Financial Innovation: Hong Kong Experience

Author: Guo Shiping
Publisher:
Publish Date: 2005-11-24
Features: With the impending end of China's transition period after joining the World Trade Organization, China's financial industry will inevitably face fierce international competition. The current state of China's financial industry has a strong demand for financial innovation. As one of the world's financial centers, Hong Kong's financial industry has been at the forefront of both business and institutional innovation globally. Learning from Hong Kong's experience and lessons in financial innovation and actively pursuing financial innovation are inevitable choices for the development of China's financial industry.