Hong Kong maps growth path for pillar industries
Hong Kong has laid out a five-year programme to strengthen its established economic pillars while building new growth engines, with a gold-led commodity trading ecosystem among the centrepieces of its strategy through 2030. Chief Executive John Lee’s 2026 Policy Address and the city’s first Five-Year Plan for Economic and Social Development set out measures covering finance, trade, shipping,…
Hong Kong has unveiled a five-year plan to bolster its key industries and introduce new growth sectors through 2030, with a focus on gold-led commodity trading. Chief Executive John Lee's 2026 Policy Address and the city's inaugural Five-Year Plan for Economic and Social Development outline initiatives in finance, trade, shipping, aviation, innovation, and technology, alongside efforts to attract capital, businesses, and skilled workers.
The government aims to bolster Hong Kong's international competitiveness and foster long-term economic growth. A central clearing and settlement system for gold is set to launch in Q1 2027, with Hong Kong Exchanges and Clearing unveiling renminbi-denominated, physically settled gold futures contracts and exploring tax concessions for gold and commodity trading.
The Hong Kong Monetary Authority is also assessing whether to increase its gold holdings and participate in local spot and futures markets.
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