Hong Kong Financial Secretary Paul Chan: The total quota for RMB business fund arrangements has doubled to 200 billion RMB at the beginning of the month.

On February 25, Hong Kong SAR Financial Secretary Paul Chan delivered the government’s financial budget for the 2026-2027 fiscal year at the Legislative Council. Paul Chan stated, “The 14th Five-Year Plan proposes to promote the internationalization of the Renminbi and enhance the openness of capital account.”

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