Hong Kong's Chief Executive, John Lee, took to the airwaves on September 18 to discuss the city's first Five-Year Plan for Economic and Social Development (2026-2030) and his fifth Policy Address, both unveiled on September 16. The plan sets five main objectives: better livelihoods, economic breakthroughs, expanded global competitiveness and influence, faster Northern Metropolis development, and better service to the country. These goals signal a pivotal shift in Hong Kong's governance, moving from short-term policy cycles to long-term strategic planning that aligns with national priorities.
On expanding global competitiveness, Lee emphasized Hong Kong's international status as its core strength. "We are expanding to cover every part of the world where we can reach," he said, noting the government's Economic and Trade Offices, Invest Hong Kong, and Hong Kong Trade Development Council offices worldwide. Since taking office four years ago, Lee has led delegations to ASEAN Member States, the Middle East, and Central Asia, with colleagues frequently visiting African nations like South Africa and Kenya. This aggressive outreach is crucial for Hong Kong to diversify its markets amid global economic uncertainties.
Lee highlighted the International Organization for Mediation (IOMed) as a key achievement, with its headquarters in Hong Kong. He also announced that an international office under the global network of corruption prevention authorities would be established. "Hong Kong is an international city, which not just is very good at doing business, but is exercising its responsibility as a global participator," he said. These developments enhance Hong Kong's role as a contributor to global governance, not just a participant, reinforcing its unique position under "one country, two systems."
The Northern Metropolis (NM) project received strong focus, with Lee describing it as representing about one third of Hong Kong's geographical area. "It gives us new opportunities to upgrade ourselves, both from the accommodation angle as well as development angle," he said. The NM is mentioned in China's 15th Five-Year Plan, elevating it to a state-driven project. This integration with national development is significant, as it promises new jobs, industry diversification, and closer alignment with mainland growth, while maintaining Hong Kong's international connectivity.
On artificial intelligence, Lee stressed balancing opportunities and risks. "While we develop and ensure people understand and use it, we also need to tell everybody the potential risks," he said, citing crime, fraud, and impacts on youth. A new Commissioner for AI will lead policy, coordination, and guidelines across government. This proactive approach positions Hong Kong as a regional AI hub, with lessons to share globally.
The plan's implications are profound: it signals Hong Kong's determination to leverage its international networks and national support to secure long-term prosperity. By linking the NM to national strategy and expanding global influence, the city aims to navigate geopolitical tensions and economic challenges. For more information, visit Brand Hong Kong.
