Hong Kong Financial Secretary: Hong Kong will build a gold and commodity trading ecosystem

PANews reported on March 8 that Hong Kong Financial Secretary Paul Chan published a statement titled "The 15th Five-Year Plan—Leveraging Unique Advantages to Better Integrate into and Serve the Overall Development of the Country." The statement highlights Hong Kong's commitment to consolidating and enhancing its advantages as an international financial center. More importantly, under the premise of safety and controllability, Hong Kong aims to empower various industries through a "finance+" approach, supporting the accelerated development and application of innovative technologies, and enabling finance to better support the real economy in unleashing its potential. Specifically, key areas will include financing for startups and the development of patient capital; strengthening the offshore RMB business hub; developing green finance; and building an ecosystem for gold and commodity trading.