Hong Kong is stepping up its game with a new five-year blueprint to sync with China's national development strategy! Financial Secretary Paul Chan announced this week that the city will create its first-ever local five-year plan while supporting the mainland's 15th Five-Year Plan through a cross-departmental task force. 💼📈
Tech Meets Finance
Chan highlighted Hong Kong's ambitions to become a global innovation hub, leveraging strengths in AI, health tech, and fintech. The 'Finance+' strategy aims to fuse financial services with cutting-edge industries – think crypto-ready banking systems and green energy investments. 🔋💻
Talent Magnet
With world-class universities and tax perks for startups, Hong Kong plans to attract top global scientists and entrepreneurs. 'We're not just recruiting – we're growing local talent too,' Chan said during his budget speech, aligning with China's push for tech self-reliance. 🎓🧪
Super Connector Role
As a bridge between East and West, Hong Kong will boost its logistics networks to help businesses expand globally while drawing overseas investment. ✈️🌉 The city's unique 'One Country, Two Systems' framework remains key to its strategy.
