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Carrie Lam: Shenzhen government expects to issue offshore RMB bonds in Hong Kong next month

2021-09-08T04:17:45.964Z


Chief Executive Carrie Lam Cheng Yuet-ngor revealed today (8th) that the Shenzhen Municipal Government will become the first municipal government in the Mainland to issue offshore RMB bonds in Hong Kong, which should happen next month. She mentioned that one of the Shenzhen-Hong Kong cooperation


Chief Executive Carrie Lam Cheng Yuet-ngor revealed today (8th) that the Shenzhen Municipal Government will become the first municipal government in the Mainland to issue offshore RMB bonds in Hong Kong, which should happen next month.

She mentioned that one of the special classes of Shenzhen-Hong Kong cooperation is about finance, and the cooperation between the two places will enter a new level.


Describe the financial industry entering the era of prosperity

Carrie Lam attended the question time of the Chief Executive of the Legislative Council this morning. Members of the financial services sector and the Pakatan Harapan Zhang Huafeng asked how the central government has successively launched the Hengqin and Qianhai plans in recent days and how the SAR government has kept up with the pace of national development in terms of financial service policies.

Lam Cheng Yuet-ngor described that the financial industry is now entering the age of prosperity. Hong Kong must equip itself to welcome the country's major measures to position Hong Kong as an international financial center. She quoted Fang Xinghai, vice chairman of the China Securities Regulatory Commission, as saying that the central government must safeguard Hong Kong as an international financial center. The position of the center.

Regarding the opinions in the public that Hong Kong may not necessarily benefit from the country’s policies and will face greater competition, Carrie Lam said that she has given “reassurance” to the industry. The central government’s position has always been that Hong Kong’s status as an international financial center is very important. Will be committed to maintenance, there will be many measures introduced in the future.

She believes that Hong Kong must also be self-improving and enterprising and adopt more favorable policies.

The expansion of the area of ​​Qianhai Lam Cheng: The area is equivalent to 1.5 Hong Kong islands to provide greater impetus to the Hong Kong economy.

Source: hk1

All news articles on 2021-09-08

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