Hong Kong seeks to beef up status as financial hub

The central government now has a vision for Hong Kong amid an evolving global political and economic landscape. — China Daily

HONG KONG: Business leaders, lawmakers and academics in Hong Kong have thrown their weight behind the city’s bid to seize opportunities arising from offshore yuan financing, Belt and Road fund-raising, financial technology applications and the “finance-plus-technology” development model to strengthen its status as a world financial hub.

The key strategies were mentioned in a resolution adopted at the third plenary session of the 20th Central Committee of the Communist Party of China in July.