Li Bing, Deputy Secretary-General of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), meets with Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), in Beijing on Dec 20.[Photo/sasac.gov.cn]
Li Bing, Deputy Secretary-General of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), met with Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), in Beijing on Dec 20.
Li introduced the latest progress of the reform and development of central state-owned enterprises (SOEs). He said that central SOEs will firmly act on decisions and plans of the central government, and continuously deepen their cooperation with Hong Kong. They will make full use of their resources in meeting the country's development demands and better aligning with Hong Kong's strengths, support Hong Kong in enhancing its status as an international financial center, and make greater contributions to Hong Kong's long-term prosperity and stability and its endeavors to integrate itself with the overall national development, he noted.
Yue outlined Hong Kong’s role as an international financial center and its efforts to promote the internalization of the Chinese currency Renminbi. He added that the HKMA will provide central SOEs with more support in the utilization of Hong Kong's strengths and the joint pursuit of high-quality Belt and Road cooperation.
(Executive editor: Hao Wen)
