The Aporia
SCMP Staff. (2026, September 18). Factsheet series: Hong Kong’s debut 5-year plan and 2026 policy address. South China Morning Post. https://www.scmp.com/news/hong-kong/series/3367932/factsheet-series-hong-kongs-debut-5-year-plan-and-2026-policy-address?utm_source=rss_feed
SCMP Staff. “Factsheet series: Hong Kong’s debut 5-year plan and 2026 policy address.” South China Morning Post, 18 Sept. 2026, https://www.scmp.com/news/hong-kong/series/3367932/factsheet-series-hong-kongs-debut-5-year-plan-and-2026-policy-address?utm_source=rss_feed.
SCMP Staff. “Factsheet series: Hong Kong’s debut 5-year plan and 2026 policy address.” South China Morning Post, September 18, 2026. https://www.scmp.com/news/hong-kong/series/3367932/factsheet-series-hong-kongs-debut-5-year-plan-and-2026-policy-address?utm_source=rss_feed.
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John Lee, Hong Kong's Chief Executive, unveiled the city’s first five-year plan on Wednesday, emphasizing goals without signaling a shift towards a planned economy. The blueprint includes 22 major targets focusing on economic development, livelihood improvements, and environmental protection. Key aims include doubling innovation spending to 3% of GDP by around 2030, from its current level of 1.63% in 2024, and expanding the use of the yuan in areas like gold trading and cross-border payments. Lee also highlighted support for the Northern Metropolis project and measures to boost frontier technologies such as aerospace research, aiming to solidify Hong Kong's status as an international financial hub. The plan’s explicit direction aims to ensure policy continuity despite potential changes in leadership.