Page 146 - 2021 Special Report
P. 146
Fig 12 The gaming and tourism industry grew sharply since the end of the monopoly in 2002
Source: Wind
of economic and trade rules with Hong Kong on Financial Support for the Development of
and Macau, promote the improvement of the the Guangdong-Hong Kong-Macau Greater
institutional opening of the Guangdong-Hong B a y A r e a ", r e q u e s t i n g f u r t h e r p r o m o t i o n o f
Kong-Macau Greater Bay Area, and support financial opening and innovation and deepening
Hong Kong and Macau to participate in the Mainland China’s financial cooperation with
construction and consumption upgrade of the Hong Kong and Macau, increasing financial
nine cities in the Pearl River Delta of the Greater support for development of the Guangdong-
Bay Area. The "Opinions" contain 27 specific Hong Kong-Macau Greater Bay Area, and
measures in six areas, covering key areas such enhancing the supporting and leading role of the
as consumption, circulation, trade, investment Guangdong-Hong Kong-Macau Greater Bay Area
and economic cooperation. They will become a in national economic development and opening
policy guide for the business sector to support up. The "Opinions" support Macau in building
the construction of the Guangdong-Hong Kong- a China-Portuguese-speaking country financial
Macau Greater Bay Area in the future. service platform, establishing an export credit
insurance system, building a Renminbi clearing
Opinions of the People's Bank of China, the center for Portuguese-speaking countries,
China Banking and Insurance Regulatory Com- undertaking financial cooperation services
mission, the China Securities Regulatory Com- between China and Portuguese-speaking
mission and the State Administration of Foreign countries, and supporting Macau in developing
Exchange on Financial Support for the Devel- special financial services such as leasing, and
opment of the Guangdong-Hong Kong-Macau promoting to build a Macau-Zhuhai cross-
Greater Bay Area border financial cooperation demonstration
zone; supporting Macau to join the Asian
In April 2020, the People’s Bank of China, Infrastructure Investment Bank if conditions are
the China Banking and Insurance Regulatory met, and support the Silk Road Fund and related
Commission, the China Securities Regulatory financial institutions to set up branches in Hong
Commission, and the State Administration Kong and Macau.
of Foreign Exchange issued the "Opinions
146
Source: Wind
of economic and trade rules with Hong Kong on Financial Support for the Development of
and Macau, promote the improvement of the the Guangdong-Hong Kong-Macau Greater
institutional opening of the Guangdong-Hong B a y A r e a ", r e q u e s t i n g f u r t h e r p r o m o t i o n o f
Kong-Macau Greater Bay Area, and support financial opening and innovation and deepening
Hong Kong and Macau to participate in the Mainland China’s financial cooperation with
construction and consumption upgrade of the Hong Kong and Macau, increasing financial
nine cities in the Pearl River Delta of the Greater support for development of the Guangdong-
Bay Area. The "Opinions" contain 27 specific Hong Kong-Macau Greater Bay Area, and
measures in six areas, covering key areas such enhancing the supporting and leading role of the
as consumption, circulation, trade, investment Guangdong-Hong Kong-Macau Greater Bay Area
and economic cooperation. They will become a in national economic development and opening
policy guide for the business sector to support up. The "Opinions" support Macau in building
the construction of the Guangdong-Hong Kong- a China-Portuguese-speaking country financial
Macau Greater Bay Area in the future. service platform, establishing an export credit
insurance system, building a Renminbi clearing
Opinions of the People's Bank of China, the center for Portuguese-speaking countries,
China Banking and Insurance Regulatory Com- undertaking financial cooperation services
mission, the China Securities Regulatory Com- between China and Portuguese-speaking
mission and the State Administration of Foreign countries, and supporting Macau in developing
Exchange on Financial Support for the Devel- special financial services such as leasing, and
opment of the Guangdong-Hong Kong-Macau promoting to build a Macau-Zhuhai cross-
Greater Bay Area border financial cooperation demonstration
zone; supporting Macau to join the Asian
In April 2020, the People’s Bank of China, Infrastructure Investment Bank if conditions are
the China Banking and Insurance Regulatory met, and support the Silk Road Fund and related
Commission, the China Securities Regulatory financial institutions to set up branches in Hong
Commission, and the State Administration Kong and Macau.
of Foreign Exchange issued the "Opinions
146
