B · Normal
[Hong Kong: Study and promote current account cross-border insurance fund settlement facilitation services for banking institutions to deepen interconnection with the mainland insurance market] September 16th, according to the Hong Kong Special Administrative Region News Government Gazette, the "First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)" was announced today (September 16), which proposed to promote cross-border capital flows and implement innovative experiments in financial policies. Strengthen financial market linkage with cities such as Shenzhen and Guangzhou, promote the application of cross-border data verification platforms, and promote the high-quality development of financial technology in the Guangdong-Hong Kong-Macao Greater Bay Area. Make good use of the role of the Guangdong-Hong Kong-Macao Greater Bay Area as a testbed for policy innovation, provide residents in the Guangdong-Hong Kong-Macao Greater Bay Area with a richer range of cross-border insurance products, study and promote banking institutions’ current cross-border insurance fund settlement facilitation services, and deepen interconnection with the mainland insurance market. Deepen cross-border gold processing trade, explore green finance, sustainable investment, and financial technology cooperation, promote the development of the carbon market and green financial ecosystem in the Guangdong-Hong Kong-Macao Greater Bay Area, and promote the development of the international carbon market.
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