Hong Kong leader John Lee unveiled the city's first five-year development plan on September 16, 2026, aiming to align priorities with mainland China and boost employment and housing. By September 19, officials outlined schemes including opening waters to Guangdong yachts and redeveloping sports facilities.
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Hong Kong is preparing to unveil its first five-year development blueprint on Wednesday, as it seeks to align its priorities with those of mainland China. “Bloomberg: The China Show” co-anchor Yvonne Man reports on what's expected in the master plan and what it could mean for the city's future. (Source: Bloomberg)
Hong Kong leader John Lee is taking the unprecedented step of outlining a five-year vision for the Asian financial hub. The question is whether he’ll be the chief executive to see it through.
This live article is freely available to our registered users. Please log in or create an account. Hong Kong leader John Lee Ka-chiu will unveil the city’s first five-year plan at the legislature on Wednesday morning, followed by his annual policy address. The highly anticipated plan, which comes after a two-month public consultation, aims to align the city’s priorities with the nation’s 2026–30 d
Hong Kong's first five-year plan aims to add jobs, homes Reuters
Raymond Yeung, Chief Greater China Economist at ANZ, discusses Hong Kong's move to create its own five-year planning blueprint on "Bloomberg: The China Show." (Source: Bloomberg)
Kher Sheng Lee, MD and APAC Co-Head at the Alternative Investment Management Association, says his industry group looks forward to more accommodative measures that will help the industry expand in Hong Kong. (Source: Bloomberg)
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Hong Kong leader John Lee on Wednesday unveiled the city's first five-year plan to boost its global position as a financial hub. The plan serves as a social and economic roadmap detailing the city-state's strategic priorities, including an aim to expand technology ties with mainland China.
Alan Chan, Managing Partner at the Hong Kong-based family office Full Vision Capital, discusses his vision for investment opportunities for Hong Kong, and the city's move to align closer to China's economic plans with its own five-year plan. The firm focuses on investments that support Hong Kong's green transition and innovation development. He speaks with David Ingles on "Bloomberg: The Asia Trad
Hong Kong's first five-year plan aims to add jobs, homes - https://www.channelnewsasia.com/east-asia/hong-kong-five-year-plan-homes-northern-metropolis-6388061 HONG KONG: Hong Kong leader John Lee unveiled the city's first five-year plan on Wednesday (Sep 16), aiming to boost residents' livelihoods and cement its position as a global financial hub, while beefing up technology ties with the mainlan
Hong Kong leader John Lee has unveiled the city's first five-year plan, a blueprint his administration has crafted as it seeks to align the city's priorities with China’s national strategy. (Source: Bloomberg)
Hong Kong’s property and technology firms may get a boost from Chief Executive John Lee’s first five-year plan, which calls for a sharp increase in innovation spending and faster development of the Northern Metropolis region.
Hong Kong’s plan to build a global gold hub will provide “an entry point” for trading other commodities and expanding the yuan’s usage on world markets, according to its first-ever five year plan.
Hong Kong Chief Executive John Lee Ka-chiu presented the city’s first ever five-year plan, including steps to bolster innovation, birth rates and financial activity. The city aims to raise spending on innovation to 3 per cent of gross domestic product after 2030 from 1.63 per cent in 2024, Lee said as he announced the plan on Wednesday alongside the traditional annual policy address. There were al
Hong Kong Chief Executive John Lee Ka-chiu has placed deepening integration with mainland China and developing new economic engines centre stage as he unveiled the city’s first-ever five-year plan alongside the last policy address of his term. During his landmark speech on Wednesday, which ran just one minute shy of three hours, Lee laid out how the city’s first five-year plan would align the city
Hong Kong unveils its first 5-year plan that broadens the city’s identity beyond finance AP News
Hong Kong aims to reduce the risk of premature deaths from some major chronic diseases to 6.9 per cent by 2030 by investing heavily in primary healthcare and prevention, authorities have said. Delivering the annual policy address and first five-year plan, Chief Executive John Lee Ka-chiu on Wednesday also unveiled plans to develop the city’s first integrated ambulatory care hospital at the Queen E
Hong Kong aims to boost the share of zero-carbon energy in its electricity generation fuel mix to 30 per cent by 2030, up from the current 28 per cent – one of four binding environmental protection targets set out in the city’s first five-year plan on Wednesday. The binding goal aligns with existing climate protection strategies that target a zero-carbon energy share of between 60 and 70 per cent
Hong Kong will create an “AI city brain” system to strengthen its response to extreme weather events, major incidents and public order management, while creating the role of artificial intelligence commissioner to tackle emerging challenges. While the city’s first five-year plan set out a vision to advance technology development, Chief Executive John Lee Ka-chiu outlined seven key areas of AI risk
The first building in the 1,000-hectare (2,472-acre) university town project in the Northern Metropolis will be completed by the end of this year, Hong Kong’s leader has said, revealing that the flagship tower is called Loop Academy One. Announcing Hong Kong’s first five-year plan on Wednesday, Chief Executive John Lee Ka-chiu also revealed the official names of the three Northern Metropolis devel
Hong Kong will introduce themed tourism routes showcasing the city’s most recognisable filming locations and explore upgrading Victoria Park’s Centre Court to host higher-level tennis tournaments, as authorities seek to significantly increase the sector’s economic contribution under the city’s first five-year development plan. The 2026-30 blueprint aims to raise the tourism industry’s value added
Hong Kong’s leader has expressed renewed support for the local media industry, including strengthening its global reach and reviewing the code of practice for television to ensure it keeps abreast with the times. Chief Executive John Lee Ka-chiu made the pledges in both the city’s first five-year plan and the policy address he unveiled on Wednesday. In the section on “Develop an East-meets-West Ce
