Shenzhen will accelerate the construction of the Shenzhen International Wealth Management Center, and link Hong Kong to carry out the pilot pilot of digital RMB cross -border payment.
According to the surging news report, the Shenzhen Local Financial Supervision and Administration Bureau issued opinions on Monday (January 9) on accelerating the construction of the Shenzhen International Wealth Management Center (hereinafter referred to as).
The opinion mentioned that Shenzhen should build a modern wealth management ecosystem with elements, complete formats, and open integration. The scale, innovation capabilities, open levels, and influence competitiveness of the wealth management industry have reached the international leading level.
The opinions proposed that we must strengthen the cooperation of Shenzhen -Hong Kong wealth management and expand the opening of the wealth management market.Among them, it is clearly proposed that Shenzhen supports the development of cross -border and offshore wealth management business. It will rely on the People's Bank of China Fintech Research Institute to further promote the pilot workdistrict.
At the same time, Shenzhen will open up the two -way flow channels of RMB in Shenzhen and Hong Kong, encourage wealth management institutions in Shenzhen and Hong Kong to actively participate in the "Shenzhen -Hong Kong Stock Connect", "Bond Connect", "Cross -border Wealth Management", "Conversion""The financial market interconnection mechanism will increase the proportion of RMB in cross -border investment.
In addition, Shenzhen will support Shenzhen and Hong Kong to jointly develop more financial products with RMB pricing and transactions, improve the level of facilitation of domestic and foreign entities to allocate RMB financial assets, and further use the Shenzhen RMB International Investment and Loan LoanFund function supports the establishment of an investment platform in Hong Kong and applying for the Hong Kong asset management license to promote the internationalization process of the RMB investment and loan fund.
