Hong Kong Legislative Council members call for in-depth cooperation with relevant mainland units to accelerate the process of digital Hong Kong dollar

Yan Gang, a member of the Legislative Council of the Hong Kong Special Administrative Region, said in an interview that the development of the digital Hong Kong dollar should be accelerated, financial products should be enriched, and market influence should be enhanced. Digital currency adapts to the development of financial digitalization and has the potential to lead innovation in the field of financial technology. By establishing more efficient payment and financial infrastructure, digital currency can improve the efficiency and convenience of the financial industry. The development of digital currency in Hong Kong can also attract more financial technology and blockchain-related companies to develop in Hong Kong, further promote Hong Kong to become an innovation center for financial technology, enhance the content of innovative technology mechanisms of international financial centers, and thus enhance the status of international financial centers. It is recommended that the government learn from the experience of the mainland, cooperate deeply with relevant mainland units, accelerate the process of promoting the digital Hong Kong dollar, and actively study and promote the digital currency economy. (China Review News Agency)