The linkage between Hong Kong and Shanghai is good for the reform and opening up of the Mainland
Tan Yaling, president of the China Foreign Exchange Investment Research Institute, who attended the press conference, said that Hong Kong itself has huge potential, and efficiency and international influence still exist, so how to tap the potential and form interaction with the mainland is very important for Hong Kong's financial center. The consolidation of the status and the final opening of the renminbi have dual meanings. Therefore, she believes that Hong Kong and Shanghai should have a linkage, which is beneficial to both the mainland and Hong Kong. The convertibility of RMB can create a test field in the Greater Bay Area, or even between Hong Kong and Shanghai, or create an interactive mechanism. In this way, the stability of confidence in Hong Kong and the improvement of the efficiency of reform and opening up in the Mainland will benefit China the most.
Tan Yaling believes that making good use of Hong Kong will have a particularly good interaction and various effects on the financial center of mainland China and the financial center of Hong Kong. Making Hong Kong bigger and bigger in Asia is particularly meaningful to China's interests and the Greater China region.
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