Chief Executive CY Leung met China Investment Corporation Chairman and Chief Executive Officer Ding Xuedong at the Chief Executive's Office today.
Mr Leung said the Government has been promoting the development of offshore renminbi businesses in Hong Kong.
He said that with the staunch support of the Central Government, Hong Kong has become the largest offshore RMB business, financing and asset management centre in the world.
The launch of the Shanghai-Hong Kong Stock Connect has further reinforced Hong Kong's status as the prime offshore RMB business centre.
Noting the advantages of both "One Country" and "Two Systems" enjoyed by Hong Kong, Mr Leung encouraged the China Investment Corporation to leverage on the excellent investment platform in the city to develop its global businesses.
