Hong Kong's Chief Executive, John Lee, took to the airwaves on September 18 to discuss the city's inaugural 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, accelerated Northern Metropolis development, and better service to the country.
Central to the plan is Hong Kong's international status. Lee stressed that the government will leverage its global networks, including Economic and Trade Offices, Invest Hong Kong, and the Hong Kong Trade Development Council, to expand reach worldwide. "The strength of Hong Kong is its international status," Lee said, adding that he is "very serious about expanding our network." Since taking office, he has led delegations to ASEAN, the Middle East, and Central Asia, with colleagues frequently visiting African nations such as South Africa and Kenya.
To bolster influence, Lee highlighted the International Organization for Mediation (IOMed) headquarters in Hong Kong, an organization with United Nations status. Additionally, an international office under the global network of corruption prevention authorities will 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," Lee said, underscoring the city's role as a contributor and driver in global affairs.
The Northern Metropolis (NM) project, occupying about one-third of Hong Kong's land, is a key focus. Lee described it as a "big piece of land that gives us new opportunities" to upgrade accommodation and development. The NM is included in China's 15th Five-Year Plan, elevating it to a state-driven project. "I am sure that the Central Government will also help us to ensure that this will be a success story," Lee said. The project aims to diversify industries, create jobs, and align with national development while maintaining international connectivity.
On artificial intelligence, Lee emphasized 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 set policy, coordinate resources, and develop AI across government, with the goal of sharing experiences globally.
The plan's success could reshape Hong Kong's economic landscape, enhancing its global standing and integration with the mainland. For more information, visit Brand Hong Kong.
