Lee says five-year plan keeps Hong Kong focus
SingTao · 8 SOURCESabout 1 hour ago5 MIN
Summary
Chief Executive John Lee Ka-chiu (李家超) said Hong Kong’s first five-year plan was designed by drawing on mainland China’s experience of preparing 15 successive five-year plans while adapting targets and measures to Hong Kong’s own circumstances. He said the plan contains 105 indicators that must all be implemented, with annual Policy Addresses serving as the main vehicle for execution and public explanation. Lee also said there will be no revised version of the plan even if external shocks such as pandemics, wars or supply-chain disruptions affect outcomes, because the government will instead account for any changes each year.
Key Points
- Lee said the plan was launched quickly to align proactively with the national 15th Five-Year Plan, strengthen Hong Kong’s advantages, address weaknesses and improve livelihoods.
- He said the document lists 105 indicators in total, including more than 20 major indicators, with headline target numbers broadly comparable to mainland plans.
- Lee said this year’s Policy Address alone set 284 indicators, roughly a three-to-one ratio against the five-year plan’s targets for implementation.
- He said the government spent about seven months preparing the plan, shorter than the one-to-two-year mainland norm, and used coordination with all legislators to gather data
- Chief Secretary Eric Chan Kwok-ki said the plan gives investors clearer visibility on future sectors and opportunities, while the Northern Metropolis university town could exceed 1,000 hectares.
Why It Matters
The government is making the annual Policy Address the core accountability tool for a medium-term blueprint, rather than allowing targets to be reset through later revisions. For businesses, universities and residents, the plan is meant to reduce uncertainty by setting out a clearer five-year direction tied to national planning and local execution.