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15th five-year plan presents ‘golden strategic period’ for Hong Kong: Paul Chan

Leopold Chen
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Hong Kong’s Financial Secretary Paul Chan declared the 15th Five-Year Plan (2026–2030) a “golden strategic period” for the city, emphasizing its role in supporting China’s national development amid geopolitical instability. The plan directs Hong Kong to adopt “AI+” and “Finance+” strategies, leveraging artificial intelligence and financial innovation to bolster mainland China’s economic goals during global uncertainty. Beijing’s blueprint, unveiled during the “two sessions” meetings, tasks Hong Kong with deepening integration, expanding offshore renminbi services, and accelerating the Northern Metropolis infrastructure project. Chan highlighted China’s stable policies and tech-driven growth as counterweights to geopolitical risks, urging Hong Kong to seize opportunities by aligning with national priorities and strengthening its financial hub status. The plan aims to boost confidence across sectors, positioning Hong Kong as a key bridge between China and global markets despite escalating international tensions.
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15th five-year plan presents ‘golden strategic period’ for Hong Kong: Paul Chan

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AdvertisementHong Kong economyHong KongHong Kong Economy15th five-year plan presents ‘golden strategic period’ for Hong Kong: Paul ChanFinance chief says city will adopt AI and finance strategies to support nation’s development blueprint2-MIN READ2-MIN ListenLeopold ChenPublished: 3:47pm, 8 Mar 2026Updated: 5:28pm, 8 Mar 2026Hong Kong’s financial chief has vowed to serve the nation and seize opportunities from the newly unveiled 15th five-year development plan, calling it a “golden strategic period” with great potential amid escalating geopolitics.Financial Secretary Paul Chan Mo-po said on Sunday that Hong Kong would adopt “Artificial Intelligence+” and “Finance+” approaches to support mainland China’s development plan for 2026 to 2030.Beijing on Thursday revealed the sweeping blueprint during the annual “two sessions” meetings, amid escalating US-Israel strikes on Iran that have spiralled into a broader Middle East conflict.AdvertisementChan said the turbulent geopolitical landscape had been a drag on global economic growth momentum, but the central government’s leadership and stable internal policies and technology innovation offered hope.“The 15th five-year plan has provided a clear direction for Hong Kong’s future development and further strengthens the confidence of all sectors of society,” he said in his weekly blog post.Advertisement“The 15th five-year plan presents boundless opportunities, and Hong Kong has much to offer. Moving forward, we need everyone to work together to better integrate into and serve the overall development of the country, thereby achieving our own better development.”The nation’s blueprint tasked Hong Kong with further integrating into the country and serving in its role as an international financial hub, strengthening offshore renminbi business and supply chain services, speeding up the Northern Metropolis megaproject and more.AdvertisementSelect VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001.00x

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Source: South China Morning Post Business

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