Hong Kong Constitutional and Mainland Affairs Bureau: Hong Kong's first five-year plan helps enterprises clearly see development trends and deploy investments

The Zhitong Finance App learned that on September 14, the Secretary for Constitutional and Mainland Affairs of Hong Kong, Tse Siu-wah, attended the National Day 77th anniversary luncheon hosted by Hong Kong business women and gave a keynote speech that the HKSAR Government will publish the “Hong Kong First Five-Year Plan” and a new “Policy Address” on Wednesday (16th), which are in the same vein. She said that Hong Kong's five-year plan will not replace the market, but will make better use of the combination of an “effective market” and a “promising government.” For enterprises, a directional and predictable plan helps enterprises clearly see medium- to long-term development trends and be more confident in deploying investment, talent, technology, and market strategies.

Outsiders are concerned about how Hong Kong is implementing and advancing the five-year plan. She pointed out that specific measures can be found in the “Policy Address”. The authorities expect to advance the blueprint under the five-year plan in an orderly manner every year in the future, and that the budget will also provide timely resource cooperation.

Xie Xiaohua said that this year marks the beginning of the country's “15th Five-Year Plan”, and it is also Hong Kong's first five-year plan. She stressed that Hong Kong's development has always been closely linked to the country's development destiny. The motherland has always been Hong Kong's strongest backing and Hong Kong's greatest support for dealing with risks, challenges and development.

Xie Xiaohua added that the “15th Five-Year Plan” proposes that Hong Kong should consolidate its position as an international financial center, shipping trade center, etc., and enhance advantages such as an international innovation and technology center. These positions are not abstract visions, but specific opportunities for the whole society to participate in investment, entrepreneurship, and market development.

She stressed that under the framework of the interconnection between the national “15th Five-Year Plan” and Hong Kong's five-year plan, the business community will definitely have more opportunities to serve the country and help Hong Kong's development, including innovative technology and new industrialization, integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area, cross-border investment and layout platforms for enterprises, and green transformation and sustainable development.