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John Lee policy address 2026
Hong KongHong Kong Economy

Hong Kong 5-year plan to stick with capitalism, uphold ‘one country, two systems’: John Lee

In opinion piece published in South China Morning Post, city leader stresses that blueprint ultimately aims to ‘enable citizens to flourish’

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Chief Executive John Lee in the Legislative Council chamber before delivering his fourth policy address on September 17 last year. Photo: Sam Tsang
Hong Kong’s first five-year-plan will include proposals such as developing emerging industries, accelerating the Northern Metropolis megaproject and building global cooperation, the city leader says. Photo: Dickson Lee
John Lee says Hong Kong’s first five-year blueprint will not alter the city’s capitalist system. Photo: Edmond So
Jeffie LamandLo Hoi-ying
Hong Kong’s inaugural five-year plan will not change the capitalist system and instead fully exploit its advantages to map the city’s long-term development, Chief Executive John Lee Ka-chiu has said.
In an opinion piece published in the South China Morning Post on Monday, the city leader also stressed that the blueprint, in focusing on the economy, would ultimately “enable citizens to flourish” by creating employment opportunities and upward mobility.
Lee will unveil Hong Kong’s first-ever five-year plan on Wednesday, alongside his annual policy address, to map out the city’s priorities and align with the national blueprint covering the country’s development between 2026 and 2030.

In the article, he sought to address concerns that introducing the five-year plan, a practice in mainland China for over seven decades, meant the city was walking away from its long-hailed laissez-faire system.

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