Hong Kong Financial Secretary: Hong Kong will build an ecosystem for gold and commodities trading

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Odaily Planet Daily reports that Hong Kong Financial Secretary Paul Chan Mo-po published an essay titled “The 14th Five-Year Plan—Leveraging Unique Advantages to Better Integrate and Serve the Overall Development of the Country,” which states that Hong Kong is committed to consolidating and enhancing its status as an international financial center. More importantly, under safe and controllable conditions, it aims to empower various industries through a “Finance+” approach, supporting the accelerated development and application of innovative technology to better enable the real economy. Specifically, key areas include fundraising and development of patient capital mainly for tech startups, strengthening the offshore RMB business hub, developing green finance, and building an ecosystem for gold and bulk commodity trading.

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