Meeting to boost Guangzhou-HK-Macao financial cooperation

A promotional meeting was held in Hong Kong on Jan 14 to boost financial cooperation among Hong Kong, Macao and Guangzhou.

Over 200 government officials, enterprise representatives and financial experts from home and abroad attended the meeting. 

Chen Zhiying, vice mayor of Guangzhou, said Guangzhou will continue to strengthen financial cooperation with Hong Kong and Macao, and explore the establishment of the Greater Bay Area Financial Exchange and Cooperation Alliance. 

Chen added that Guangzhou will work to promote the linking of the capital and financial markets in the Guangdong-Hong Kong-Macao Greater Bay Area and build the Greater Bay Area into a world-class metropolitan area.

According to He Xiaojun, head of the Guangdong Provincial Bureau of Local Financial Supervision and Management, the financial cooperation between Guangdong, Hong Kong and Macao has produced positive effects in the following areas: cooperation between financial institutions, cross-border RMB business, capital market cooperation, and cross-border financial services. The bureau plans to further deepen cooperation with Hong Kong and Macao, and promote the integrated financial development of Guangdong, Hong Kong and Macao to provide strong support for the construction of the Greater Bay Area.