The People's Bank of China said Gov. Pan Gongsheng attended the Hong Kong Monetary and Fixed Income Summit, witnessed the start of trial operations for Hong Kong's central gold clearing and settlement system, the launch of Shanghai-Hong Kong gold market cooperation and a cooperation memorandum between the cross-border interbank payment clearing company and Hong Kong Exchanges and Clearing, and separately met senior Hong Kong officials to discuss macroeconomic and financial conditions, deeper mainland-Hong Kong market connectivity, development of Hong Kong's offshore renminbi market and Hong Kong's role as an international financial center.
Central Bank of the Republic of China2026-07-07
People's Bank of China witnesses Hong Kong gold clearing system trial launch and Shanghai Hong Kong market cooperation
At the Hong Kong Monetary and Fixed Income Summit, People's Bank of China Gov. Pan Gongsheng witnessed the launch of Hong Kong's gold clearing system trial, Shanghai-Hong Kong gold market cooperation and a payment clearing company accord with Hong Kong Exchanges and Clearing, then met Hong Kong officials on market connectivity and offshore renminbi development.