Hong Kong and Shenzhen plan to jointly build a global fintech center to support the establishment of a blockchain green asset development platform

The Hong Kong Financial Services and the Treasury Bureau and the Shenzhen Municipal Bureau of Local Financial Regulation jointly issued the "Action Plan for Jointly Building the Hong Kong-Shenzhen Global Fintech Center (2025-2027)", which points out that by the end of 2027, more than 20 cross-border data verification platform financial application scenarios between Shenzhen and Hong Kong will be implemented. At the same time, it encourages Shenzhen enterprises to issue sustainable offshore RMB bonds in Hong Kong and supports the establishment of green asset development platforms based on technologies such as blockchain and smart contracts.