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Greater Bay Area

Li Jiachao: Hong Kong will continue to optimize connectivity measures to promote the integration of financial markets in the Greater Bay Area

2024-10-09   

On the 8th, Hong Kong Chief Executive Carrie Lam stated in Hong Kong that the SAR government will continue to optimize various connectivity measures, promote the integration of financial markets in the Greater Bay Area, serve the national financial power development strategy, and achieve high-quality development. At the 2024 Guangdong Hong Kong Macao Greater Bay Area Summit Forum hosted by Sing Tao Daily on the same day, Li Jiachao stated that Hong Kong's free flow of funds, data, and information, as well as the free exchange of currency and the linked exchange rate system, provide a solid foundation for the financial development of the Greater Bay Area. The SAR government will continue to make good use of Hong Kong's leading advantage as a financial center, deepen connectivity and livelihood finance, and inject momentum into financial cooperation in the Greater Bay Area. Sun Yu, Vice Chairman and President of Bank of China Hong Kong, stated that Hong Kong is one of the freest economies and international financial centers in the world, with the unique advantage of "one country, two systems", and plays an important role in the construction of the Greater Bay Area. In the future, Hong Kong should strive to further develop into an investment and financing center for emerging markets, attract more enterprises from Southeast Asia, the Middle East and other regions with development potential to come to Hong Kong for development, promote long-term capital investment from emerging economies in the Hong Kong market, thereby promoting the diversification of capital sources in the Hong Kong capital market, better serving the high-quality development of the mainland's real economy, and providing more investment choices for investors from various countries. The theme of this forum is "Mastering Advantages and Creating the Future". Participants discuss the institutional advantages of Hong Kong, the development of smart cities, and how Hong Kong enterprises can fully play a key role in the deep integration of regional cities. (New Society)

Edit:Lubaikang Responsible editor:Chenze

Source:XinhuaNet

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