The Chief Executive’s Policy Unit (CEPU) held its third internal sharing session today to study in-depth the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China. The sharing session was chaired by Dr Stephen Wong, Head of the CEPU, with five experts in the finance sector invited to share their views on the spirit of the Plenary Session and their understandings of the policy directions outlined in the Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization (the Resolution) with respect to finance.
The experts who shared their views at the session included (in no particular order) Dr Levin Wang, CEPU Expert Group member and Chief Executive Officer (CEO) of Huatai Financial Holdings; Mr Hong Xiaoyuan, CEPU Expert Group member and Chairman of China Merchants Finance Holdings; Mr Kevin Chan, CEPU Expert Group member and Executive Vice President of the Chinese Banking Association of Hong Kong; Mr Zhang Jianguang, Dean of the Hong Kong Financial Research Institute of Bank of China; and Ms Yang Qiumei, Advisor to the CEO at the Hong Kong Exchanges and Clearing Limited.
Dr Stephen Wong thanked the five experts for their sharing. He remarked that the Resolution had mentioned that Hong Kong should harness the institutional strengths of “One Country, Two Systems” while consolidating and enhancing its status as an international financial, shipping, and trade centre, exert a greater role in our country’s opening up to the world, and serve as an aid in the nation’s pursuit of high-standard opening up. All these required further in-depth researches and studies. The three deputy heads of the CEPU, Ms Hinny Lam, Dr Wang Chunxin and Mr Nicholas Kwan, and members of the CEPU research team also attended the sharing session to learn more about the related matters. The CEPU’s first internal sharing session on the Plenary Session, which was chaired by Dr Stephen Wong, was held in July with Dr Wang Chunxin as the speaker. The second session, also chaired by Dr Stephen Wong, was held in August, with five experts invited to share their views. Details of that sharing session is available athttps://www.cepu.gov.hk/tc/PUEG/expertGroup_events/20240812.html