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The 6th Greater Bay Area Financial Development Forum, hosted by the Guangdong Provincial Financial Committee Office, recently took place in Qianhai, Shenzhen. The forum's theme was "Building a Strong Financial Nation and an International Financial Hub in the Greater Bay Area."

Yu Bin, a member of the National Committee of the Chinese People's Political Consultative Conference and Deputy Director of the Development Research Center of the State Council, delivered a keynote speech titled "Accelerating the Creation of an International Financial Hub in the Greater Bay Area to Support the Construction of a Strong Financial Nation." He emphasized the importance of five key areas: supporting technological innovation with a comprehensive financial service system, developing unified green finance standards, addressing regional development imbalances, integrating the digital economy with finance, and enhancing inclusive finance.

Zhang Junxuan, Deputy Director of the National Committee of the Chinese People's Political Consultative Conference Proposal Committee and Chairman of the China Development Research Foundation, highlighted the need for a top-tier financial development system and policy environment to establish a strong financial nation and an international financial hub. He advocated for faster marketization, legal reforms, and internationalization to create a competitive financial market environment.

Paul Chan, Financial Secretary of the Hong Kong SAR Government, noted that financial cooperation in the Greater Bay Area is advancing through the joint efforts of the governments and industries of Guangdong, Hong Kong, and Macau. Looking ahead, he emphasized the continued collaboration between the three regions to drive high-quality development in the Greater Bay Area.

Chan Sau Sin, Chairman of the Monetary Authority of Macau, outlined Macau's plans to develop digital finance infrastructure, including instant payment and rapid settlement systems, and to foster a technology-friendly financial environment. He also discussed establishing a cooperative mechanism for fintech innovation and regulation with mainland China and Hong Kong and promoting green finance cooperation through green credit and cross-border asset transfers.