According to a report by Coin World, as reported by Hong Kong's Ming Pao, National Committee member Yao Zhisheng stated that it is time for Hong Kong to draft a white paper on financial development, aiming to surpass London with stablecoin bonds, and to announce specific arrangements clearly in this year's policy address. The main recommendations are as follows: 1. Establish two major strategic goals for financial development: first, to develop into an international financial center based on both the RMB and USD as 'dual bases'; second, to become an international financial center on par with New York. 2. Focus on the development of RMB stablecoins and the expansion of RMB bond issuance to accelerate the internationalization of the RMB. 3. Formulate a 5-year plan for financial development and outline a 10-year vision blueprint to ensure the implementation of financial development goals. 4. The Chief Executive should personally lead the drafting and implementation of the white paper.