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Hong Kong Economy

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The World Lantern Boulevard at Victoria Park is popular. Photo: Dickson Lee
Nanjing artists have created an eight-metre-tall lantern inspired by the city’s banyan trees. Photo: Dickson Lee
The Hong Kong Tourism Board is stagingits first-ever International Lantern Spectacular at Victoria Park Photo: Nora Tam
Hong Kong society

From moongazing to bus tours: how to celebrate Mid-Autumn Festival in Hong Kong

Here’s a round-up of things to do and see for the Mid-Autumn Festival, which falls on Friday this year.

Hong Kong tourism

Hong Kong to welcome 1.29 million mainland Chinese visitors for National Day break

Hong Kong economy

Northern Metropolis data hub to start phased operations in mid-2027: CLP Power

Hong Kong economy

Hong Kong workforce to shrink by 20,000 yearly as key sectors face shortages

Predicted 2028 shortfall will narrow to 130,000, but key sectors such as aviation, tech, healthcare and construction still face crunch.

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Workers in Central navigate a busy street during the lunchtime rush. The report projects that Hong Kong’s workforce will decline from 3.47 million in 2025 to 3.4 million in 2028. Photo: Karma Lo
Workers in Central navigate a busy street during the lunchtime rush. The report projects that Hong Kong’s workforce will decline from 3.47 million in 2025 to 3.4 million in 2028. Photo: Karma Lo
Hong Kong economy

Hong Kong on way to securing green fuel supply to safeguard aviation hub status

Policy chief notes city to consider sustainable aviation fuel mandate, saying clear targets are needed to draw investment and build supply.

Hong Kong property

Amazon, Shorea Capital deals underscore foreign interest in commercial property

Shorea plans to turn The Pemberton in Sheung Wan into high-quality accommodation; Amazon Data Services snaps up two data centres in Fanling.

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Hong Kong economy

Foreign chambers back Hong Kong 5-year plan, urge progress on Northern Metropolis

Focus on city’s role in helping mainland Chinese businesses go global is attractive to foreign investors, chamber heads say.

(From left) British Chamber of Commerce's Paul McComb, Australian Chamber of Commerce's Mary Simpson, and European Chamber of Commerce's Johannes Hack. Photo: Jonathan Wong
European Chamber of Commerce Chairman Johannes Hack. Photo: Jonathan Wong
John Lee delivers the policy address in the Legco chamber. Photo: Karma Lo
Cathay Pacific

Cathay calls on Hong Kong to map out long-term sustainable fuel plan beyond 2030

Cathay Group CEO Ronald Lam says scalability remains challenge, notes SAF still accounts for ‘well under 1 per cent’ of global jet fuel use.

Hong Kong culture

Hong Kong Ballet to move to city’s first dedicated dance venue in 2027

Group says move to Dancehouse at WestK Performing Arts Centre allows for more than 40 per cent increase in performance weeks annually.

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.

(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
John Lee policy address 2026

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

Finance chief says blueprint’s targets and timelines will help businesses align investment decisions with government goals.

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Construction is under way at the Hong Kong-Shenzhen Innovation and Technology Park at the Lok Ma Chau Loop. Photo: Silvia Siu
Construction is under way at the Hong Kong-Shenzhen Innovation and Technology Park at the Lok Ma Chau Loop. Photo: Silvia Siu
Hong Kong economy

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

Sports chief Rosanna Law says feasibility studies for redevelopment under way, but completion date depends on final design, scale and securing funding.

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.

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.

A proposed southbound yacht scheme is expected to boost cross-border leisure spending and support Hong Kong’s yacht economy. Photo: Elson Li
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.

A visitor to the LEAP East tech event at the Hong Kong Convention and Exhibition Centre in Wan Chai in July. In his policy address, city leader John Lee said the AI commissioner would oversee seven key areas of risk governance. Photo: Sam Tsang
A visitor to the LEAP East tech event at the Hong Kong Convention and Exhibition Centre in Wan Chai in July. In his policy address, city leader John Lee said the AI commissioner would oversee seven key areas of risk governance. Photo: Sam Tsang
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.

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.

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.

The Hong Kong Gold Exchange begins the Year of the Horse with its traditional Chinese New Year ceremony in Sheung Wan in February. Photo: Dickson Lee
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.

Labour chief Chris Sun says the shortage of workers Hong Kong has been mitigated by the government’s talent import policies. Photo: Karma Lo
Labour chief Chris Sun says the shortage of workers Hong Kong has been mitigated by the government’s talent import policies. Photo: Karma Lo
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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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.

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 also spelled out Hong Kong’s core positioning under the “four centres, one hub” concept. Photo: Sam Tsang
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