He Xiaojun: Phased progress has been made in building a unified trade financing platform for the Guangdong-Hong Kong-Macao Greater Bay Area using blockchain

According to the 21st Century Business Herald, recently, He Xiaojun, the director of Guangdong ’s Local Financial Supervision Bureau, stated at the Second Guangdong-Hong Kong-Macao Greater Bay Area Financial Development Forum that in terms of the interconnection of financial markets in the Greater Bay Area, Guangdong, Hong Kong and Macau have reached a direction. consensus. In addition, the use of blockchain technology to build a unified trade financing platform for the Guangdong-Hong Kong-Macao Greater Bay Area has also made progress. He also said that Guangdong would further encourage innovation, deepen business integration with Hong Kong and Macau in virtual banking, open up data barriers, and innovate the use of digital currency scenarios, so that modern financial technology can better serve the construction and development of the Greater Bay Area. Guangdong will also improve the regulatory cooperation mechanism with the financial management departments of Hong Kong and Macao, explore a financial supervision system with a regulatory sandbox as its core, and provide the best environment for the spread and application of modern financial technology.