HONG KONG, Aug. 19 (Xinhua) -- By joining the London Metal Exchange (LME) delivery network, Hong Kong has taken a major step toward building a robust commodity trading ecosystem, the city's financial chief said on Tuesday.
Speaking at an unveiling ceremony for the LME delivery warehouse jointly operated by China Resources Logistics and GKE Metal Group, Paul Chan, financial secretary of China's Hong Kong Special Administrative Region (HKSAR) government, said that Hong Kong's inclusion in the LME delivery network plays a vital role in supporting the national development strategy and further strengthening the city's position as an international financial and shipping center.
