Hong Kong's John Lee Meets China Central Bank Chief on Financial Ties
Leader John Lee met PBOC governor Pan Gongsheng to discuss deeper market access, yuan internationalisation, and plans for a Hong Kong gold trading market.
BEIJING, July 6 (Reuters) - Hong Kong's leader John Lee met Pan Gongsheng, governor of the People's Bank of China, in the city on Monday to exchange views on economic and financial issues, Lee's government said in a statement.
• The Hong Kong government would further support mutual market access between the financial hub and the Chinese mainland's financial markets and facilitate two-way capital flows, Lee said in the meeting.
• Hong Kong would help advance yuan internationalisation and facilitate more efficient circulation of yuan funds in the offshore market, Lee said.
• The government was working to build an international gold trading market in Hong Kong, including setting up a gold central clearing system, Lee said.
(Reporting by Yukun Zhang and Ryan Woo; Editing by Alex Richardson)
