Political situation
Written by: Liu Jinhua
2020-05-15 10:39
Last update date: 2020-05-15 10:39The People's Bank website issued an announcement on Thursday evening, referring to the People's Bank of China and other four central departments put forward the financial 30 opinions of the "Opinions on Financial Support for the Construction of the Guangdong-Hong Kong-Macao Greater Bay Area", which clearly reaffirmed their support for the status of Hong Kong's international financial center. The relevant measures involve RMB , Banking, etc.
The Secretary for Financial Affairs and the Treasury, Xu Zhengyu, said today (15th) that the 30 opinions are an opportunity for Hong Kong. Hong Kong can assume the status of a financial center in the New York Bay Area, and Shenzhen has the same status as San Francisco. The technology development capabilities of the Silicon Valley in the Bay Area, and other cities in the Guangdong-Hong Kong-Macao Greater Bay Area can serve as high-paying manufacturing industries such as the Tokyo Bay Area, and believe that the Guangdong-Hong Kong-Macao Greater Bay Area "collect all the sun (the rest of the world's Bay Area) is good."
The Secretary for Financial Affairs and the Treasury, Xu Zhengyu, believes that the Guangdong-Hong Kong-Macao Greater Bay Area "collects all the sun (the rest of the world's bay areas) all good." (Profile picture)
Xu Zhengyu also pointed out that in the New York Bay Area, San Francisco Bay Area and Tokyo Bay Area, the service industry accounted for as much as 8-9%, but the Guangdong-Hong Kong-Macao Greater Bay Area only accounted for about 60%. Xu believes that Hong Kong will export the service industry To increase the proportion of the service industry in the Greater Bay Area.
Facing the ever-changing international situation, Xu Zhengyu believes that the challenges brought by the market are opportunities for development, referring to Hong Kong's presence as a financial center brand and a stable financial market. He pointed to Hong Kong's resilience. Even if something happened in the past, such as the New Coronary Pneumonia epidemic, the government and society have responded to the challenge, the financial system is operating as usual, and he said that "there is a strong wind and waves" that can respond smoothly.
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