On the 16th, Hong Kong Chief Executive Carrie Lam stated in her speech at the "Hong Kong Economic Summit 2026" that the first "Hong Kong Five Year Plan" is being formulated at full speed, uniting all sectors of society to actively connect with the national "15th Five Year Plan", providing clear guidance for Hong Kong's socio-economic and livelihood development, and promoting Hong Kong's better integration and service to the overall development of the country. Li Jiachao said that under the "One Country, Two Systems" policy, Hong Kong has the advantage of internal and external connectivity, and the strong support of national development provides Hong Kong with huge market power and development opportunities. 2026 is the starting year of the national "15th Five Year Plan" and also a crucial year for Hong Kong to plan its development direction for the next five years as it moves towards the path of governance and rejuvenation. The country is at the forefront of global development in areas such as innovative technology, artificial intelligence, big data, and infrastructure construction, and is focusing on building a strong domestic market, accelerating the cultivation and growth of new driving forces, and accelerating high-level technological self-reliance and self-improvement. Hong Kong can make good use of the national industrial ecology and development opportunities to achieve leapfrog development of its emerging industries. He stated that the 15th Five Year Plan once again affirms Hong Kong's unique advantages and important role of "relying on the motherland and connecting the world". We should make good use of Hong Kong's role as a "super contact" and "super value-added person" in the domestic and international dual circulation pattern, deepen urban cooperation in the Guangdong Hong Kong Macao Greater Bay Area internally, participate in and promote the development of the Greater Bay Area into a world-class bay area, actively expand the global economic and trade network externally, and strengthen exchanges with emerging economies such as the global South while consolidating ties with traditional economies. Li Jiachao said that the SAR government has established a "Mainland Enterprises Going Global Special Team" to accurately connect with the innovation and creation strength of the mainland, the international strength of Hong Kong's professional services, and the purchasing power of global investors seeking safe investment opportunities, working together with high-quality enterprises to "go global" and "bring in" international funds. Li Jiachao stated that Hong Kong will seize the opportunity and transform it into practical results to promote high-quality economic development and improve people's livelihoods. We will continue to consolidate and enhance advantageous industries such as finance, shipping, and aviation, and create more high value-added investment and employment opportunities by attracting more leading enterprises to settle down. The northern metropolitan area accounts for one-third of Hong Kong's area and future population, and is a new engine for Hong Kong's economic development. The SAR government is providing new land for innovative technology development through innovative cooperation models such as zone development and preferential policy packages, injecting momentum into promoting the development of new quality productivity. (New Society)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:Xinhua
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