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Paul Chan attends the World Economic Forum Annual Meeting in Switzerland; spotlights Hong Kong’s advantages as an international hub for trade and finance

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Paul Chan

HONG KONG SAR – Media OutReach Newswire – 21 January 2026 – Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), has joined about 3,000 world leaders attending the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland (January 19-23). During the WEF Annual Meeting 2026, themed “A Spirit of Dialogue”, Mr Chan attends, speaks and joins discussions at several keynote meetings, luncheons and dinners. He also meets with political, business and financial leaders to brief them on the latest situation in Hong Kong as well as the city’s new opportunities.

Mr Chan attended a breakfast reception hosted by virtual asset enterprise Animoca Brands, headquartered in Hong Kong, yesterday (January 20). Speaking at the meeting, Mr Chan said that Hong Kong adopts a proactive yet prudent approach to the development of digital assets guided by the principle of “same activity, same risk, same regulation” to promote responsible and sustainable market development. Since 2023, Hong Kong has issued licences to 11 virtual asset trading platforms, and a licensing regime for stablecoins is expected to be launched later this year. The Financial Secretary also noted the HKSAR Government’s leadership role in promoting tokenisation, including the issuance of three batches of tokenised green bonds amounting to around US$2.1 billion.

Mr Chan also engaged with a number of officials from different economies and regional organisations attending the WEF Annual Meeting, including Deputy Prime Minister and the Minister of Finance of Thailand, Mr Ekniti Nitithanprapas; the Secretary-General of the Cooperation Council for the Arab States of the Gulf, Mr Jasem Mohamed Albudaiwi; the Minister of Investment and Foreign Trade of Egypt, Mr Hassan El Khatib; and the State Secretary for International Finance at the Federal Department of Finance of Switzerland, Ms Daniela Stoffel. They exchanged views on the global political and economic landscape and issues of mutual concern, and explored opportunities to strengthen collaboration in areas such as trade, finance, industry development and digital transformation.

During a meeting with the Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, Mr Chan reiterated that Hong Kong, China firmly supports free trade and multilateralism, and expressed support for the WTO’s efforts to pursue reforms in response to current global challenges, with a view to enhancing its agility in addressing emerging issues in international trade.

HKSAR’s Financial Secretary Paul Chan (right) meets with the Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, in Davos, Switzerland

On arriving Davos (January 19), Mr Chan began his visit programme by meeting with the Minister of Economy of the Sultanate of Oman, H.E. Dr Said Mohammed Al-Saqri. During the meeting, the two sides discussed ways to deepen mutually beneficial cooperation in areas such as finance, trade, green transformation and industrial development.

Mr Chan said that Hong Kong’s advantages as a “super connector” could support Oman’s transitioning from an oil-driven growth model towards a more diversified economic structure. He said that Hong Kong could facilitate Chinese Mainland and Hong Kong enterprises to invest in Oman to support its infrastructure and industrial development. At the same time, Hong Kong’s status as an international financial centre in Asia could provide Omani enterprises with an ideal platform for fundraising and financing, as well as offshore Renminbi investment and risk management products.

Mr Chan will continue his programme in Davos, including participating at the 2026 Davos-Caixin CEO Luncheon and the “How to Finance Decarbonization?” session of the WEF Annual Meeting, before returning to Hong Kong on January 24 morning.

Business

Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

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Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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Energy

Siemens Energy Expands Angola Footprint as Senior Vice President (SVP) Waheed Abbasi Joins Angola Oil & Gas (AOG) 2026

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Energy Capital

From FPSO power solutions to local service capacity, Siemens Energy is scaling its role in Angola at a time when the country is pursuing gas expansion

LUANDA, Angola, April 28, 2026/APO Group/ –Waheed Abbasi, Senior Vice President, Gas Services: Europe and Africa at Siemens Energy, has joined the Angola Oil & Gas (AOG) Conference and Exhibition as a speaker. Abbasi’s participation comes at a time when Siemens Energy is deepening its footprint in Angola through major power infrastructure and local capacity investments, positioning itself as a key enabler of the country’s evolving oil and gas market. At the event this September (9-10), Abbasi is expected to bring insights into how power technology and gas infrastructure are converging to support Angola’s next phase of industry growth.

With a long-standing presence in Angola, Siemens Energy has played a central role in strengthening power and infrastructure systems through projects in the oil, gas and renewable energy sectors. The company is currently developing an 80 MW power generation plant for the Kaminho FPSO – part of the first large deepwater development in the Kwanza Basin. The FPSO, currently 50% complete, will be installed in 2027 with first oil produced from the Cameia field in 2028. By integrating advanced power generation systems into offshore infrastructure, Siemens Energy is supporting more efficient, lower-emission production while ensuring reliable operations in deepwater environments.

At the same time, Siemens Energy has strengthened its on-the-ground presence with the launch of its Angola Service Shop in 2026. The facility brings service execution, project support, training and critical spare parts closer to customers, enabling faster response times and improving operational reliability across Angola’s oil and gas sector. By anchoring its services locally, Siemens Energy is not only supporting existing projects but also building the infrastructure needed to sustain long-term industry growth, reinforcing supply chain resilience and technical capacity within the country.

Siemens Energy’s activities in Angola form part of a broader continental strategy, with the company active in more than 50 African countries and leading initiatives across power generation, renewable energy and hydrogen development. This pan-African footprint positions Siemens Energy as a key partner for governments seeking to balance industrial growth with energy transition goals. In Angola, this is particularly relevant as the country looks to diversify its energy mix while leveraging its hydrocarbon resources to drive economic development.

