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Hong Kong’s first 5-year plan

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Hong Kong’s first 5-year plan
Hong Kong's inaugural five-year plan was unveiled by Chief Executive John Lee in 2026, outlining the city's strategic direction and long-term vision.
(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
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.

Cathay Pacific

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

John Lee policy address 2026

Opinion | Hong Kong’s 5-year plan could have been more ambitious

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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
Financial Secretary Paul Chan attends a press conference on initiatives under Hong Kong’s first five-year plan and the 2026 policy address. Photo: Silvia Siu
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

Opinion | More than ever, Hong Kong’s global character is an asset to the nation

The city can bridge China and the world, adding value to every connection, but to deliver on this promise, it needs everyone on board.

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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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Pedestrians cross a road in Central. More than 300,000 people have arrived in Hong Kong through the city’s talent schemes, Chief Executive John Lee says. Photo: Jelly Tse
City leader Lee says more than half of talent scheme arrivals are willing to stay past the three-year mark. Photo: Jonathan Wong
SCMP Highlights

China opens Pinglu Canal; Hong Kong unveils first 5-year plan: 7 highlights

From Chinese defence chief’s forum speech to a Beijing Hyrox athlete’s faecal row, here are top stories from SCMP’s recent reporting.

John Lee policy address 2026

Factsheet series: Hong Kong’s debut 5-year plan and 2026 policy address

This is a Factsheet series on Hong Kong’s debut five-year plan and the 2026 policy address. The series was produced with support from the Hong Kong SAR government.

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.

Northern Metropolis

Opinion | Experimentation drives the Northern Metropolis – just as it did Shenzhen

As the flagship project of Hong Kong’s five-year plan, the cross-border hub is built to function as a sandbox – a special zone for bold policy and economic innovation.

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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.

Banking & finance

How will Hong Kong’s new 5-year plan court global capital?

Expanded investment products and stronger mainland-market links aim to deepen Hong Kong’s wealth-management edge and lure more international investors.

While much of the world’s gold trading still clears through London, Hong Kong is building a regional alternative. Photo: Dickson Lee
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 policy address 2026

Hong Kong’s first 5-year plan, 2026 policy address: everything you need to know

From Hong Kong’s first five-year blueprint to new initiatives to boost birth rates, here are highlights from John Lee’s final policy address.

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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
John Lee policy address 2026

Editorial | Dual policy plans will help Hong Kong grab new opportunities

Hong Kong’s first five-year plan and the chief executive’s latest policy address set the right macro directions for the city’s development.

Technology

Hong Kong aims to raise innovation spending to 3% of GDP by about 2030

Chief Executive John Lee unveils ambitious goal, together with measures to boost frontier technologies, including aerospace research.

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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
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 is ramping up its talent trawl. Photo: Jelly Tse
John Lee policy address 2026

Hong Kong’s HK$30,000 bonus for second child among 11 new measures to boost births

‘The current-term government has shifted from a non-interventionist approach to actively promoting fertility,’ city leader John Lee says.

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John Lee policy address 2026

14 key takeaways from John Lee’s policy address, Hong Kong’s first 5-year plan

Chief executive lays out how the five-year plan will align the city more closely with the national development blueprint.

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.

Photo: Karma Lo
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
John Lee policy address 2026

Exclusive | Hong Kong’s next policy address is just around the corner. Here’s what to expect

Sources say measures supporting Northern Metropolis and backing innovation are expected to be major highlights of John Lee’s policy address.

John Lee policy address 2026

Hong Kong 5-year plan to stick with capitalism, uphold governing model: 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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