Commodities strategy meeting held

Source: Hong Kong Information Services

The Strategic Committee on Commodities, chaired by Financial Secretary Paul Chan, convened its first meeting today.

Members received a briefing on global commodities market trends and Hong Kong’s development potential, and discussed the categories of commodities and key areas that should be prioritised for in-depth study and discussions.

Mr Chan said: “The committee brings together leaders from across the commodities trading ecosystem, including finance, commerce and trade, shipping, logistics and professional services sectors to conduct in-depth and comprehensive research into global commodities market trends, thoroughly review the current landscape and trends in areas such as physical trade, financial and derivative trading as well as shipping and logistics.

“It will also study the opportunities for developing businesses of various major and emerging categories of commodities in Hong Kong, enhance market mechanisms and regulatory framework, build an industry ecosystem, and explore mutual market access with the Chinese Mainland.

“The committee will also provide specific recommendations on the positioning, development planning and promotion strategy for Hong Kong’s commodities market.”

In the 2025 Policy Address, the Chief Executive proposed the establishment of the strategic committee to bring together industry representatives with the aim of strengthening the top-down design and long-term strategy of Hong Kong’s commodity policy.