Hong Kong Financial Secretary Paul Chan announced plans to establish a gold and commodity trading ecosystem as part of the region's strategic development. In a statement titled "The 15th Five-Year Plan—Leveraging Unique Advantages to Better Integrate into and Serve the Overall Development of the Country," Chan emphasized Hong Kong's commitment to enhancing its status as an international financial center.
The initiative aims to empower industries through a "finance+" approach, focusing on innovative technologies and supporting the real economy. Key areas include financing for startups, strengthening the offshore RMB business hub, and developing green finance, alongside the new trading ecosystem.
Hong Kong to Develop Gold and Commodity Trading Ecosystem
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