According to Techub News and reported by Ming Pao, National Committee member Yao Zhisheng stated that Hong Kong should timely compile a White Paper on financial development and clearly propose specific arrangements in this year's policy address, focusing on promoting the development of stablecoins and bond business to surpass London. He made four suggestions, including that the White Paper should establish two strategic goals for Hong Kong's financial development: to build a "dual foundation" international financial center based on the Renminbi and the US dollar, and to stand alongside New York as a global financial hub; to focus on developing Renminbi stablecoins and expanding Renminbi bond issuance, promoting the internationalization of the Renminbi; to formulate a financial development plan for the next five years and outline a ten-year vision blueprint; and for the Chief Executive of Hong Kong to personally lead the preparation and implementation of the White Paper.