The University of Macau, Zhejiang University, and Renmin University of China jointly held a symposium on 30 October 2020 on financial innovation and new opportunities in the Greater Bay Area and a roundtable meeting on monetary and financial matters. The 2020 RMB Internationalisation Report was presented at the meeting. Tu Yonghong and Cao Tong, deputy director and co-chairman of the Institute of International Monetary Studies at Renmin University of China, provided objective and comprehensive suggestions for the future development of Macao’s finance industry based on the report.

Source: Asia-Pacific Academy of Economics and Management

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