Hong Kong Financial Secretary Paul Chan recently said in a note that apart from e-payments at the retail level, we are also promoting further research on the use of central bank digital currency (CBDC). In addition to the current pay levels in cross-border trade continue to try to CBDC, over the next year, we will be published in Hong Kong for wholesale and retail level CBDC strengthening preparation, including the Hong Kong dollar digital currency (e - HKD) in the application of local retail level, and continue to cooperate with the People's Bank of China, digital currency (e - CNY) test in Hong Kong, the use of technology, To provide convenient cross-boundary payment services for Mainland and Hong Kong residents. (Flush Financial Research Centre)
