An associate economics professor on Tuesday said hosting the Asia Pacific Economic Cooperation (Apec) Finance Ministers' Meeting would strengthen Hong Kong's role as a super connector and boost international confidence in the city. The remark by Billy Mak of Baptist University came as the meeting, scheduled for Tuesday and Wednesday, is held in Hong Kong for the first time. Speaking on an RTHK programme, he said that hosting the meeting here held great significance for the city. It, Mak said, showed the Apec economies' recognition of Hong Kong as a suitable venue for the meeting. The meeting would also, he stressed, enhance international markets' confidence in the SAR, as well as strengthen the city's role as a super connector. "The meeting provides a two-way dialogue window, which can deepen regional cooperation, particularly in the financial field," Mak said. "It can promote cross-border financial connectivity and benefit the development of offshore renminbi business in Hong Kong." Speaking on the same programme, lawmaker Alan Chan said the meeting had brought in high-end business travellers and benefited local hotels. He added that in addition to the official agenda, the meeting also offered opportunities for sightseeing, dining, shopping and cultural experiences, making it a great chance to showcase Hong Kong. Edited by Tony...
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