Speech by U U Sang, Acting Chairman of the Macao Trade and Investment Promotion Institute

Speech by Sun Enguang, President of China Council for the Promotion of International Trade Smart Expo Association

Speech by Ip Sio Kai, Acting Chairman of Macau Bankers' Association and President of Macau Innovative Investment Federation

Keynote speech by Chi Tenghui, Deputy Director-General of Hengqin Guangdong-Macao In-depth Cooperation Zone Financial Development Bureau via online access method 

Keynote speech by Sun Jiaxia, Chairperson of Modern Financial Development Committee at Macau Bankers' Association and Head of Commercial Banking Business Department at HSBC's Macau Branch 

Keynote speech by Ng wai ian, Chairman of Macau Innovative Investment Federation and CEO of Zenta Group 

The Green Economy and Finance Forum was jointly organized by China Council for the Promotion of International Trade Smart Expo Association (CCPIT), Macau Bankers' Association (MBA) and Macau Innovative Investment Federation. It was held on December 9th at 4 pm in the Green Conference Area at E Pavilion in The Venetian®️Macao-Resort-Hotel during the first day opening ceremony event for the 2022MIECF. Over eighty attendees were present including Liu Yiliang - National People's Congress representative from Hong Kong SAR/Macau SAR; Ma Chi Wai - Member Executive Council & Vice-President General Chamber Of Commerce Of Chinese Enterprises In Mozambique; U U Sang - Acting Chairman Administrative Committee Of Management And Coordination Bureau For Exhibition Industry Development under IPIM; Ye Kuolin - Deputy Director Environmental Protection Bureau. 

During his speech, U U Sang stated that green finance is not only an important part to develop modern finance in Macao but also an important way to achieve "carbon peak" and "carbon neutrality". The Macao Trade and Investment Promotion Institute will actively cooperate with the "1+4" moderately diversified development strategy, strengthen investment promotion work towards the four major industries, enhance marketization and specialization of exhibition industry. This includes strengthening the linkage between exhibition activities and investment promotion by organizing special matching talks between financing institutions, Macau's four major industrial key enterprises, local small- to medium-sized enterprises using exhibitions as a carrier to help companies expand their markets through Macao platform.

During his speech, Sun En guang stated that since the 18th National Congress of CPC (Communist Party of China), General Secretary Xi Jinping has repeatedly emphasized green development concept. Developing green economy has become the main line for social economic development in Macao. It is necessary to make good use of advantages in this area to maintain strategic determination and cultivate industries while promoting diversified industrial development in Macao. At the same time, taking advantage of Macao's unique advantages under "One Country Two Systems", it is important to establish certification standards for organic agriculture and organic food recognized internationally which not only promotes diversification but also serves as a platform for industry services in Macau while integrating into national development strategies.

During his speech, Ip Sio Kai, Acting Chairman of the Macau Bankers Association and President of the Macau Innovative Investment Federation, stated that as one of the four major industries in Macau's "1+4" plan, the SAR government is firmly committed to developing modern financial services. Green finance is an inevitable choice and we should consider how to use "green" connections to provide green financial services for the Greater Bay Area of Guangdong-Hong Kong-Macau, Portuguese-speaking countries and regions, as well as countries and regions along the Belt and Road Initiative. This will also allow Macau's economy and financial industry to seize development opportunities. In terms of developing green finance, Hengqin Guangdong-Macao Deep Cooperation Zone is both an opportunity and a testing ground for Macau. By combining its international standard financial regulatory requirements with low tax rates as a free port with Hengqin's four major industrial development directions, it can support the development of green economy and finance.

After the opening ceremony of the forum on green economics was held where Hengqin-Guangdong-Macao Deep Cooperation Zone Financial Development Bureau Acting Director Chi TengFei gave a keynote speech titled "Thoughts on Developing Green Finance in Hengqin-Guangdong-Macao Deep Cooperation Zone". He mentioned that various relevant departments have released multiple policy documents related to green finance in order to support national ecological civilization reform efforts towards achieving China’s dual carbon goals. Among them are deployment plans for building a green finance platform in Macau outlined by both “Outline Development Plan for Guangdong-Hong Kong-Macao Greater Bay Area”and “Macau Special Administrative Region Economic And Social Development Five-Year Plan (2021-2025)”. The 2022-23 Policy Address reports from SAR Government also proposed work plans for developing green finance while exploring ways on how can they leverage their own platform effectively.

Ms. Sun Jiaxia, Chairperson of the Modern Financial Development Committee of the Macau Bankers Association and Head of Commercial Banking at HSBC Macau Branch, gave a speech titled "Adapting to Local Conditions and Promoting Green Finance Development in Macau". She pointed out that "green development" and "ecological protection" are the basic principles for building green finance in the Greater Bay Area. Green finance is actively promoted by the SAR government to achieve green low-carbon development and ecological civilization.

Mr. Ng wai ian, Chairman of Macao Innovative Investment Federation and CEO of Dao Group, spoke on ESG innovation investment and integration with industries in the Bay Area. He emphasized that ESG is an important means to help achieve carbon neutrality goals as well as accelerate talent cultivation for green finance industry while breaking through bottlenecks in green financial investment financing. Looking ahead, he believes that ESG investments can not only bring superior economic benefits to our country but also promote environmental improvement and social progress.

Mr. SUEN CHUN HUNG, Secretary-General of Association of Chong Hang Intellectual Elites and Co-CEO of China Bridge Capital Investment Group shared his experience on establishing an organic vegetable brand called "Hou Ji Hui" locally using self-built planting bases and soilless cultivation technology which has obtained 100% USDA organic certification from America. He encouraged young people in Macau to actively participate in national green economy development opportunities by exploring potential prospects within it.