On October 24th, the 22nd Beijing-Hong Kong Fair was kicked off in Beijing. Deputy secretary of the Beijing Municipal Committee, mayor of Beijing, Chen Jining, and the Chief Executive of the Hong Kong Special Administrative Region, Carrie Lam Cheng Yuet-ngor, attended the opening ceremony and delivered a speech. Beijing Deputy Mayor Yin Yong presided over the opening ceremony. As the only national-level characteristic town with fund as main industry, Beijing Fund Town spoke at the special event, also the first important event of the Beijing-Hong Kong Conference, “Beijing-Hong Kong Jointly Building ‘the Belt and Road’, and signed a strategical cooperation agreement with the Hong Kong Investment Funds Association. Wang Hong, Deputy Mayor of Beijing, Qiu Tenghua, Director of Hong Kong Commerce and Economic Development Bureau, Luo Kangrui, Chairman of Hong Kong Trade Development Council, Tan Xuxiang, Director of Beijing Municipal Commission of Development and Reform, Fu Zhongsen, Director of Invest HK, Yu Bo, Standing Committee Member and Executive Deputy Distract Chief of Fangshan District Committee of Beijing, Director of the Beijing Fund Town Management Committee, Zhang Yongming, Director of Beijing Council for the Promotion of International Trade, and Xiao Huijun, President of Hong Kong Chamber of Commerce in China, witnessed the signing of the two parties. After three years of development, Beijing Fund Town has cooperated with 1086 institutions, and the accumulated management asset is up to RMB 1,162.5 billion. It has become China's largest and most influential fund industry cluster area. In the future, Beijing Fund Town and Hong Kong Investment Funds Association will play their respective advantages, establish an information communication mechanism, coordinate the fund industry exchange activities between Beijing and Hong Kong, jointly carry out fund industry training and research and innovation work, and enhance the overall development level of fund industry in Beijing and Hong Kong, helping the innovation and development of China's fund industry and expanding the influence of China's fund industry in the international arena.