Chief Executive John Lee on Friday pledged to work closely with the International Monetary Fund (IMF) on contributing to economic prosperity while promoting regional cooperation amid global challenges.

He also thanked the international financial agency’s recognition of the advances made by the SAR in talks with its managing director, Kristalina Georgieva, on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit in Gyeongju.

“I expressed my gratitude to the IMF for its support to the development of Hong Kong's economy, financial system and financial centre, and for recognising Hong Kong's status as an international financial centre in the latest staff report, as well as acknowledging the resilience of Hong Kong's economic recovery and financial system,” Lee wrote on social media.

He also vowed to lead his team in continuing to consolidate and strengthen the city’s status as an international financial centre.

“In the face of global challenges, Hong Kong will continue to promote regional cooperation and maintain financial stability and prosperity,” Lee said.

“We look forward to continuing to work closely with the IMF to contribute to regional and global economic prosperity through Hong Kong's financial stability and innovation.”