Hong Kong Aligns With China's 15th Five-Year Plan To Boost Regional Development
Hong Kong Aligns With China's 15th Five-Year Plan To Boost Regional Development

Hong Kong Aligns With China's 15th Five-Year Plan To Boost Regional Development

News summary

Hong Kong is set to proactively align with China's 15th Five-Year Plan (2026-2030) to leverage national development opportunities and deepen integration with the mainland. Financial Secretary Paul Chan highlighted the importance of advancing the Northern Metropolis as a key platform for investment and regional cooperation. Chief Executive John Lee emphasized Hong Kong's strategic role as a "super connector" and value-adder under the "one country, two systems" principle, aiming to attract international organizations and strengthen trade ties, including establishing an economic office in Kuala Lumpur. Experts like Lau Siu-kai and Henry Tang foresee Hong Kong benefiting significantly from China's high-quality economic growth and favorable policies, urging stakeholders to capitalize on these advantages. Concurrently, the New People’s Party in Hong Kong has undergone leadership changes with Chan Ka-lok succeeding Regina Ip, aiming to rejuvenate the party’s appeal ahead of upcoming elections, which could influence the broader political landscape. Together, these developments reflect Hong Kong's efforts to adapt politically and economically within the evolving national framework.

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