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| Author: | Cao, Longqi |
| Title: | The practice of financial cooperation between Shenzhen and Hong Kong (original in Chinese) |
| Journal: | Special Zone Economy (c)
1997 : 12, p.26-27 |
| Index terms: | FINANCE CHINA HONG KONG ECONOMIC INTEGRATION |
| Language: | chn |
| Abstract: | The important step of the financial cooperation between both areas is the mutual establishment of the financial institutions and mutual infiltration. Doing so will help establish export-oriented and internationalized financial industry in Shenzhen and at the same time consolidate and strengthen Hong Kong international financial center. To this end the payment systems should be linked up with each other and the methods of payment unified in a bid to realize the global of settlement network. The dovetail of the financial markets of both areas should be directional and mutually infiltrated. The supervision and management of circulation of the currencies of both areas should be strengthened and the effective management information system and risk management system established gradually. |
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