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    News: 2024.03.19

    Hong Kong 01 Economic Summit Forum: Chen Haolian promotes the digital economy to expand the digital renminbi pilot

    At the Economic Summit Forum 2023 held on Monday (18th), Hong Kong 01 reported the speech of Chen Haolian, Deputy Secretary for Financial Services and the Treasury. Chen Haolian pointed out at the forum theme one "High-quality transformation of Hong Kong's financial center" that Hong Kong will focus on developing the digital economy in the future and expand the pilot program of digital renminbi.

    The importance of the digital economy

    Chen Haolian emphasized the importance of the digital economy in Hong Kong's future development. He pointed out that with the continuous advancement of technology, the digital economy will become a key factor in promoting Hong Kong's economic growth. Hong Kong needs to actively adopt new technologies and improve its digital level to cope with increasingly fierce international competition.

    The significance of digital renminbi pilot

    Chen Haolian further explained the significance of expanding the digital renminbi pilot. He said that the promotion of digital renminbi will help promote financial cooperation between Hong Kong and the mainland and strengthen the connection between the two places' financial systems. This will bring new opportunities and challenges to the development of Hong Kong's financial center.

    The future of Hong Kong’s financial center

    Chen Haolian expressed optimism about the future prospects of Hong Kong's financial center. He believes that by developing the digital economy and expanding the digital renminbi pilot, Hong Kong will be able to maintain its competitive advantage in the global financial market and lay the foundation for the sustainable development of the Hong Kong economy.

    Conclusion

    Overall, Chen Haolian's speech pointed out the direction for Hong Kong's economic future. Hong Kong will actively promote the development of the digital economy and expand financial cooperation by expanding digital renminbi pilots. This will inject new impetus into the transformation and upgrading of Hong Kong's financial center and promote the prosperity and development of Hong Kong's economy.