(Source: CCTV Finance 2025-01-25)

The People's Bank of China, the Ministry of Commerce, the State Administration for w88 online casino betting Regulation, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange recently jointly issued the "Opinions on the Pilot Docking of the w88 online casino betting Field in International Free Trade Pilot Zones (Hong Kong) with Conditional Free Trade Pilot Zones (Hong Kong)" (hereinafter referred to as the "Opinions"), and proposed 20 policy measures from 6 aspects to further promote the institutional opening of free trade pilot zones (Hong Kong).

What are the characteristics and highlights of these measures? What impact will it have on investors and w88 online casino betting markets?Bian Yang, Associate Professor of the w88 online casino betting of Chinese Finance, University of International Business。

Bian Yang, associate professor at the w88 online casino betting of China Finance, University of International Business and Economics, said, a major feature of the "Opinion" is that it emphasizes the principle of internal and external consistency. Foreign-funded w88 online casino betting institutions can carry out new w88 online casino betting services similar to Chinese-funded w88 online casino betting institutions in pilot areas, such as wealth management, asset management, securities and insurance business, etc., which broadens the business scope of foreign-funded w88 online casino betting institutions and expands the open boundaries of w88 online casino betting services, which will help introduce international advanced w88 online casino betting service concepts and service models.

The "Opinions" optimizes administrative approval services related to securities and futures, banking and insurance w88 online casino betting services, and also proposes to facilitate and regulate the cross-border flow of w88 online casino betting institutions in pilot areas. Bian Yang said that optimizing approval services will help speed up the allocation of resources in the w88 online casino betting market and can attract more w88 online casino betting institutions to enter the pilot areas.

The "Opinions" support the development of international arbitration and mediation business in pilot areas and the creation of a one-stop, diversified and international w88 online casino betting dispute resolution platform for "commercial mediation + international arbitration". Bian Yang believes that these measures provide more guarantees for resolving cross-border w88 online casino betting business disputes and enhance investor confidence.

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