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Hong Kong Economy

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(From left) Undersecretary for Commerce and Economic Development Bernard Chan, Philippine Trade Secretary Cristina Roque, and Thai Deputy Prime Minister Suphajee Suthumpun display the signed protocol in Manila. Photo: ISD
Hong Kong economy

Hong Kong secures expanded equal treatment and investment guarantees across Asean

Hong Kong authorities say signing of the protocol will bring legal certainty, enhance the investment environment and boost investment flows.

John Lee policy address 2026

Hong Kong’s first 5-year plan to give firms more long-term certainty: Paul Chan

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Hong Kong economy

Hong Kong hopes to begin Victoria Park Tennis Centre redevelopment by 2030

John Lee policy address 2026

Hong Kong leader says firms must strive to survive despite government support

Chief Executive John Lee defends policy address, saying government aid can help but businesses must also adapt in competitive market.

Chief Executive John Lee says the government will support small and medium-sized enterprises, but businesses must find ways to survive in a competitive market. Photo: Karma Lo
Chief Executive John Lee says the government will support small and medium-sized enterprises, but businesses must find ways to survive in a competitive market. Photo: Karma Lo
Hong Kong economy

Hong Kong to open waters to Guangdong yachts under southbound scheme from October

Transport chief Mable Chan says scheme expected to boost cross-border leisure spending and support Hong Kong’s yacht economy.

Hong Kong economy

Hong Kong to recruit AI chief by mid-2027, with confidence in local talent pool

Post will pay up to HK$278,200 per month, authorities reveal, adding they also understand public concerns over bolstering cybercrime laws.

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John Lee policy address 2026

Hong Kong’s metal storage hits 30,000 tonnes in push to become global commodity hub

Financial services minister Christopher Hui also says city will pay for Dongjiang water using yuan as part of internationalising renminbi.

The Central business district. Hong Kong has recorded robust demand for gold imports as banks and logistics companies bet on Hong Kong’s expansion of its vaults for the precious metal. Photo: Dickson Lee
The Central business district. Hong Kong has recorded robust demand for gold imports as banks and logistics companies bet on Hong Kong’s expansion of its vaults for the precious metal. Photo: Dickson Lee
John Lee policy address 2026

John Lee keeps Hong Kong talent target unchanged despite 300,000 arrivals

City leader also says professionals arriving under Top Talent Pass Scheme could add about 1.2 per cent to local GDP each year.

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John Lee policy address 2026

The story begins …

Chief Executive John Lee Ka-chiu’s final policy address for his current term lays out five major development opportunities and 25 key livelihood measures, from targets for Northern Metropolis to family friendly policies.

John Lee policy address 2026

Hong Kong’s new chapter

The city’s first five-year plan includes 22 key performance indicators tied to the local economy, innovation and residents’ living standards.

Hong Kong economy

100 start-ups joining Hong Kong flagship tech hub to get top mentors

Hong Kong-Shenzhen Innovation and Technology Park submits proposed list of sector-specific firms to access cross-border data flows in pilot.

Vincent Ma says seamless data flows, along with the movement of capital, materials and personnel, are key to the park’s development. Photo: Silvia Siu
Vincent Ma says seamless data flows, along with the movement of capital, materials and personnel, are key to the park’s development. Photo: Silvia Siu
John Lee policy address 2026

Hong Kong eyeing gold expansion and Northern Metropolis vaults to cement hub status

Finance chief says HKMA playing greater role in gold market will enrich city’s financial ecosystem and that Hong Kong not considering interest rate rise.

Hong Kong economy

Hong Kong will lack 130,000 workers by 2028, fewer than projected due to policies

Shortage mitigated by AI development and talent import policies, labour chief says, as top talent visa renewal to be relaxed for tech founders.

John Lee policy address 2026

Hong Kong’s John Lee vows to review IVF support for women over 40

City leader says he will examine current policies but acknowledges no single measure can reverse Hong Kong’s declining birth rate.

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John Lee says the government will review current fertility policies. Photo: Karma Lo
Hong Kong tourism

Hong Kong targets 240 air destinations by 2030, eyeing new Uzbekistan routes

Cathay also reveals passenger numbers, including those handled by HK Express, reached monthly record of more than 3.6 million in August.

Hong Kong International Airport recorded 10.1 per cent passenger growth in the first eight months of the year. Photo: Edmond So
Hong Kong International Airport recorded 10.1 per cent passenger growth in the first eight months of the year. Photo: Edmond So
John Lee policy address 2026

Hong Kong’s 5-year plan, policy continuity offer investor stability, experts say

Explicit directions set by John Lee seen as ensuring persistence in policies even if there are changes in government leadership.

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John Lee policy address 2026

Hong Kong targets gold trading, FPS-UnionPay link to boost yuan use

‘We will consolidate and enhance Hong Kong’s status as an international financial centre,’ John Lee says.

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John Lee policy address 2026

Hong Kong sets 5-year plan to double innovation spending, boost new industries

Blueprint sets goals for economic development, livelihoods and environmental protection, policy address targets 5 key areas of development.

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A woman watches a live broadcast of Chief Executive John Lee delivering the five-year plan and policy address. Photo: Karma Lo
A woman watches a live broadcast of Chief Executive John Lee delivering the five-year plan and policy address. Photo: Karma Lo
John Lee policy address 2026

Hong Kong’s new training visa could be available in first quarter of 2027

New visa category among spate of new talent-trawling measures unveiled in city leader John Lee’s policy address.

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Hong Kong economy

10 AI, biotech firms in Northern Metropolis to get early cross-border data access

‘White list’ to ease cross-border movement for more than 1,000 workers willl be ready next year, city leader reveals.

John Lee policy address 2026

Hong Kong targets film tourism boom and higher-level tennis tournaments

Policy blueprint sets HK$126 billion tourism target by 2030, with film tourism and major sporting events among its priorities.

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Visitors could follow routes featuring classic Hong Kong film locations under a tourism initiative in the city’s first five-year development plan. Photo: Eugene Lee
Hong Kong economy

Hong Kong to woo finance and tech firms with new tax breaks

Chief Executive John Lee says Hong Kong aims to attract more commodity traders to set up or expand their businesses in city.

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Hong Kong has already launched a trial gold clearing and settlement system involving 11 Chinese and international banks. Photo: Edmond So
Hong Kong has already launched a trial gold clearing and settlement system involving 11 Chinese and international banks. Photo: Edmond So
John Lee policy address 2026

Hong Kong to set up ‘AI city brain’ to boost disaster response and public safety

Government also creating new role of AI commissioner, who is expected to begin next year overseeing key areas of risk governance, John Lee says.

John Lee policy address 2026

Hong Kong’s first five-year plan seeks to boost innovation

Chief Executive John Lee Ka-chiu unveiled measures to raise technology investments in Hong Kong, along with steps to improve living standards.

John Lee policy address 2026

Exclusive | Hong Kong policy address to unveil bold youth housing and mediation initiatives

City leader John Lee will seek to prioritise youth home ownership and position Hong Kong as global mediation capital in his address, SCMP learns.

Chief Executive John Lee holds copies of the coming official publications, noting that the cover of the first five-year plan is blue, while the policy address retains its green design. Photo: Karma Lo
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