当今全球格局日益破碎。商业争端、相互竞争的技术框架以及大国之间的地缘政治博弈，正促使许多国家寻找依然由稳定、可靠规则管辖商业活动的市场。亚太经合组织（APEC）财长会议在香港成功举行，给出了一个答案。这座城市不仅巩固了其作为首个离岸人民币枢纽和国际金融中心的地位，而且在北京的支持和自身优势加持下，已成为举办大型国际峰会的理想场所。下一场活动将是国际刑警组织会议，北京再次委托香港主办。
Today’s global landscape is increasingly splintered. Commercial disputes, rival technical frameworks and geopolitical contests between major powers are prompting numerous nations to seek markets where stable, dependable rules still govern commerce. The successful meeting of Asia-Pacific Economic Cooperation (Apec) finance ministers in Hong Kong offered an answer. Not only has the city’s status as the leading offshore renminbi hub and international financial centre been enhanced, but with Beijing’s support and its own strengths, it has become an ideal venue for major international summits. The next event will be the Interpol conference, which Beijing has again entrusted the city to host.
APEC会议增强了成员对开放商业的承诺。来自APEC 21个经济体的财政主管就宏观经济政策协调、数字基础设施融资区域合作以及扩大个人和中小企业获得金融服务的渠道达成一致。“我们认识到，全球再平衡符合我们的共同利益，”其联合声明称。一份单独的政策声明针对部分经济体数字基础设施存在的“巨大”资金缺口提出应对，以助力发展普惠。
The Apec meeting strengthened its members’ commitment to open commerce. Finance chiefs from Apec’s 21 economies agreed on macroeconomic policy coordination, regional cooperation on digital infrastructure financing and wider access to financial services for individuals and small and medium-sized enterprises. “We recognise that global rebalancing is in our common interest,” their joint statement said. A separate policy statement addressed “significant” funding gaps for digital infrastructure in some economies to help spread development.
此次由财政部长蓝佛安主持的会议，是下个月在邻近的深圳举行的APEC领导人峰会的前奏，届时国家主席习近平将今年第三次会见美国总统特朗普。美国财政部长贝森特缺席了在香港举行的会议，以便为深圳峰会做准备。谈判人员正在努力推动中国对美投资，据报道，关于延长贸易战休战的谈判正朝“积极方向”推进。障碍依然存在，包括部分美国议员的反对，以及已商定的关税削减措施尚未生效。
The gathering, chaired by Finance Minister Lan Foan, was a precursor to next month’s Apec leaders’ summit in neighbouring Shenzhen, where President Xi Jinping will meet his US counterpart Donald Trump for the third time this year. US Treasury Secretary Scott Bessent skipped the gathering in Hong Kong to prepare for the Shenzhen summit. Negotiators are working to line up Chinese investments in the US, and talks on extending the trade-war truce are reportedly moving in a “positive direction”. Obstacles remain, including opposition from some American lawmakers and agreed-upon tariff cuts that have yet to take effect.
香港财政司司长陈茂波指出，此次会议增强了外国领导人对香港的信心，他强调与会代表对香港在北京发展规划中通过首个五年计划所确立的定位给予了积极评价。他还观察到，外国投资者在香港活跃，资金流入来源包括美国、欧洲和中东，而不仅仅是内地。
Hong Kong Financial Secretary Paul Chan Mo-po noted how the meeting boosted foreign leaders’ confidence in Hong Kong, as he highlighted delegates’ positive feedback about the city’s positioning in Beijing’s development plan through its first five-year plan. He also observed that foreign investors were active in the city, with capital flows coming from the US, Europe and the Middle East, not just the mainland.
亚太经合组织部长们正确地聚焦于利用新兴技术，特别是人工智能，以提高生产力、管控外部风险并推动共同发展。
Apec ministers have rightly focused on harnessing emerging technologies, particularly artificial intelligence, to raise productivity, manage external risks and drive common development.
对香港而言，此次会议重申了其作为国际金融枢纽的角色，并凸显了大湾区的协同效应。行政长官李家超告诉部长们，在“一国两制”下，香港“享有背靠祖国、联通世界的独特优势”。他指出，香港拥有零关税、低税率和普通法制度、深厚的人才库以及即将建设的北部都会区，同时还有发展离岸人民币业务和财富管理的计划。
For Hong Kong, the meeting reaffirmed its role as an international financial hub and highlighted the Greater Bay Area synergies. Chief Executive John Lee Ka-chiu told ministers that, under “one country, two systems”, the city “enjoys both the China advantage and the global advantage”. He pointed to the city’s zero tariffs, low taxes and common-law system, its deep talent pool and the coming Northern Metropolis, alongside plans to grow the offshore yuan business and wealth management.
在港设立地区总部的内地企业数量从2021年的252家增至去年的350家。在中方监管机构的鼓励下，内地企业助力香港去年领跑全球IPO融资，目前有600多个活跃申请项目在审批管道中。贸易发展局今年的一项调查发现，83%的内地企业将香港列为“走出去”首选支持来源，高于2023年的62%。
The number of mainland companies with regional headquarters in the city rose to 350 last year from 252 in 2021. Encouraged by Chinese regulators, mainland firms helped Hong Kong lead global IPO fundraising last year, and more than 600 active applicants are in the pipeline. A Trade Development Council survey this year found 83 per cent of mainland firms named Hong Kong as their preferred source of “going global” support, up from 62 per cent in 2023.
但必须避免自满。散户投资者变得谨慎，恒生指数今年已下跌约10%。证券及期货事务监察委员会冻结涉嫌操纵上市的46亿港元（约5.9亿美元）资产，提醒我们市场的声誉和信心取决于对法治的严格执行，而香港正积极倡导这一点。
But complacency must be avoided. Retail investors have grown cautious and the Hang Seng Index has lost about 10 per cent this year. The Securities and Futures Commission’s freezing of HK$4.6 billion (US$590 million) in assets linked to suspected rigged listings is a reminder that the market’s reputation and confidence depend on rigorous enforcement of the rule of law, which Hong Kong actively champions.
香港的未来立足于坚实基础：开放的资本市场、完善的普通法制度、领先的离岸人民币枢纽以及强大的内地支持。这次会议增强了信心。香港必须持续演进，从“超级联系人”转型为不可替代的“超级增值者”，在服务国家战略的同时回应区域需求，并在全球市场发挥独特作用。亚洲鲜有主要城市能媲美香港的固有优势。现在不是按兵不动的时候，而是要拓展发展。
Hong Kong’s future rests on solid ground: an open capital market, a sound common-law system, the leading offshore renminbi hub and strong mainland backing. This meeting has been a confidence-booster. The city must keep evolving, from “superconnector” to irreplaceable “super value-adder”, by serving national strategies while answering regional needs and playing a unique role in the global market. Few major cities in Asia can match the city’s inherent advantages. Now is not the time to sit tight but to expand.