Leung Chun-ying talks about HK economy at APEC

Speaking at the APEC CEO Summit 2014 in Beijing on Sunday, Hong Kong Chief Executive Leung Chun-ying said Hong Kong's economy would grow around 2 to 3 percent this year and that Hong Kong's long-term economic boom still relies on the policy of "one country, two systems."

Leung Chun-ying also pledged that Hong Kong will maintain its advantages and play an active role in regional economic integration while attending a panel discussion at the CEO Summit.

The chief said Hong Kong has seen a new round of opportunities for growth as the world economy has recovered from the financial crisis in 2008. Statistics have shown that the rallies in U.S. and European economy have bolstered the economy of Hong Kong.

Commenting on the prospects of Asia-Pacific region, Leung Chun-ying voiced confidence, saying that Asian economies account for one third of the total volume of the global economy. He also stressed that the region's economies have remained resilient despite declines in assets prices and currency values.

In the second quarter of this year, Hong Kong's economy registered a growth rate of 5.4 percent, largely fueled by rebounding exports and stronger demand from Chinese mainland.

"We will inject more energy into the regional economy. Hong Kong will benefit from a good regional economy," Leung said.

Source: china.org.cn