Global Prosperity Summit 2025 successfully concludes

Event underscoresHong Kong'sbridging role, contributions in people-to-people diplomacy

HONG KONG,May 21, 2025/PRNewswire/ -- Global Prosperity Summit 2025 (GPS2025), jointly organised by Savantas Policy Institute, the Shanghai Institutes for International Studies and the European Chamber of Commerce inHong Kong, came to a close today following two days of insightful discussions by distinguished leaders and experts from around the world on the most pressing issues impacting global prosperity. The event also underscoredHong Kong'sbridging role and soft power in advancing people-to-people diplomacy and facilitating dialogue for addressing geopolitical issues.

MrsRegina Ip, Chairperson of the Board of Governors of the Savantas Policy Institute, said that the final two panel discussions at this year's Global Prosperity Summit focused on climate change and sustainable development, as well asHong Kong'srole. Quoting speakers at the event, she underscored the importance of enhancing efforts to showcaseHong Kong'scultural richness and achievements to the global audience, for the world to see the city's diverse identity, so thatHong Kongcan fully demonstrate its role as a bridge, and continue to play a unique role on the international stage.

Today's programme began with the first panel discussion on"Climate Change and Sustainable Development", a panel that brought together international experts for an in-depth exploration of issues such as climate change and green transformation. The Summit then concluded with"Hong Kong'sBridging Role in a Changing World", where international relations experts from theUnited KingdomandUnited Statesshared their unique perspectives and insights. (Key points from these discussions can be found in the Annex.)

Regarding the many strengths ofHong Kong, AmbassadorCraig Allen, Senior Counselor, The Cohen Group, noted that"Hong Konghas some of the greatest entrepreneurs in the world";"The financial markets are superb"; and"diversity isHong Kong'sstrength."

SirSherard Cowper-Coles KCMG LVO, Chair, China-Britain Business Council and Senior Adviser to the Group, HSBC Holdings plc, also pointed out that"I've always thought thatHong Kongundersells itself, not realizing its extraordinary assets, which in this time and this world, make it exceptionally well-placed. I think I'm right in saying that 70% of the foreign direct investment coming out ofChinagoes throughHong Kong, 60% of the incoming investment intoChinacomes through this territory.Britaindoes about as much trade withHong Kongas we do withJapan."

He also said"You only have to walk through Central, dance in Lan Kwai Fong, do what you always do inHong Kong, to know that it is special and different and will remain so. So I say to my friends fromHong Konghere - keep sellingHong Kong. Be confident that it is what the mainland wants, it is what the leadership wants, and it is what the leadership will support."

The organisers of GPS2025 said they are grateful to the speakers and experts who came toHong Kongfrom the mainland and countries across the globe to share their profound insights and forward-thinking perspectives. They added that the summit will continue to invite renowned experts with a view to fostering global prosperity and strengthening cross-region and cross-sector collaboration.

About Global Prosperity Summit

Global Prosperity Summit was initiated by a group of business, academic and experts inHong Kongto provide a platform for frank, objective and rational discussion of dominant issues impacting global prosperity. The inaugural Summit was held inHong Kongin 2024.

About Savantas Policy Institute

Savantas Policy Institute (SPI) was founded in 2006 by a group ofHong Kongbelongers with overseas experience who care deeply aboutHong Kong. The core vision of SPI is to enhanceHong Kong'stransformation into a knowledge-based economy. SPI engages mainly in conducting public policy research and analysis and recommending appropriate long-term developmental strategies, as well as promoting public understanding of and participation in the economic and social development of the Hong Kong Special Administrative Region.

About Shanghai Institutes for International Studies

Established in 1960, Shanghai Institutes for International Studies (SIIS) has played a crucial role in conducting strategic research, providing policy recommendations and contributing to the understanding of international politics, economics, security and other related fields. It has evolved into an important institution informing and shapingChina'sforeign policy and global engagement and has been accredited as one of the most influential think tanks inChinaand around the world.

About European Chamber of Commerce inHong Kong

Initiated in 1997, the European Chamber of Commerce inHong Kong(EuroCham) is a non-governmental business interest group. The EuroCham is a'Chamber of Chambers'with its membership comprising 16 European Chambers based inHong Kong. The appointed representatives of these chambers make up EuroCham's Board of Directors. Over 1,600 European companies are operating inHong Kong. In 2019,Europemaintained its position asHong Kong'ssecond-largest trading partner after mainlandChinaandHong Kong'ssecond-largest export destination and third-largest import supplier.

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SOURCE Savantas Policy Institute Limited