Hong Kong's Chief Executive, John Lee, took to the airwaves on September 18 to discuss the city's first Five-Year Plan for Economic and Social Development (2026-2030) and his fifth Policy Address, both unveiled on September 16. In a radio phone-in programme, Lee elaborated on the strategic vision that positions Hong Kong for enhanced global competitiveness and deeper integration with national development.
The inaugural Five-Year Plan sets five main objectives: better livelihoods, economic breakthroughs, expanded global competitiveness and influence, accelerated Northern Metropolis development, and better service to the country. Lee stressed that Hong Kong's international status is its core strength, and the government is committed to expanding its global network. "We are expanding to cover every part of the world where we can reach," he said, noting the presence of Economic and Trade Offices, Invest Hong Kong, and Hong Kong Trade Development Council offices worldwide. Since taking office, Lee has led delegations to ASEAN, the Middle East, and Central Asia, with colleagues frequently visiting African nations like South Africa and Kenya.
A key element of Hong Kong's international push is the establishment of the International Organization for Mediation (IOMed) headquarters in Hong Kong. Lee highlighted that IOMed holds United Nations status, underscoring Hong Kong's role as a global contributor. Additionally, an international office under the global network of corruption prevention authorities will be set up in Hong Kong. "Hong Kong is an international city, which not just is very good at doing business, but is exercising its responsibility as a global participator," Lee said. These developments signal Hong Kong's ambition to not only participate in but drive international affairs, sharing its expertise while learning from others.
The Northern Metropolis (NM) project, occupying about one-third of Hong Kong's land area, is a central focus of the plan. Lee described it as a "big piece of land that gives us new opportunities" to upgrade both accommodation and development. Beyond traditional strengths in finance, shipping, and trade, the NM will foster industry diversification, job creation, and closer alignment with national development. Notably, the NM is included in China's 15th Five-Year Plan, elevating it to a state-driven project. "With the elevation of position, we will have to work hard. And I am sure that the Central Government will also help us to ensure that this will be a success story," Lee said. This integration allows Hong Kong to capitalize on national opportunities while maintaining its international connectivity, achieving "the beauty of both worlds."
On artificial intelligence, Lee emphasized balancing opportunities and risks. While AI can enhance efficiency and accuracy, it also poses threats such as crime, fraud, and negative impacts on youth. To address this, the government will create a Commissioner for AI post, tasked with setting policy, coordinating resources, identifying problems, and developing AI solutions for the entire government. "After we have developed our experience, let the world also learn from these experiences," Lee stated. This proactive approach positions Hong Kong as a potential leader in AI governance, which could attract global partnerships and investment.
These initiatives are crucial for Hong Kong's future. By expanding international networks, Hong Kong can diversify its economy and reduce reliance on traditional markets. The Northern Metropolis promises to alleviate housing shortages and drive innovation, while AI governance ensures responsible technological adoption. Collectively, these strategies aim to secure Hong Kong's status as a global city and a key player in national development. For more information, visit Brand Hong Kong.
