According to news on November 3, Hong Kong Financial Secretary Chen Maobo said in a speech at Hong Kong Fintech Week 2021. Facing the epidemic and other challenges.
Hong Kong still maintains its status as an international financial center and ranks first in Asia. It also pointed out that the country’s “14th Five-Year Plan” not only supports Hong Kong in continuing to develop global financial services. It also promotes Hong Kong to become an innovation and technology center, and also promotes the docking of the dry-port financial market.
He also mentioned that the Hong Kong Monetary Authority is studying the issuance of central bank digital currencies for retail purposes, and pointed out that the Fast Payment System (FPS) has developed rapidly since its launch.
As of the end of September, more than 9 million users have registered, and an average of more than 740,000 transfer transactions are processed daily, with a total value of 5.2 billion Hong Kong dollars.
In addition, the electronic consumer voucher scheme will facilitate the wider use of electronic payments. Think the plan wins consumers. And the business community responded positively.