China News Agency, Hong Kong, August 22. The Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, published a blog on the 22nd, stating that the "14th Five-Year Plan" outlines the country's development direction in the next five years. The development of finance, law and other professional services provides a clear path.
Chen Maobo believes that the social and economic development of Hong Kong has always been closely linked to the development and needs of the Mainland.
The 14th Five-Year Plan clearly supports the strengthening of Hong Kong's development as a global offshore RMB business hub, an international asset management center and a risk management center. It provides a blueprint for Hong Kong's development from the perspective of overall planning, as well as a market with unlimited potential and opportunities .
Chen Maobo said that the country's economy continues to move forward steadily and towards high-quality development, which provides Hong Kong with the most powerful support for its prosperity and development.
The country’s economy is huge. Constant efforts to innovate and develop technology, coupled with continuous reform and opening up, have opened up more new markets and new demands for enterprises and products, created more opportunities for business development and brand building, and made Hong Kong’s economy It can develop in a more diverse and rich direction.
"However, this does not mean that we will slow down our efforts in the financial industry." Chen Maobo said that the financial service industry is the strongest link in Hong Kong's economy. , To consolidate Hong Kong's status as an international financial center.
"The advantage of Hong Kong International Financial Center lies in the huge market demand. In addition, our entire financial service industry has comprehensive and complete supporting facilities. From capital, projects, products to talents, the entire industrial chain is very efficient and professional, driving a virtuous circle, and further Attracting capital, talents, companies and other elements to converge in Hong Kong." Chen Maobo mentioned in his blog that the newly approved A-share index futures contract launched by the Hong Kong Stock Exchange provides useful risk management for investors participating in the A-share market offshore. Tools have also enriched the options of Hong Kong's financial products.
He also revealed that the "Guangdong-Hong Kong-Macao Greater Bay Area Cross-border Wealth Management Link" and "Bond Link" Southbound Link, which the market is eagerly awaiting, are also ready, which will help further expand and deepen the interconnection between the two financial markets.
Chen Maobo emphasized that a better understanding of the overall situation and deployment of the country's development will help Hong Kong more accurately position itself, better grasp the opportunities for development in the Mainland, and improve the quality of its own development.
The SAR government will continue to explain to the society the importance of the planning outline to the development of Hong Kong, so that the whole society will work together to promote a better future.
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