Global Financial Leaders\u2019 Investment Summit<\/a> on Tuesday, senior officials from Chinese regulatory bodies said proactive reforms were necessary because the world was undergoing profound changes unseen in a century, raising uncertainty on many fronts.<\/p>\n\u201cWe will continue to deepen financial collaboration between the mainland and Hong Kong, promote Hong Kong\u2019s full integration into the nation\u2019s overall development, leverage its strengths, and further consolidate and enhance its status as an international financial centre,\u201d said Zhou Liang, vice-minister of the National Financial Regulatory Administration (NFRA).<\/p>\n
\u201cWe will make full use of Hong Kong\u2019s role as a \u2018superconnector\u2019.\u201d<\/p>\n
The NFRA would facilitate mainland insurers in issuing bonds and securities in Hong Kong and support banks and insurers in aiding the overseas expansion of Chinese businesses, Zhou said.<\/p>\n
It would also reinforce Hong Kong\u2019s role as a pilot window for the internationalisation of digital currency and electronic payments, among other initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"Beijing will bolster Hong Kong\u2019s position as a global financial hub by enhancing openness and cooperation in the…\n","protected":false},"author":3,"featured_media":354842,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[173287,9710,64,173285,173282,15324,40163,79,46801,173281,8464,158085,173284,122646,173286,67,132,68,173283],"class_list":{"0":"post-354841","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ai-as-infrastructure","9":"tag-beijing","10":"tag-business","11":"tag-china-securities-regulatory-commission","12":"tag-chinese-businesses","13":"tag-chinese-companies","14":"tag-digital-currency","15":"tag-economy","16":"tag-electronic-payments","17":"tag-global-financial-leaders-investment-summit","18":"tag-hong-kong","19":"tag-hong-kong-monetary-authority","20":"tag-li-ming","21":"tag-mainland","22":"tag-national-financial-regulatory-administration","23":"tag-united-states","24":"tag-unitedstates","25":"tag-us","26":"tag-zhou-liang"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115491141345774850","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/354841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=354841"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/354841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/354842"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=354841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=354841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=354841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}