Hashtag
The Times


Under Hong Kong's First Five-Year Plan, Hong Kong will focus on strengthening the four centres, developing the hub for high-calibre talent, consolidating and enhancing its competitive edge as an international city.



Hong Kong's status as world-renowned international financial, maritime and trade centres as well as an international aviation hub underpin the city's high-quality development and provide a firm foundation for the city's long-term stability and prosperity.

"We will consolidate and enhance Hong Kong's status as an international financial centre, and stay committed to our global positioning," Mr Lee said. "Hong Kong will deepen the development of its global offshore Renminbi business and capital market, develop an international asset and wealth management centre and international risk management centre, enhance the securities market and expand fixed income and commodity trading."

Hong Kong has become the world's largest cross‑boundary wealth management centre this year, and the HKSAR Government will continue to develop a more attractive asset and wealth management ecosystem, Mr Lee said.

Hong Kong will develop a commodity trading ecosystem with gold as an entry point by driving the development of the clearing system, storage, supply, and infrastructure related to gold trading. The city's central clearing and settlement system for gold will be officially launched in the first quarter of 2027.

"The significance of the First Five-Year Plan for Hong Kong lies in a mindset shift; we must plan Hong Kong's financial development with a longer-term vision and broader perspective to adapt with flexibility and diversity," said Christopher Hui, Hong Kong's Secretary for Financial Services and the Treasury. "Each of our initiatives centres around one objective, which is to elevate Hong Kong from a 'corridor of capital' to a 'destination of choice'."

Hong Kong was ranked the world's fifth‑largest entity in merchandise trade in 2025. The HKSAR Government announced plans to consolidate and enhance Hong Kong's status as an international trade centre, playing a greater role in the high‑level opening up of the Chinese Mainland.

Since the Task Force on Supporting Mainland Enterprises in Going Global was established last October, it has provided assistance, including listing and raising capital in Hong Kong, aligning with overseas standards, acquiring industry certifications and fulfilling compliance requirements for more than 340 Mainland enterprises.

The Task Force will strengthen collaboration with professional organisations to train talent for the GoGlobal initiative and enhance professional services, among other areas.

"In alignment with the National 15th Five-Year Plan's call to advocate and practise true multilateralism, the First Five-Year Plan proposes to continue expanding international economic and trade network," said Algernon Yau, Hong Kong's Secretary for Commerce and Economic Development.

"We will actively forge free trade agreements and investment agreements with economies that are of development potential or strategic locations. Meanwhile, we will expand our network of overseas offices, and leverage the combined networks of our overseas Economic and Trade Offices, InvestHK, and the Hong Kong Trade Development Council offices globally to deepen overseas ties and step up trade and investment promotion."

As an international maritime centre, Hong Kong has ranked fourth globally in maritime comprehensive strength for seven consecutive years. The Five-Year Plan will drive a "volume to value" transformation of the Hong Kong Port, capitalising on its strengths in high value‑added maritime services, to develop Hong Kong into a "Global Maritime Capital".

To promote high value-added services, the industry will develop "Finance + Shipping".

Taking advantage of the city's well‑established maritime finance, insurance and maritime arbitration under common law, Hong Kong will build an integrated ecosystem under which Hong Kong‑invested enterprises adopt Hong Kong law, take out Hong Kong insurance and choose for arbitration to be seated in Hong Kong.

Regarding aviation, Hong Kong's passenger throughput recorded a year‑on‑year increase of 15% last year, to 61 million, with flights to over 220 destinations. The city's air cargo throughput reached 5.07 million tonnes, making its airport the world's busiest cargo airport for the 15th year since 2010.

To strengthen development as international aviation hub, Hong Kong will expand its aviation network, and diversify business opportunities.

The HKSAR Government will continue to take the initiative to visit South America, Africa, Central Asia, the Middle East and the Caucasus to expedite the conclusion of new air services agreements and the expansion of traffic rights, thereby assisting the industry in exploring new passenger and cargo sources.

