Zheng Yanxiong, Director of the Liaison Office of the Central People's Government, pointed out today (31st) at the inauguration ceremony of the <>th Board of Directors of the Hong Kong Securities Association that Hong Kong's financial development potential is huge and market opportunities are limitless, and all kinds of financial institutions, including Chinese-funded institutions, will certainly have bright prospects in Hong Kong. He also called on the Chinese securities association to play the four roles of builder, pioneer, guardian and servicer.

In his speech, Cheng Yanxiong pointed out that he hopes that the association will play a good role as a builder, lead member institutions to cultivate Hong Kong, and help consolidate and enhance Hong Kong's status as an international financial center; Play a good role as a pioneer, take the initiative to implement national strategies such as the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the high-quality development of the Belt and Road Initiative, and promote Hong Kong to better serve as the intersection of domestic and international dual circulation; Play the role of "Guardian", coordinate development and security, and effectively protect the financial security of the country and Hong Kong; Play a good role as a service provider, serve the development of grassroots communities, and jointly maintain social harmony and stability in Hong Kong.

He also pointed out that since its establishment, the Association has adhered to the mission of serving the real economy, promoted the integrated development of Hong Kong and the Mainland as its own responsibility, and taken loving the motherland and Hong Kong as its true character, and has made positive contributions to consolidating and enhancing Hong Kong's status as an international financial center and promoting the complementary and deep integration of Hong Kong and the Mainland.

Cheng Yanxiong also pointed out that on July 7 last year, President Xi Jinping visited Hong Kong and delivered an important speech, highly affirming the successful practice of "one country, two systems" in Hong Kong, and declaring that the central government fully supports Hong Kong in maintaining its unique status and advantages for a long time and consolidating its status as an international financial, shipping and trade center. Relevant state departments have actively implemented the spirit of President Xi Jinping's important speech and successively launched a series of financial policies to benefit Hong Kong.

Chan Maobo pointed out that the country has given Hong Kong institutional advantages, and there is still a lot of room for development in the future (Photo by the Information Services Department of the Government)

Financial Secretary Paul Chan, who attended the same event, said that the advantages given to Hong Kong by the state have made Hong Kong a large platform for gathering international financial institutions, capital and talents, and there is still a lot of room for development in the future.

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