Located in Hengqin Zhuhai Free Trade Zone, the Hengqin International Commodities Centre was unveiled on February 15. It seeks to be a platform allowing spot trading of bulk commodities. The Centre claims its target markets are Guangdong, Hong Kong, Macau and international markets, while deals are to be made in renminbi to attract direct use of the currency in those markets. In addition to the new Hengqin International Commodities Centre, four other trading platforms are operating in Hengqin, namely the Guangdong Financial Assets Exchange, Zhuhai Property Rights Exchange Centre, International Intellectual Property Exchange, and Hengqin Rare Precious Metals and Commodity Exchange.
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