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According to Techub News, the Hong Kong Commercial Daily reported that Shen Jianguang, Vice President of JD Group, stated at the opening forum of the "Wealth Management Expo 2025" that the renminbi has unique advantages in internationalization development, benefiting from the mainland's vast economy and international trade scale, as well as the favorable soil and foundation brought by overseas investments related to the "Belt and Road" initiative. He pointed out that although the internationalization of the renminbi has made significant progress, there is still considerable rise potential in global currency usage.
Shen Jianguang believes that Hong Kong can be a global leader in the development of offshore RMB, subsequently promoting it worldwide, describing it as "a path to currency internationalization with Chinese characteristics." He suggested that Hong Kong could develop stablecoins for offshore RMB, which would help the RMB secure a place in the "next generation of international currency competition."