Financial Secretary Paul Chan will depart for Milan, Italy, on Sunday to attend the 58th Annual Meeting of the Asian Development Bank.

The theme of this year's meeting is “Sharing Experience, Building Tomorrow”, focusing on development issues and challenges facing the Asia-Pacific region, such as climate change, digital transformation, and promoting mutually beneficial co-operation and inclusive economic growth. Mr Chan will deliver remarks at the Governor's Plenary.

He will also meet the bank's President Masato Kanda as well as financial officials from other countries and regions attending the meeting.

Mr Chan will return to Hong Kong on May 7, arriving on the morning of May 8. During his absence, Deputy Financial Secretary Michael Wong will be Acting Secretary.