As for building Hong Kong as an international innovation and technology centre, the HKSAR Government will step up its efforts to promote artificial intelligence (AI) applications across various trades, and continue to strike a balance between encouraging innovation and protecting security, thereby enhancing Hong Kong's international competitiveness in AI development.

In alignment with the national strategic technology areas, Hong Kong will focus on core technologies such as life and health, AI and robotics, microelectronics, new energy, advanced manufacturing and new materials. It will also continue to raise the ratio of Total Domestic Expenditure on Innovation Activities to Gross Domestic Product, striving to reach 3% after 2030.






Hashtag: #HongKong#PolicyAddress#First5YearPlan#FourCentres






The issuer is solely responsible for the content of this announcement.

How to Break Up Pugged Soil in Grazing Paddocks

Wet winters and heavy stock can quickly turn a good paddock into a mess of hoof holes, clods and bare ground. This damage, known...

Apartment Moving Tips: How to Move Into an Eastern Suburbs Unit Without the Stress

Living a short walk from the beach, great cafés and a buzzing weekend scene is a big part of the Eastern Suburbs lifestyle. For ...

What to Look for When Comparing Car Buying Services in Australia

Buying a car can involve more than simply choosing a make and model. From researching prices to negotiating with sellers and org...

Rainwater Tanks: How to Choose the Right Option for Your Property

Choosing rainwater tanks starts with understanding how you intend to use the stored water. A household may want water for garden...

Cheap Caravans for Sale for Budget-Conscious Buyers and NSW Travellers

Caravans for sale involve a range of sizes, layouts, features, and price points. It often makes choosing the right one feel hard...

Electrician in Geelong: What to Look For in a Local Electrical Service

What a Local Electrician Can Help With Electrical work covers much more than fixing a faulty light or power point. An electrici...

IN THE NEWS

FBS Supports 250 Children in Indonesia During Ramadan

JAKARTA, INDONESIA - Media OutReach Neswire - 26 March 2025 - FBS, a leading global broker, continues i.

The Future of Oil: Market Trends, Risks, and Trading Potential with Octa Broker

​ KUALA LUMPUR, MALAYSIA - Media OutReach Neswire - 28 March 2025 - As of March 2025, Brent crude oil pr.

"Discover the Tribes of Taiwan" at 2024 ITB ASIA with Fruitful Results

TAIPEI, TAIWAN - Media OutReach Newswire - 31 October 2024 - ITB ASIA 2024, held from the 23rd to 25th O.

Alibaba Cloud Announces New Availability Zones and Global Investment to Fuel AI Innovation

Gen-AI platform made available for international customers and enhanced partnerships announced for enrich.

Hypefest Hong Kong 2024: Hypebeast’s first festival in Hong Kong to debut in November

Headlined by French electronic music duo, JUSTICE, along with a carefully-curated mix of international an.

MICHELIN Guide to Highlight the Culinary Excellence of Manila and Environs & Cebu in its Inaugur…

The MICHELIN Guide announced its arrival in Manila and Environs & Cebu for an upcoming 2026 .

Health & Wellness

What to Look for When Choosing a Dental Clinic Melbourne Patients Can Rely On

Hashtag.net.au - avatar Hashtag.net.au

Look at the Range of Dental Care Available Choosing a dental practice is easier when patients can access different types of care in one place. A dental clinic Melbourne patients visit may provide gen...

What Do Clinical Teams Need from Their Surgical Supply Partners?

Hashtag.net.au - avatar Hashtag.net.au

In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...

The Growing Focus on Communication Development in Children

Hashtag.net.au - avatar Hashtag.net.au

The early developmental years of a child's life represent a critical window for neurological growth, behavioural shaping, and language acquisition. During this formative phase, the ability to interpre...

hacklink zlibraryzlibraryz-libraryFanatikbetvippark güncel girişpornovippark güncel girişzimpler kasinotvippark güncel giriş1xbetjojobetcasibomcasibomjojobettaraftarium24jojobetcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevanttaraftariummeritkinghacklink panelyks koçlukjojobetnot on gamestopuk casinos not on gamstop