日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Another notch in Hong Kong's belt

Updated: 2016-12-08 09:45

By Sophie HE in Hong Kong(HK Edition)

  Print Mail Large Medium  Small

Hong Kong has the potential to play a bigger role in the Belt and Road (B&R) Initiative, according to Qianhai Institute for Innovative Research President Edward Chen Kwan-yiu.

One solution is greater cooperation with Shenzhen's Qianhai special economic zone, he told China Daily on the sidelines of a China Daily Asia Leadership Roundtable Luncheon on Wednesday.

Chen said while the Hong Kong government has put in a lot of emphasis on its participation in the B&R Initiative, the city is certainly able to achieve more, especially in the involvement of its banking sector.

"So far, there are very few big projects to our knowledge the banking sector (of Hong Kong) seem to be rather reluctant to participate as the payout period is too long," he said.

Another notch in Hong Kong's belt

"Hong Kong banks, they don't like payout period longer than 10 years, but the investment period for most infrastructure projects (of the B&R economies) are at least 20 years."

Hong Kong should ideally be a financing platform for infrastructure projects, due to the city's status as a global financial center, but then there seems to be a mismatch in terms of the structure of payback periods.

While a payback period of 20 years may seem too long, it does not mean that Hong Kong cannot play an important role through financial innovation, including securitizing long-term investment and turning the investment into bonds or other financial instruments, Chen said.

The central government has placed Shenzhen's Qianhai as a special economic zone to experiment with new financial policies, he said. This decision was taken because of Qianhai's proximity to Hong Kong, so that Qianhai could learn from the financial expertise, experience and institutions of its neighbor.

He pointed out that Hong Kong and Qianhai complement each other, as Qianhai enjoys favorable and innovative policies while Hong Kong possesses talent and experience - by working together, the two will be able to form bigger roles in the region.

Chen said Qianhai is very eager to cooperate with Hong Kong, and that Hong Kong should set up large companies in Qianhai to take advantage of favorable policies. Doing so would make it easier for Hong Kong companies to invest in projects in the B&R region, particularly in terms of risk management, he said.

"We can work together with Qianhai to introduce new financial products and launch them on the Chinese mainland, for example, to raise funds," he said.

As Hong Kong banks are not so keen to undertake long-term investment, they should partner with Chinese mainland institutions to introduce more new financial products, securities and long-term loans to fund the infrastructure projects, Chen said.

"I think somehow we have underestimated the importance of Qianhai in terms of our own financial development and our own role in the B&R Initiative," he said.

sophiehe@chinadailyhk.com

Another notch in Hong Kong's belt

(HK Edition 12/08/2016 page8)

主站蜘蛛池模板: 一区二区三区午夜 | 成人免费看黄 | 免费涩涩网站 | 大桥未久在线 | 亚洲欧洲日本国产 | 日韩欧美精品在线 | 国产极品视频在线观看 | 亚洲精品视频在线播放 | 欧美黑吊大战白妞 | 五月天av网站 | 久久久久国产 | 华人永久免费 | 国产资源网站 | 亚洲最大中文字幕 | 黄色在线视频网站 | 久久久久久久一 | 日韩高清欧美 | 中文字幕第一区 | 色综合天天综合 | 综合av在线| 欧美一级在线观看 | 日本欧美在线观看视频 | 成人在线视频网 | 国产精品1区 | 日韩成人在线免费观看 | 久久久久久久久久久久国产精品 | 久久国产精品-国产精品 | 免费观看成年人视频 | 69精品久久久久久 | 91九色网站 | 欧美大喷水吹潮合集在线观看 | 欧美资源网 | 成人综合色站 | 在线成人小视频 | 色播久久 | 三级视频在线看 | 国产成人精品视频免费 | 麻豆视频观看 | 福利一区福利二区 | 黄色三级国产 | 中文字幕在线观 |