Financial Secretary John Tsang met Hong Kong & Macao Affairs Office Director Wang Guangya on the first day of his visit to Beijing today.
Mr Tsang also met China Insurance Regulatory Commission Chairman Xiang Junbo.
They discussed Hong Kong’s latest economic situation and strengthening co-operation on two-way cross-boundary renminbi reinsurance.
He also met Inspector of the Western Region Development Department of the National Development & Reform Commission Ou Xiaoli.
Mr Tsang said as the international financial centre of China and the global offshore renminbi business centre, Hong Kong has a well-developed capital market and robust regulatory framework, and can serve as the investment and financing hub for infrastructure projects along the Belt & Road region.
He added the Infrastructure Financing Facilitation Office can provide a platform for information exchange and experience sharing for key stakeholders, and facilitate infrastructure development in the region.
The office was newly established under the Monetary Authority.
Joining him on the visit are Secretary for Financial Services & the Treasury Prof KC Chan and Monetary Authority Chief Executive Norman Chan.
