year plan, Chan highlighted the city's goal to build institutionalized connections for mutual development in areas such as green finance, noting that Hong Kong has issued US$20.2 billion worth of green bonds so far this year, ranking first in Asia for eight consecutive years.
Written by the local model on 2026-09-13,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Financial Secretary Paul Chan Mo-po announced that Hong Kong aims to strengthen ties with the Global South and Middle East. This includes expanding connections in areas like green finance, research and development, innovation, and technology. The plan is part of a 15-year national blueprint that supports Hong Kong's growth into an international hub for finance, shipping, trade, and innovation technology. The Global South refers to developing less-industrialized countries primarily located in Africa, Asia, and Latin America.
Written for “Hong Kong Foreign Relations Expansion” on 2026-09-14,
grounded in this article and the 0 other(s) covering the same event.
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No political leaning scored for article 8581 · logged 2026-09-13
Hong Kong to deepen ties with Global South and Middle East, finance chief says
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chief → deepen → South
Financial Secretary Paul Chan says city will build ‘networked, institutionalised’ links with emerging economies, from green finance to research and development
Hong Kong will deepen ties with emerging economies worldwide, expanding connections with the Middle East and belt and road countries, from finance to innovation and technology, according to the finance chief.
uncertain
Kong → say → chief
Financial Secretary Paul Chan Mo-po also said the city aims to build “networked and institutionalised” connectivity with the Global South – a broad term for developing less-industrialised countries, primarily located in Africa, Asia and Latin America.
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city → say → Africa
In his weekly blog post on Sunday, Chan cited the country’s 15th five-year plan, writing: “The nation’s steadfast and all-round support [for Hong Kong] forms the foundation for Hong Kong to accelerate its engagement with the Global South.”
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Kong → cite → South
The 2026-30 national blueprint pledges support for Hong Kong to develop into an international innovation and technology centre, and to consolidate and enhance its status as a global hub for finance, shipping and trade.
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Kong → pledge → finance
“A broader domain of cross-regional cooperation also includes green transition, which requires alignment of standards and rules,” Chan said.
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Chan → include → standards
“Climate change exerts the most direct impact on the Global South, and the substantial financing gap in green transition demands credible standards that allow investors to deploy capital with confidence and precision.”
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investors → exert → confidence
He noted that green and sustainable bond issuance arranged in Hong Kong totalled US$20.2 billion (US$2.57 billion) in the first half of this year, ranking first in Asia for eight consecutive years.
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issuance → note → years
