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The Chief Executive of the Hong Kong Monetary Authority, Mr Norman Chan, speaks at a seminar entitled "Hong Kong: Offshore Renminbi Centre for Global Businesses" in London on September 13 (London time). He said that with the growth in advanced economies expected to turn more subdued in the next few years, it has been projected that more than one-third of the global economy's growth would come from the Mainland, and Hong Kong is the gateway best placed to develop and deepen global economies' trade and investment links with the Mainland.
 
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