[Hong Kong’s first five-year plan: Strengthening Hong Kong’s function as the world’s largest offshore RMB business hub] On September 16, Hong Kong SAR Chief Executive Lee Ka-chiu announced the “First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)” (hereinafter referred to as the “Plan”) and the “Chief Executive’s 2026 Policy Address”. The "Plan" mentions strengthening Hong Kong's function as the world's largest offshore RMB business hub. Comprehensively expand the scale of offshore RMB business, continue to improve the offshore RMB ecosystem, enhance liquidity support, establish a liquidity supplement mechanism for Hong Kong's offshore RMB market, accelerate offshore RMB product innovation and expand product types, build a full-coverage, multi-level RMB cross-border circulation network, and improve the stability of offshore RMB financing. Actively promote the RMB as the government's payment currency. Further enhance the ability of the offshore RMB market to support the real economy, comprehensively enhance its support and promotion role in areas such as trade, investment and financing, and cross-border business expansion, support enterprises in using RMB more extensively in cross-border economic and trade business, and facilitate the exchange of RMB with currencies in other regions.