[Hong Kong Monetary Authority: continuing to cooperate with mainland authorities and the financial industry to further develop Hong Kong's offshore RMB market] the Hong Kong Monetary Authority (HKMA) released its 2022 Annual report on 28 April. In its focus and outlook for 2023, it is pointed out that the HKMA will continue to work with the mainland authorities and the financial industry to further develop the offshore RMB market in Hong Kong, including deepening market liquidity, promoting the development of more diversified RMB products, and upgrading Hong Kong's relevant financial infrastructure to consolidate Hong Kong's position as a global offshore RMB business hub.