Li Jiachao: The Hong Kong Special Administrative Region Government will continue to enhance the competitiveness of Hong Kong's financial market and further consolidate its position as an international financial center.

On August 3, the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission announced a series of new measures to further deepen practical cooperation and coordinated development between the two markets, consolidating and enhancing Hong Kong's status as an international financial center. The Hong Kong Special Administrative Region (SAR) government warmly welcomed the measures.