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HK set to thrive in 15th Five-Year Plan era: financial secretary

2026-03-09 10:58   环球时报网英文版

  View of Hong Kong Exchanges and Clearing Ltd Photo: VCG

  Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said on Sunday that boundless opportunities await the city during the 15th Five-Year Plan (2026-30) period, stating that Hong Kong is well-positioned to achieve significant progress.

  In a blog post, Chan noted that the ongoing "two sessions" in Beijing have seen extensive discussions on the draft outline of the 15th Five-Year Plan for national economic and social development.

  He described the plan as a comprehensive blueprint for the nation"s high-quality development, crucial not only for China"s modernization and national rejuvenation but also as a guiding principle for Hong Kong to seize new development opportunities.

  Chan highlighted the complex and volatile international landscape, marked by geopolitical tensions and a slowing global economy. These challenges, he argued, underscore the imperative for national strength in technological and economic domains.

  For Hong Kong, this necessitates a deep understanding of the strategic deployments within the 15th Five-Year Plan. He stressed the importance of proactively aligning with the plan and supporting the formulation and implementation of Hong Kong"s own five-year development strategy to foster high-quality growth.

  Hong Kong will draft its first five-year development blueprint as part of efforts to better align with the national 15th Five-Year Plan, John Lee, chief executive of HKSAR, said on February 4, the Xinhua News Agency reported.

  Lee said that he will lead the HKSAR government, including all bureaus and departments, in formulating the plan, as this year marks the start of the country"s 15th Five-Year Plan.

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