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The Central Government Has Introduced Six Measures To Support Hongkong'S Development.

2011/8/18 7:21:00 30

Central Measures To Support Development

According to Xinhua news agency, the government of the Hongkong Special Administrative Region and Ministry of Commerce Country Home development and Reform Commission The national "12th Five-Year plan" jointly organized by the people's Bank of China and the development forum for economic and trade cooperation between the two places were held in Hongkong Convention and Exhibition Center yesterday. Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and vice premier of the State Council, attended the forum and delivered keynote speeches, announcing a series of new policies of the central government to support Hongkong's further development and deepen cooperation between the mainland and Hongkong.


Li Keqiang said that further developing the unique advantages of Hongkong for a long time and giving play to the important role of Hongkong in the reform and opening up and modernization in the mainland are the needs of Hongkong and the needs of the country. In accordance with the requirements of the national "12th Five-Year plan", the central government has formulated a number of new policies and measures to support Hongkong's further development and deepen its economic and trade cooperation with the mainland and Hongkong. Its main contents are:


First, greatly enhance the mainland's service to Hongkong. Trade liberalization Level. The mainland will take more active measures to expand the opening up of Hongkong's traditional service industries and new service industries, including the medical services, construction services, lawyer services, testing and certification of the industry in Hongkong.


Second, consolidate and enhance Hongkong's status as an international financial centre. The Hong Kong stock portfolio ETF (Exchange Traded Fund) will be launched in the mainland, and it will continue to support mainland enterprises to list in Hong Kong and allow mainland Hong Kong legal person banks to participate in the joint venture. Fund sales business 。


Third, support Hongkong's development as an offshore renminbi business centre. The central government will actively support the development of the RMB market in Hongkong, expand the circulation of RMB funds in Hongkong and the mainland, and support the innovative development of offshore RMB financial products in Hongkong. We should extend the scope of RMB settlement in cross-border trade to the whole country, and support Hongkong enterprises to use Renminbi to invest directly in China. It is allowed to invest in the domestic securities market in the form of RMB foreign qualified institutional investor (RQFII), with a starting amount of 20 billion yuan.


Fourth, support Hongkong's participation in international and regional economic cooperation. The central government has continued to support Hongkong's active participation in multilateral and regional economic cooperation. Recently, it has focused on Hongkong's participation in East Asian regional cooperation and discussed the possibility of Hongkong's accession to the mainland's FTA agreements.


Fifth, promote the joint "going out" between the mainland and Hongkong enterprises. We will increase the policy support of "going out" jointly by mainland enterprises and Hongkong enterprises, and actively guide the mainland and Hongkong enterprises to cooperate in developing the international market.


Sixth, play an important role in Hongkong's cooperation in Guangdong, Hong Kong and Macao. The mainland will speed up the implementation of Guangdong, Guangdong, Macao and Macao cooperation Framework agreement We should support the construction of a financial cooperation area with Hongkong as the leader and build a modern circulation economic circle.


Li Keqiang stressed that the relevant departments and local authorities in the mainland will strengthen the connection with Hongkong authorities, implement these policies and measures in an all-round way, and continuously promote Hongkong's development and promote cooperation between the mainland and Hongkong, so that people in both places can get tangible benefits.


 

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