Hong Kong: Financial Services

(asked on 23rd January 2024) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Minister of State, Foreign, Commonwealth and Development Office, what assessment he has made of the autonomy of Hong Kong’s (a) economic, (b) monetary and (c) financial systems.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 31st January 2024

The latest Six-Monthly report on Hong Kong, published on 19 September, notes that Hong Kong's economic, monetary, and financial systems remain distinct and robust from mainland China. The Hong Kong SAR Government has maintained a free market economic and trade system, retaining autonomy in deciding their economic and trade policies. Hong Kong continues to be recognised as an international financial centre with sole discretion over its monetary and financial policies.

Reticulating Splines