Paul Chan: Hong Kong will further expand the dim sum bond market and develop RMB-denominated gold and commodities markets.

Zhitong Finance APP has learned that on September 20, Hong Kong Financial Secretary Paul Chan Mo-po said in a blog post that the national "15th Five-Year Plan" proposes accelerating the building of a financial powerhouse, and Hong Kong's role is clear and unique, including providing a safe and reliable offshore platform fully aligned with international rules. Hong Kong's offshore RMB loans hit a record high of RMB 935 billion last year, and the funding arrangement quota for RMB business has been expanded to RMB 500 billion. Hong Kong will further expand the dim sum bond market and develop RMB-denominated gold and commodity markets, helping the country enhance its international pricing power in related fields. Give full play to Hong Kong's strengths and serve the country's needs; the country's high-quality development is Hong Kong's greatest development opportunity and source of confidence.