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Meeting with Shenzhen Mayor Qin Weizhong|Li Jiachao: Welcome to continue to issue offshore RMB bonds in Hong Kong

2023-02-22T07:13:58.613Z


The Chief Executive, Mr Lee Ka-chao, today (22nd) met with the visiting Mayor of Shenzhen, Qin Weizhong, to exchange views on deepening Hong Kong-Shenzhen cooperation. Li Jiachao said that the Shenzhen Municipal Government and local high-quality enterprises are welcome to continue to issue offshore funds in Hong Kong.


The Chief Executive, Mr Lee Ka-chao, today (22nd) met with the visiting Mayor of Shenzhen, Qin Weizhong, to exchange views on deepening Hong Kong-Shenzhen cooperation.

Li Jiachao said that he welcomes the Shenzhen Municipal Government and local high-quality enterprises to continue to issue offshore RMB bonds in Hong Kong, and hopes that the two places will continue to strengthen cooperation in the field of financial services.


Li Jiachao looks forward to leading a delegation to visit Shenzhen tomorrow (23rd) to meet with the leaders of Shenzhen, and to have further exchanges on comprehensively deepening cooperation between the two places.


Li Jiachao (right) met with Shenzhen Mayor Qin Weizhong (left) today (February 22).

(Photo by Government Information Department)

Qin Weizhong will lead a delegation to visit Hong Kong and will co-chair the Shenzhen-Hong Kong Cooperation Conference with Chief Secretary for Administration Chen Guoji.

When Li Jiachao and Qin Weizhong met, they pointed out that with the full opening of Hong Kong to the mainland and overseas, Hong Kong will focus on economic development, and the multi-faceted cooperation between Hong Kong and Shenzhen will help promote the economic development of the two places.

Among them, the two places have always been very close in terms of financial cooperation. The Shenzhen Municipal Government is the first mainland municipal government to use Hong Kong's financing platform and professional services to issue bonds, reflecting the support of Hong Kong in strengthening the global offshore RMB business in the national "14th Five-Year Plan" hub position.

Thanks to the Shenzhen Municipal Government for its support to ensure the operation of the entry and exit ports

He also pointed out that at the video conference held in September last year, Hong Kong and Shenzhen agreed to set up 19 special cooperation classes between Shenzhen and Hong Kong under the principles of close cooperation, complementary advantages, and mutual benefit, covering the northern metropolitan area, innovation and technology, and financial services. , commerce, youth employment and entrepreneurship, Qianhai and other key areas of cooperation.

The various special classes are actively docking and working hard to promote various cooperation projects, and work together to play the role of Hong Kong and Shenzhen as the core engine of the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

Li Jiachao pointed out that since the comprehensive customs clearance between Hong Kong and the mainland, the people-to-people exchanges between Hong Kong and Shenzhen have grown rapidly, and various economic activities and exchanges such as business and tourism have rapidly become active. He thanked the Shenzhen Municipal Government for its strong support to the SAR government in the process of implementing customs clearance , to work together to ensure the smooth and safe operation of all entry-exit ports.

The Secretary for Constitutional and Mainland Affairs, Tsang Kwok-wai, and the Director of the Chief Executive's Office, Ip Man-juan, were also present.

Bank of China assisted the Shenzhen Municipal Government to issue bonds in Hong Kong with a scale of 5 billion yuan, recording oversubscription by more than twice Mainland tourists account for 70% of the most people take the high-speed rail to fully pass the customs|Shenzhen tourists from Yuen Long buy medicines and return to their hometowns to send their families: there is no budget. "Comprehensive Reform Pilot Program"—Shenzhen Gift, Hong Kong Alarm Bell

Source: hk1

All news articles on 2023-02-22

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