Angola’s strategy to increase the share of gas in its energy mix to 25% is creating new opportunities for companies like Siemens Energy to deploy gas-to-power solutions. The start of key projects, including the country’s first non-associated gas project – led by the New Gas Consortium –, is expected to unlock greater gas flows, supporting both LNG exports and domestic power generation. As gas availability increases, the need for efficient power generation, grid infrastructure and industrial energy solutions will become more critical. Siemens Energy’s technology portfolio, spanning gas turbines, power systems and integrated energy solutions, positions the company to play a central role in enabling this transition.

Stepping into this picture, Abbasi’s participation at AOG 2026 comes at a time when Angola is aligning upstream growth with downstream and power sector expansion, creating a more integrated energy ecosystem. The event will provide a platform for discussions around gas monetization, power infrastructure and industrial development, areas where Siemens Energy is actively contributing.

Distributed by APO Group on behalf of Energy Capital & Power.

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Events

GREE Unveils 130 Products at the 139th Canton Fair, with Over 80% Featuring AI and Green Energy-Saving Technologies

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GREE

GUANGZHOU, CHINA – Media OutReach Newswire – 17 April 2026 – On April 15, the 139th China Import and Export Fair (hereinafter referred to as the “Canton Fair”) officially opened. As a leading enterprise in the manufacturing sector, Gree Electric made a grand appearance at Pavilion 4.2A under the theme “GREE, Making Better Electric Appliances,” presenting over a hundred innovative products in its largest exhibition area in Canton Fair history. Amid the global wave of green and intelligent manufacturing transformation, GREE is leveraging its hard-core independent innovation and full-industry-chain capabilities to show the world the confidence and resolve of China’s intelligent manufacturing to navigate industry cycles and lead the transformation.

Zhu Lei, CMO of Gree Electric, stated that Gree has participated in the Canton Fair for 31 consecutive years. This year, GREE brought 130 products to the event. Facing the global market, GREE strives to fully meet the practical needs of consumers from different regions worldwide. Notably, the majority of these products are originally manufactured in and exported from China, reflecting the dedication and ingenuity of GREE’s Chinese craftsmen.

It is reported that at this year’s Canton Fair, GREE has created a full-industry-chain exhibition space ranging from core components to scenario-based solutions. To date, buyers from over 50 countries and regions have scheduled visits and business negotiations, marking a 21% year-on-year increase.

Currently, the global home appliance industry is undergoing a dual transformation. On one hand, an energy efficiency revolution driven by the “Dual Carbon” goals makes the transition to eco-friendly refrigerants an urgent priority; on the other hand, an experience revolution spurred by consumption upgrades has made quietness, health, and smart features the core demands of users. GREE’s SilenzX series ultra-quiet air conditioners, showcased at the event, serve as a precise response to this trend. Equipped with a self-developed rotary four-cylinder compressor, the SilenzX series reduces the minimum sound pressure level of the outdoor unit to a mere 29 decibels—far below the industry average of 42 decibels. Backed by 137 invention patents, the product recently won a Gold Medal at the International Exhibition of Inventions Geneva, signaling that Chinese enterprises have shifted from being “followers” to “leaders” in the realm of comfort technology.

A deeper layer of competitiveness stems from GREE’s long-term bet on a green future. Among the products showcased at this Canton Fair, over 80% are equipped with AI, green energy-saving, and other advanced technologies. GREE has comprehensively implemented R290 eco-friendly refrigerant technology across its entire product matrix, including split units, window units, and water heaters. Furthermore, its world-first photovoltaic air conditioning system has achieved a systemic breakthrough of “zero carbon emissions, zero electricity bills, and zero waste.” The AI dynamic energy-saving technology also utilizes intelligent algorithm optimization to boost annual energy efficiency by 15.8% and reduce power consumption by 13.6%. Rather than isolated technological features, these represent comprehensive green solutions that cover the entire chain of energy production, transmission, and consumption, providing the industry with a leapfrog path from “low-carbon compliance” to “zero-carbon leadership.”

Behind this systemic innovation capability lies a full-industry-chain competitive moat forged through 35 years of independent R&D. At this Canton Fair, Gree introduced three major compressors—G-Boost, G-Storm, and G-Hyper—which have successfully overcome industry challenges such as ultra-high-temperature cooling and ultra-low-temperature heating. Its star product, the GMV 9 series, is capable of operating in an ultra-wide temperature range from -35°C to 60°C, marking GREE’s achievement of full-stack technological autonomy from core components to system integration.

This strategic resolve is yielding substantial returns in GREE’s global layout. As one of the first Chinese home appliance companies to venture overseas, GREE has built a network covering more than 190 countries and regions. Independent brands now account for 70% of its total export volume, and this figure exceeds 85% in Belt and Road countries. This marks a highly successful, high-quality transformation from a traditional OEM (Original Equipment Manufacturer) model to an independent brand-led enterprise.

From core technological breakthroughs to a green and low-carbon transition, GREE remains rooted in technology and centered on quality. Its presence at the Canton Fair serves as a vivid microcosm of the transformation and upgrading of China’s manufacturing sector, demonstrating the powerful potential and dynamic momentum of “Made in China.”

 

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