Hong Kong SAR Government Releases "Hong Kong Enterprise Treasury Center Development Action Plan"

Odaily Planet Daily News The Secretary for Financial Services and the Treasury Bureau (FSTB) of the Hong Kong SAR Government, Mr. Christopher Hui, today (9th) announced the "Hong Kong Enterprise Treasury Center Development Action Plan" at the Enterprise Treasury Center Forum. The "Action Plan" proposes targeted strategies to strengthen Hong Kong's position as a major hub for multinational enterprise treasury centers, elevate Hong Kong into a primary base for enterprise treasury centers, and reinforce Hong Kong's platform role in "bringing in and going global."

Compiled jointly by the FSTB, the Inland Revenue Department, the Hong Kong Monetary Authority (HKMA), and Invest Hong Kong, the "Action Plan" has two main objectives: to attract more multinational enterprises to establish enterprise treasury centers in Hong Kong, and to assist enterprise treasury centers already operating in Hong Kong in expanding their scale, fully leveraging Hong Kong's comprehensive financial ecosystem. (Greater Bay Area Voice)