[Hong Kong Monetary Authority: Encouraging Mainland Enterprises to Establish Overseas Business Headquarters and Corporate Treasury Centers in Hong Kong] Chen Weimin, Deputy Chief Executive of the Hong Kong Monetary Authority, stated at the 7th Guangdong-Hong Kong-Macao Greater Bay Area Financial Development Forum on August 30 that the HKMA actively encourages mainland enterprises to set up overseas business headquarters and corporate treasury centers in Hong Kong to coordinate the allocation of overseas funds. In terms of payments, the current global payment system still faces pain points such as multiple intermediaries and high payment costs. With technological advancements, these issues will gradually be resolved. One example is the application of blockchain technology in the payment sector. At present, Hong Kong is simultaneously advancing the applications of central bank digital currencies and commercial bank currencies, aiming to provide more convenient and efficient payment solutions for future cross-border trade and investment. (People's Financial News)