Hong Kong's first five-year plan preserves capitalism

Hong Kong Chief Executive John Lee announced on September 15, 2026, that the city's inaugural five-year development plan would retain the capitalist system and maintain 'one country, two systems,' including both binding and aspirational targets.

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Hong Kong 5-year plan to stick with capitalism, uphold ‘one country, two systems’: John Lee

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Hong Kong’s inaugural five-year plan will not change the capitalist system and instead fully exploit its advantages to map the city’s long-term development, Chief Executive John Lee Ka-chiu has said. In an opinion piece published in the South China Morning Post on Monday, the city leader also stressed that the blueprint, in focusing on the economy, would ultimately “enable citizens to flourish” by

Hong Kong’s first 5-year plan to set goals, not alter economic system: John Lee

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Hong Kong’s first five-year plan will include both binding and aspirational targets, the city’s leader has said, stressing that the long-term blueprint does not signal a move towards a planned economy. Chief Executive John Lee Ka-chiu also revealed on Tuesday that the plan, which will be unveiled alongside his annual policy address the following day, would feature a blue cover symbolising “blue sk