Hong Kong’s leader has unveiled the city’s first five-year blueprint, aligned with China’s national development strategy, setting targets to nearly double innovation spending and raise the share of manufacturing and new industries to 5.5 per cent of the economy. In a historically significant new approach, Chief Executive John Lee Ka-chiu prefaced his annual policy address on Wednesday with a compr
Hong Kong will strive to raise its expenditure on innovation activities to a level equivalent to 3 per cent of gross domestic product (GDP) by around 2030, nearly double the current rate, according to the city’s first five-year plan. Chief Executive John Lee Ka-chiu unveiled the ambitious goal, together with measures to boost frontier technologies, including aerospace research, on Wednesday. Among
Hong Kong will expand the use of the yuan in areas including gold trading and cross-border payments, as policy blueprints call for the city’s biggest push yet to internationalise the Chinese currency. Chief Executive John Lee Ka-chiu on Wednesday devoted part of the city’s first five-year plan and his annual policy address to developing a gold trading ecosystem and creating a regional intellectual
Longer-term vision and policies with continuity mapped out in Hong Kong’s inaugural five-year plan, along with the latest policy blueprint, offer investment opportunities and more stability for investors, according to experts and commentators. Hong Kong marked a historic milestone on Wednesday when Chief Executive John Lee Ka-chiu unrolled the city’s first five-year development plan with his fifth
Hong Kong Chief Executive John Lee set out plans to almost double the city’s spending on innovation in coming years and offered greater financial support for new parents, as his government seeks to build new growth engines and arrest a decline in births. The target was announced Wednesday as Lee unveiled Hong Kong’s first five-year development plan. (Source: Bloomberg)
We have put together stories from our coverage of John Lee’s 2026 policy address. If you would like to see more of our reporting, please consider subscribing. 1. 14 key takeaways from John Lee’s policy address, Hong Kong’s first 5-year plan Hong Kong Chief Executive John Lee Ka-chiu has placed deepening integration with mainland China and developing new economic engines centre stage as he unveiled
Hong Kong is broadening its equity markets, deepening its offshore yuan business and expanding further into gold trading under its first five-year plan for economic and social development, as the city seeks to defend its standing as Asia’s top financial centre and close the gap with London. Unveiled on Wednesday by Chief Executive John Lee Ka-chiu alongside his 2026 policy address, the blueprint o
Hong Kong will be short of 130,000 workers by 2028, about a third less than originally projected, a reduction the city’s labour chief attributed to the development of artificial intelligence and government policies to import labour and top talent. A day after the release of the city’s first five-year plan and annual policy address, Secretary for Labour and Welfare Chris Sun Yuk-han said on Thursda
This is the first part of a Factsheet series on Hong Kong’s debut five-year plan and the 2026 policy address, click here for part two. The series was produced with support from the Hong Kong SAR government. To see the South China Morning Post’s coverage of the five-year plan, click here. This Factsheet will be available in the SCMP print edition on September 21. You can find it at newsstands and c
This is the second part of a Factsheet series on Hong Kong’s debut five-year plan and the 2026 policy address, click here for part one. The series was produced with support from the Hong Kong SAR government. To see the South China Morning Post’s coverage of the five-year plan, click here. This Factsheet will be available in the SCMP print edition on September 21. You can find it at newsstands and
At the heart of Hong Kong’s first five-year plan lies the Northern Metropolis – a massive tract of land spanning roughly a third of our entire city. Much ink has been spilled over what this project represents and why it matters, but if I had to summarise it in a single sentence, I would call it the “Shenzhen of Hong Kong”. To me, Shenzhen stands as the most miraculous growth story on Earth. Forty-
[The content of this article has been produced by our advertising partner.] Hong Kong is preparing for many more electric vehicles on its roads. The city’s First Five-Year Plan, announced alongside the Policy Address, calls for the steady electrification of vehicles and safe, efficient charging networks, with around 10,000 fast chargers expected by 2035 to support about 500,000 EVs. That longer-te
[The content of this article has been produced by our advertising partner.] Ken Lau, Managing Director, Greater China, & Chief Executive Officer, Hong Kong, said: “FWD Hong Kong warmly welcomes the HKSAR Government's publication of the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) and the 2026 Policy Address. As a pan-Asian insu
Hong Kong’s first five-year plan marks a new chapter for the city and will prompt discussion about individual priorities and initiatives. But there is another question worth asking: what can Hong Kong bring to the national journey over the next five years? As China begins its 15th five-year plan, Hong Kong has an opportunity to think more deliberately about its distinctive contribution to national
Hong Kong’s leader defended measures in his policy address to boost the economy and improve livelihoods, stressing that businesses must also do their part to remain competitive and survive, even with government aid. Chief Executive John Lee Ka-chiu said on Saturday that the livelihood section was the longest and broadest in scope in his policy address when asked about residents who had yet to bene
A southbound scheme allowing Guangdong-registered yachts to sail in Hong Kong waters is expected to launch in October, the transport minister has said, with the city continuing preparations and discussions with provincial authorities. Secretary for Transport and Logistics Mable Chan revealed the plan on Saturday after the latest policy address and the city’s first five-year plan, both unveiled thi
Hong Kong hopes to begin redeveloping the Victoria Park Tennis Centre within the current five-year plan, with its completion timetable yet to be set, as the city aims to host higher-tier tournaments and create a multipurpose venue. Secretary for Culture, Sports and Tourism Rossana Law Shuk-pui said on Saturday that authorities were conducting feasibility studies for the popular tennis facility in