Chinese Vice-Premier He Lifeng urges Hong Kong to be 'self-assertive' on 3 paths to reform

November 19, 2024--State leader says city should deepen financial reforms, expand cooperation and opening up and dovetail with national developments
Chinese Vice-Premier He Lifeng has pledged Beijing’s backing for Hong Kong to strengthen its standing as an international financial centre, urging the city to be self-assertive amid geopolitical uncertainties and to press on with reforms as he set out three directions to unleash its full potential.

Opening the three-day Global Financial Leaders’ Investment Summit on Tuesday, the state leader spelled out three areas of focus for Hong Kong’s financial sector. First, it should deepen reforms and innovate to boost competitiveness; second, expand cooperation and opening up; and third, dovetail its plans with national developments to further strengthen the foundation of Hong Kong's future financial development.

New World Bank Report Charts Pathways for Energy Security, New Jobs, and Market Opportunities in East Asia

August 28, 2025-A new World Bank report, Green Horizon: East Asia's Sustainable Energy Future, outlines practical pathways to modernize and upgrade the region's energy systems to support power and industrial sectors-a key step for East Asia to sustain long-term growth, create jobs, and retain economic competitiveness.

Dissecting Medium-Term Growth Prospects for Asia

August 22, 2025-Summary
This paper explores Asia-Pacific's medium-term growth prospects using two approaches. First, growth accounting analysis and machine-learning estimation reveal how demographics, capital deepening, productivity, and human capital shaped Asia's growth.