0Tang Yingnian Hongkong can continue to promote the internationalization of the RMB open|Tang Yingnian Hongkong can continue to promote the internationalization of the RMB open

Henry: Hong Kong to continue to promote the internationalization of RMB open original title: Henry: Hong Kong continue to promote the internationalization of RMB, and open data in figure in news agency, Chen Xiaoyuan photo China News Agency, Beijing, March 10 (Xinhua) (reporter Li Zhiquan) Standing Committee of the CPPCC National Committee, the Hong Kong especially administrative region government affairs former Secretary Henry Tang 10 in Beijing proposed by Hong Kong’s financial advantage can continue to open the way to promote the internationalization of RMB. Held on the same day of the Chinese people’s Political Consultative Conference (CPPCC) second session of the fourth session of the second plenary session, Mr. Tang as the General Assembly speech said that Hong Kong has the largest pool of offshore RMB funds, accounting for about half of the offshore renminbi deposits in the world, Hong Kong has the world’s largest of offshore RMB bond market can continue to open the way to promote the internationalization of RMB. Mr Tang said that Hong Kong is a specification of the international financial center, solid market foundation, and experienced personnel, the development and maturity of the technology can with the mainland to deepen financial reform, give full play to advantage of capital market, let the further internationalization of the RMB, push the renminbi is convertible, free use of money, strengthen the Renminbi denominated transactions and settlement currency status and the international reserve currency. In addition, Mr Tang also suggested that the use of the financial platform of Hongkong, with the national "The Belt and Road construction, continue to play a vanguard for mainland financial development. He said that Hongkong has been a gateway to the mainland trade, investment and finance, the mainland can set up the Asian infrastructure investment bank in Hongkong financial resources center, providing financial resources management services. Mainland third industry accounted for about 50% of GDP, compared with other developed countries generally more than 70%, there is still a huge space for development. Tang Yingnian hopes to use Hongkong’s service industry personnel, to promote the development of the economic transformation of the mainland. This is the "45" at the beginning of the year, Mr Tang said that Hong Kong should grasp the "45" planning to bring opportunities and actively deepen between Hong Kong and the mainland, mutually beneficial win-win cooperative relations and strengthen the two complementary, mutual and interactive relationship, so that Hong Kong continues for the country in the new period comprehensively deepen reform to contribute. (end) editor: Su bud SN226