The Hong Kong Special Administrative Region (HKSAR), by launching its first five-year plan for economic and social development (2026-2030), is seizing the opportunities presented by national development to promote the local economic development and people's livelihood, said HKSAR Chief Executive John Lee.
HKSAR government released the plan on Wednesday.
In an interview with China Media Group, Lee described the plan as an important deployment that looks to the future and coordinates overall development. This year marks the beginning of China's 15th Five-Year Plan period (2026-2030). Lee said Hong Kong will continue proactively aligning with national development strategies and enhancing Hong Kong's own advantages.
"China is a driver and stabilizer for global economic development. So aligning with national development strategies brings many benefits to Hong Kong and allows us to grasp all the opportunities. We've proactively aligned with the national 15th Five-Year Plan since its promulgation. By aligning with national development strategies, Hong Kong can seize this rare and enormous opportunity," said Lee. During the interview, Lee noted that Hong Kong held more than 100 public consultation sessions during the drafting of the blueprint and received over 17,000 opinions and suggestions. The development priorities for the next five years were established following extensive public consultation.
"In this five-year plan, you can see that two areas are the most substantial. The first is how to consolidate and enhance our economic development advantages. The second is how to improve people's livelihood. In particular, the chapter on livelihood is the most substantial part of my policy address. We have summarized all the opinions and put them into our five-year plan," Lee said.
People from different walks of Hong Kong society spoken highly of the first five-year plan, saying it sets out a clear blueprint for Hong Kong's economic and social development over the next five years.
Tam Kam-kau, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and president of the Hong Kong Federation of Friendship Associations, said the first five-year plan and the 2026 policy address have "reconstructed Hong Kong's urban development pattern, broken free from local limitations, and planned long-term development from the overall perspective of the Greater Bay Area."
"Hong Kong's development has always adhered to the core concept of prioritizing people's livelihood, with all arrangements ultimately aimed at benefiting the people. The plan focuses on residents' most pressing concerns -- housing, healthcare, employment, elderly care and education -- and introduces systematic, long-term solutions, moving away from previous fragmented approaches to improving livelihood," said Gong Junlong, also a Standing Committee member of the CPPCC National Committee and chairman of the Federation of Hong Kong Guangdong Community Organizations.
Hong Kong's first five-year plan focuses on economic development, people's livelihood: John Lee
